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$1,600,000
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6691872
Year Built 1950
Annual Tax Amount $16,090
Lot Dimensions TBD
Property Description
Prime Commercial Opportunity on the Rum River – St. Francis Hardware & Rum River Inn Property
Discover the unique potential of this iconic property located in the heart of St. Francis, boasting 289 feet of Rum River frontage and high visibility on a well-traveled corridor. This offering includes the long-standing St. Francis Hardware Store, the adjoining Rum River Inn property, a 40x60 pole building with electricity and a bathroom, plus an additional covered storage.
The hardware store is still in operation and currently working toward final inventory closeout. Whether you choose to continue the legacy as a hardware and building supply center or pursue a new retail or commercial venture, the possibilities are endless. Consider concepts such as a garden center, boutique market, or a multi-tenant retail setup.
A flexible layout, high-traffic location, and direct river frontage make this property ideal for redevelopment or expansion. The survey will be completed and recorded at the time of final sale. The site may be sold as two separate parcels or combined as one.
Please note: Due to the Rum River's Wild and Scenic designation, development plans will require DNR involvement. Refer to supplements for zoning details, including the transition from R-1 to B-1 districts. Buyers should be aware that the hardware store's rear storage area is currently classified as nonconforming.
Don't miss this rare opportunity to shape the future of a historic and well-positioned property in downtown St. Francis.
Discover the unique potential of this iconic property located in the heart of St. Francis, boasting 289 feet of Rum River frontage and high visibility on a well-traveled corridor. This offering includes the long-standing St. Francis Hardware Store, the adjoining Rum River Inn property, a 40x60 pole building with electricity and a bathroom, plus an additional covered storage.
The hardware store is still in operation and currently working toward final inventory closeout. Whether you choose to continue the legacy as a hardware and building supply center or pursue a new retail or commercial venture, the possibilities are endless. Consider concepts such as a garden center, boutique market, or a multi-tenant retail setup.
A flexible layout, high-traffic location, and direct river frontage make this property ideal for redevelopment or expansion. The survey will be completed and recorded at the time of final sale. The site may be sold as two separate parcels or combined as one.
Please note: Due to the Rum River's Wild and Scenic designation, development plans will require DNR involvement. Refer to supplements for zoning details, including the transition from R-1 to B-1 districts. Buyers should be aware that the hardware store's rear storage area is currently classified as nonconforming.
Don't miss this rare opportunity to shape the future of a historic and well-positioned property in downtown St. Francis.
Location
State MN
County Anoka
Direction From Hwy 47 take Ambassador Blvd. to Bridge St.
Rooms
Basement Crawl Space, Partial, Unfinished
Interior
Heating Forced Air
Cooling Central
Exterior
Parking Features Parking Lot, Paved Lot
Utilities Available Electric Separate
Roof Type Asphalt Shingles
Accessibility None
Building
Lot Description Corner Lot
Water City Water/Connected
Structure Type Block,Brick
Others
Senior Community No
Tax ID 323424340027
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