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$495,000 For Sale
23038 Rum River Boulevard NW
Saint Francis, MN 55070
3 units |

1.34 acre lot
Commercial: Commercial - MLS# 4745675
Property Photo


This property is located conveniently across the street from the St. Francis High School as well as the only through street going south for the new development of homes just north of the property. The building was originally built in 1970 and used as a church until new owner in 2006 tore it down to built-right and studs and totally rebuilt it. There is a 57 space tarred parking lot as well as green space for another building. Other land available also. Roundabout being built on corner.


  • Zoning: Business/Commercial
  • Sale Includes: Building
  • Property Type: Commercial
  • Postal City: Saint Francis (Mn)
  • Parking Characteristics: Driveway - Asphalt
  • Other Parking Spaces: 50
  • Number Of Units 7: 1
  • Number Of Units 3: 1
  • Number Of Units 2: 1
  • School District: 15 - St. Francis
  • Sewer: City Sewer/Connected
  • Zip Code: 55070
  • Year Built: 2006
  • Water: City Water/Connected
  • Units: 3
  • Total Monthly Income: 5050
  • Total Annual Income: 62920
  • Total Annual Expenses: 14088
  • Tenant Expenses: Trash
  • Sub Type: Commercial
  • Miscellaneous Annual Inc: 2320
  • Lot Dimensions: 147X398 Ft
  • Listing Status: Active
  • Annual Net Income: 48832.00
  • Annual Maintenance Expen: 6393
  • Annual Insurance Expense: 1462
  • Annual Gross Expense: 62920.00
  • Annual Fuel Expense: 546
  • Annual Electric Expense: 1660
  • Amenities - Shared: Security Building
  • Air Conditioning: Central
  • Acres: 1.3400
  • Annual Rent 2: 6000
  • Annual Rent 3: 24000
  • Heating: Forced Air
  • Fuel: Natural Gas
  • Foundation Size: 2028
  • Exterior: Vinyl, Brick/Stone
  • County/Area: Anoka County
  • Building Finished Square: 3672
  • Annual Water/Sewer Expen: 888
  • Annual Repair Expense: 1708
  • Annual Rent 7: 30600
  • Accessibility: Stair Chair Lift
© Copyright 2017 Regional MLS of Minnesota, Inc. All Rights Reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than RE/MAX Realty Today are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-06-27

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Larry Anderson
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Larry Anderson  | RE/MAX Realty Today | Phone: 763-360-4551 | Email Me
Saint Francis, MN 55070