Listing Details

Listing Courtesy of Real Estate Masters, Ltd.
Mixed-Use Investment Property in Downtown Lindström. Discover the potential of 12814 Lake Blvd, a rare mixed-use opportunity in the heart of Lindström's historic business district. Perfectly situated on Lake Boulevard / Hwy 8, this property offers unbeatable visibility, steady traffic, and a vibrant location surrounded by shops, dining, and community amenities. The main level features 1,633 sq. ft. of flexible commercial space, ideal for retail, professional office, wellness services, or a boutique destination. Expansive front windows flood the space with natural light and provide excellent display and signage potential. Upstairs, the property includes two fully leased apartments that add immediate income: 2-bedroom, 1-bath apartment 1-bedroom, 2-bath apartment This combination makes 12814 Lake Blvd equally appealing for an owner-user seeking supplemental rental income or an investor looking for a turnkey property in a growing market. Highlights: 1,633 sq. ft. main-floor commercial space Two apartments on the second floor (2BR/1BA and 1BR/2BA) Excellent visibility on Lake Blvd / Hwy 8 New Roof, Water Heater, and Sump Pump Flexible floor plan for retail, office, or services Surrounded by thriving local businesses and community attractions Income-producing residential units provide built-in cash flow With Lindström's downtown revitalization underway, this property positions you to benefit from both commercial growth and residential rental demand. 12814 Lake Blvd is the perfect blend of location, income, and opportunity.
County: Chisago
Latitude: 45.389954
Longitude: -92.847191
Subdivision/Development: C A Victors Reag Of Blk 2
Directions: 12814 Lake Blvd
Has Dining Room: No
Has Fireplace: No
Number of Fireplaces: 0
Heating: Forced Air
Heating Fuel: Electric, Natural Gas
Cooling: Central Air, Window Unit(s)
Appliances: Electric Water Heater, Freezer, Range, Refrigerator
Basement Description: Drainage System, Partial, Sump Pump, Unfinished
Has Basement: Yes
Tenant Pays: Snow Removal
Total Number of Units: 3
Accessibility: None
Ceiling Height: 8-10
Stories: Two
Construction: Brick/Stone, Metal Siding, Vinyl Siding
Roof: Age 8 Years or Less, Asphalt
Water Source: City Water/Connected, City
Septic or Sewer: City Sewer - In Street
Water: City Water/Connected, City Water - In Street
Utilities: Electric Separate, Heating Separate, Hot Water Common
Parking Description: Guest Parking, On-Street Parking Only, Parking Lot, Paved
Garage Spaces: 0
Lot Description: Irregular Lot, Underground Utilities
Terrain: Level
Lot Size in Acres: 0.04
Lot Dimensions: 33x50
Zoning: Business/Commercial
Road Frontage: Paved Streets, Sidewalks, Street Lights, State Road, S
High School District: Chisago Lakes
School District Phone: 651-213-2096
Property Type: COM
Year Built: 1915
Status: Active
Unit Features: City View
Owner Pays: Gas, Insurance, Repairs, Sewer, Taxes, Trash Collection
Tax Year: 2024
Tax Amount (Annual): $2,448
Inclusions: Building, Leases