Coldwell Banker Realty
17305 Cedar Avenue
MN 55044
Hittner Group
For Sale
$575,000
8054 Spring Lake Road Ne
Spring Lake Park,
MN 55432
Prime 1.7-acre corner site on Hwy 10 with excellent visibility and high traffic counts. Currently zoned C2 with limited commercial uses. Comprehensive Plan guides the property for medium=density residential (up to 10 units per acre). City has indicated receptiveness to R-3 rezoning, make this an ideal opportunity for townhome, multifamily, or senior housing development. Strong nearby housing demand supports the area, with neighboring properties reporting extended waitlists for 2 bed units and rates around $1700/month. Senior housing benefits from reduced parking requirements, allowing for more efficient layout. Hwy 10 corridor improvements and potential lane/access modifications may impact future access. Existing home is a teardown and sold as-is. Buyer to verify all zoning, density, market and development requirements.
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Listings courtesy of NorthstarMLS® as distributed by MLS GRID. Office: Counselor Realty
Listings courtesy of NorthstarMLS® as distributed by MLS GRID.
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