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06-08-2020 EDA
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06-08-2020 EDA
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Last modified
1/29/2025 9:15:33 AM
Creation date
6/22/2020 9:31:01 AM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
6/8/2020
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
6/8/2020
EDA Document Type
Council Packets
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Presented By: <br />Douglas Harris |Commercial Broker |651.256.7404 |douglas@resultscommercial.com <br />Mark Hulsey |Managing Broker |651.256.7404 |mark@resultscommercial.com <br />PROPERTY OVERVIEW <br />2.04 contiguous acres to be redeveloped within Zoning B-2 Limited Business and B-3 Highway Business.This is an exclusiveopportunitytopurchaseaportfolioof4parcelsalongHighway10offeringexcellentvisibilityto21,000+cars per day.Zoning allowsawiderangeofusesincludingMulti-Family and Mixed Use.Neighbors include CVS,Caribou Coffee,Domino’s Pizza and BurgerKing.Affluent demographics and the close proximity to the Twin Cities makes this an ideal redevelopment area.Averagehouseholdincomesover$71,000 in the 1 to 5 mile radius.The Twin Cities is home to 19 Fortune 500 Companies with the 17thbusiest airport.All 3 properties are in the Redevelopment Plan per the City Of Mounds View.Contact listing brokers for all tours. <br />PROPERTY HIGHLIGHTS <br />•All 3 addresses below are contiguous: <br />•• Total of 2.04 Total Acres (4 PID#s: 06-30-23-34-0062, 06-30-23-34-0061; 06-30-23-34-0089; 06-30-23-34-0086) <br />•• 2832 Mounds View Blvd, 1.04 acres - PID#'s 06-30-23-34-0089; 06-30-23-34-0086 – Zoned B-3 - $999,999 <br />•• 2840 Mounds View Blvd, 0.59 acres - PID# 06-30-23-34-0062 – Zoned B-2 - $469,900 <br />•• 7861 Groveland Rd, 0.41 acres - PID# 06-30-23-34-0061 – Zoned B-2 - City Owned - $ PRICE NEGOTIABLE <br />SECTION 1 / PAGE 4 <br />3 PROPERTY ASSEMBLAGE, <br />MOUNDS VIEW, MN 55112 <br />EXECUTIVE SUMMARY
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