7320 14th se

Rare Long Lake acreage with over 400' of waterfront w/dock and preliminary studies complete and ready for engineering & plat application. Zoning allows residential, townhouse/condo pads, senior housing, memory care, restaurant, hotel, boat launch. Current 34 Lot site layout corresponds with 9/13/2023 presubmission meeting. City says lots can be duplexes for 68 DU yield. Site is approx 1000' to Woodland Creek Disc Golf Course, Park & Senior Center. Seller financing via Note & DOT w/$500,000 down, 10 yr loan w/2 year balloon & 6% interest only w/quarterly payments. 5% EM nonrefundable at feasibility waiver w/POF to close for unknown buyer. Drawings, reports & studies in attached dox. Preference given to strongest buyers w/quickest closing.