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2014.06.10 EDA Agenda Packet
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2014.06.10 EDA Agenda Packet
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1/11/2016 10:54:52 AM
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Commissions
Meeting Date
6/16/2014
Document Type
Agenda/Packets
Commission Name
EDA
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SALE PRICE: <br />PROPERTY SIZE: <br />ZONING: <br />VISIBILITY: <br />TOPOGRAPHY: <br />PROPERTY OWNER: <br />DESCRPITION: <br />Site Statistics <br />$6.00 per Square Foot <br />Approximately 4.62 Acres <br />Central Business (C-1) <br />Downtown Plan and Design Guidelines Apply <br />Very High - Located on Highway 61 <br />Average Daily Traffic Volume of 16,000 Cars per Day <br />Level/Generally Flat <br />City of Hugo, MN <br />The property is located in the heart of the City of Hugo and offers a wide array of <br />opportunities for any buyer. With over 650 feet of lakeshore frontage, this beautiful property is <br />prime for a mixed used development with a restaurant/entertainment use, as well as, <br />commercial, boutique retail, office, and housing. This property could become the centerpiece <br />for the downtown business district in the City of Hugo. A survey of the property is available <br />upon request. <br />The property is within minutes of the newly redesigned freeway interchange at I35E (ADTV <br />86,900) and County Rd 14/8 (ADTV 13,900). Highway 61 (ADTV 14,100) has been recently <br />resurfaced and a turn lane has been constructed to access the property. <br />AREA TENANTS: <br />In addition to a large day time population of 1,973 employees, mostly due to the two industrial <br />parks located in Hugo, there are several commercial tenants in the area. <br />Festival Foods Grocery • Guys and Dolls Salon . Cornerstone Chiropractic • Law Firm <br />Subway <br />• <br />Adevia Salon <br />. <br />Hugo Chiropractic <br />• Lorenz Dance <br />Blue Heron Grill <br />• <br />Kwik Trip <br />. <br />Edward Jones Financial <br />• North County Auto <br />Savoy Pizza <br />• <br />Postal Credit Union <br />. <br />Luxury Nails <br />• St. Croix Saddlery <br />Dominos Pizza <br />• <br />Snap Fitness <br />. <br />Hawaiian Tan <br />• Hugo Auto Parts <br />Papa Murphy's Pizza <br />• <br />Martinizing Dry Cleaning . <br />Northern Lights Pediatrics <br />• Sagers Liquor <br />Dunn Brothers <br />• <br />Bates Orthodontics <br />. <br />Children's Hospital Clinic <br />• On the Rocks Liquor <br />Amian Bistro <br />• <br />Lake Area Bank <br />. <br />HealthPartners Clinic <br />• Anytime Fitness <br />Blacksmith Restaurant <br />• <br />Premier Bank <br />. <br />Health East Clinic <br />• Martial Arts Academy <br />Wagner's Nursery <br />• <br />PAWS Pet Hospital <br />. <br />Associate Eye Care <br />• Hugo Dental <br />Great Clips <br />• <br />Verizon <br />. <br />Hugo Feed Mill/Hardware <br />• Kids Ability Therapy <br />Fantastic Sam's <br />0 <br />Oneka Dental <br />0 <br />Fairview Clinic/Pharmacy <br />• Tax Associates <br />
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