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$695,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 1.18 Acres
  • Updated 21 hours ago
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GREAT INVESTMENT OPPORTUNITY in a PRIME LOCATION offering MULTIPLE DEVELOPMENT OPTIONS. Potential options include; retain full parcel for investment and future development, split the home from approximately .74 acres to create a commercial lot, or subdivide to create an additional residential lot. The property is currently a residential parcel featuring a 2,370 sq ft four-level home situated on 1.09 acres that is currently rented for $3000.00 per month. Seller currently has an application submitted with the City proposing the following split: the existing home on approximately .44 acres, and the north half as an approximately .74-acre commercial lot (see attached City recommendation and concept's). The proposed .74-acre commercial lot has potential for a 5,000 sq ft building with approximately 26 parking spaces (see attached documentation). All subdivision and development subject to City approval. PID #101-118-000010 is included in the sale.

Full Property Details for 5020 Jason Ave NE

General

  • Price: $695,000
  • Taxes: $4,652 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7013263
  • Updated: 1/29/2026
  • Added to Site: 4 day(s) ago

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached Garage, Gravel, Concrete, Insulated Garage

Location

  • County: Wright
  • Township: Albertville
  • Subdivision: Prairie Run
  • Driving Directions: I94 to Albertville, CR19 south to CR18 (Jason Ave). Turn Right. Property on right.

School Information

  • School District: 2320 - St. Michael-Albertville
  • High School District: St. Michael-Albertville

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: 4-Inch Submersible
  • Utility Description: Electric Common, Heating Common

Structural Information

  • Basement: Yes
  • Foundation Size: 1698
  • Disability Access: None
  • Current Bldg. Use: Other, Residential
  • Year Built: 1994

Lot Features

  • Lot Size (Acres): 1.18
  • Lot Dimensions: 199 x 284 x 163 x 414
  • Zoning: Business/Commercial, Lot, Residential-Single Family

Financial Considerations

  • Tax Amount: $4,652
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: Lot 16 Block 1 Prairie Run, Sec 02 Twp 120 Range 024
  • Inclusions: Land, Other
  • Property ID: 101103001160

Listed by LPT Realty, LLC

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— 5020 Jason Ave NE —

  • LPT Realty, LLC

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Schools serving 5020 Jason Ave NE

School District:St. Michael-Albertville School District
NameGradesDistance
St Michael-Albertville Middle West
11343 50th Street Northeast, Albertville, MN 55301
5-80.3 mi
Albertville Primary School
5386 Main Avenue Northeast, Albertville, MN 55301
K-0.7 mi
Fieldstone Elementary School
5255 Jansen Avenue Northeast, Saint Michael, MN 55376
1-41.2 mi
St. Michael-Albertville Senior High School
5800 Jamison Avenue Northeast, Saint Michael, MN 55376
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5020 Jason Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$695,000
61.63%
MLS
7/02/2025
Sold
$430,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5020 Jason Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,652
2%
$378,600
3%
2024
$4,548
-18%
$368,500
-2%
2023
$5,552
47%
$376,600
11%
2022
$3,788
-1%
$338,300
25%
2021
$3,808
2%
$269,600
11%
2020
$3,740
10%
$242,900
12%
2019
$3,402
6%
$217,500
5%
2018
$3,196
4%
$207,100
5%
2017
$3,074
2%
$197,300
3%
2016
$3,000
3%
$190,800
4%
2015
$2,924
8%
$183,300
9%
2014
$2,720
—
$168,000
8%
2013
$2,716
—
$155,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by LPT Realty, LLC

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5020 Jason Avenue NE, Albertville, MN 55301 (MLS# 7013263) is a Commercial property. 5020 Jason Avenue NE is currently listed for $695,000 and was received on January 26, 2026. Want to learn more about 5020 Jason Avenue NE? Do you have questions about finding other Commercial real estate for sale in Albertville? You can browse all Albertville real estate or contact a Coldwell Banker agent to request more information.

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