Mixed use property for sale, great potential with three scenarios. Scenario 1 - buyer lives in the home and uses the garages for their shop or business. Buyer would then run a business out of the large 1080 sq ft garage space, like a car repair shop or landscaping, construction, or small industrial. This way the buyer will only need to buy one property instead of two to run their business. Scenario 2 - Buyer runs a small business out of the home like real estate or insurance agency and rents out the garage and back of lot for extra $1200-1600 per month. Scenario 3 - buyer wants to level all building and put up a commercial building Zoned C-2 by City of Champlin. Added a PDF file Champlin Code Ordinances for new buildings in documents.
Buyer and buyers agent to verify all measurements.. This location over looking highway 169 makes this a very valuable lot . Buyer and buyers agent to verify proposed commercial plans to the City of Champlin. Property is zoned C-2 Commercial General Business by City of Champlin. Seller has confirmed all rents of the home and garages and lot in back are month to month rentals thus can be cancelled with one month notice. Currently monthly rents are $1200 for home; $500 for lot storage; $450 for one garage stall. There are two other garage stalls that can still be rented as well as three truck park spots for about $700 more in rent