Current Use by Public Records
- Lifestyle centers
Property Details for 0 2Nd St
- Lot size
- 1.61 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents two commercial lots totaling 1.61 acres in the thriving Zimmerman, MN market. Strategically located off US Highway 169 and Fremont Avenue Northwest, these lots boast high visibility to over 32,000 vehicles daily, ensuring maximum exposure for any development. The property benefits from convenient two-turn access from both major roadways, providing easy ingress and egress. Situated adjacent to an established shopping center anchored by Z Market Grocery, and complemented by Warzecha Autoparts and Royal Performance Company Dance Studio, this location offers immediate access to existing customer traffic. The area is experiencing significant residential growth, with new luxury apartments within walking distance, creating a strong potential customer base. Zoned C-2, the lots are ideally suited for a variety of commercial uses. Completed site plans are available, supporting a 15,000 square foot building on one lot and a 4,692 square foot building on the other. The asking price for Lot 1 (70,132 square feet) is $298,061, representing a price per square foot of $4.25. This presents a rare chance to capitalize on the rapid development and high visibility of this prime Zimmerman location. The property's APN is 95-469-0115. This is a turnkey opportunity for investors seeking high-return potential in a rapidly growing community.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Zimmerman
- County
- Sherburne
- State
- Minnesota
- Longitude
- -93.5871
- Latitude
- 45.4433
