FOR SALE Historic Frank Lloyd Wright Service Station Asking $380,000 Own A Piece of History

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1 FOR SALE Historic Frank Lloyd Wright Service Station Asking $380,000 Own A Piece of History Opened 1956 For Additional Information and To View the Property Please Contact Sandy Hoff - Office Phone shoff@fisalter.com 1

2 History 2

3 LOCATION MAPS 3

4 LEGAL DESCRIPTION The legal description is: Following are the estimated market values for the subject as determined by the Carlton County Assessor for taxes payable in Parcel Code EMV Land EMV Building Total EMV $44,100 $141,800 $185, $18,600 $0 $18, $26,600 $0 $26,600 Total $231, FLOOD ZONE According to the FEMA Flood Zone Map # C, effective September 27, 1991, the subject is located within a minimal flood hazard area. ZONING The subject property is located in the City Center Zoning district. This zoning classification allows for a diverse range of commercial uses. The existing use, as well as most likely alternate uses of the site are allowable under this zoning classification. 4

5 GIS MAP SUBJECT 9

6 SURVEY MAP 10

7 SUBJECT FLOOD MAP 11

8 ZONING MAP SUBJECT 12

9 SITE DESCRIPTION Situated on the southeast corner of Highway 33 and Cloquet Avenue, the subject site is L shaped and comprises approximately 24, square feet including the land area encumbered by road easements and approximately 17,030 square feet of fee owned land not encumbered by the road easement. Additionally the land area actually used in the operation approximates, 21,615 square feet which includes some, but not all of the aforementioned land area encumbered with road easement, plus an additional 4,585 square feet on the west and north sides of the site. Improvements to the site include a Frank Lloyd Wright service station with ancillary site improvements related to the fueling operations. Size and Dimensions: Please refer to the attached survey map. The usable land area, excluding all roadways approximates, 17,030 square feet. Topography - Vegetation: The topography of the site is generally level. Vegetation is limited to a minimal amount of grass and landscaping. Utilities: Municipal water, gas and electric serve the site. Road Access: Access to the site can be gained from Highway 33, Cloquet Avenue and 3 rd Street. The site has excellent rod access and visibility. The Minnesota Department of Transportation reports average daily traffic counts for Minnesota Roadways. The average daily traffic count for Highway 33 west of the subject is 13,700. Cloquet Avenue has an average daily traffic count of 7,950. Soil Conditions and Environmental Issues: I have not been provided with soil borings. However, soil conditions appear conducive to support the existing structure. According to the owners, the site has experienced environmental issues but received a closure letter. Buyers are encouraged to do further environmental investigation. Sellers will provide information contained in their files pertaining to environmental issues as part of a due diligence period once a signed LOI or purchase agreement are obtained. All data pertaining to the site should be verified by the buyer. 13

10 DESCRIPTION OF IMPROVEMENTS General Overview: In 1958 world renowned architect, Frank Lloyd Wright was commissioned to design a service station by Ray Lindholm. The unique structure features a 60-foot illuminated roof-top pylon, upper-level glass observation lounge and a 32-foot cantilevered copper canopy. The primary building frame consists of concrete blocks and steel with a concrete slab on grade floor. Space utilization includes thee service bays on the north side, a small point of sale retail area, upper level bathrooms and waiting room and a fourth service bay on the west side. The main segment of the building is rectangular shaped with the grand overhead canopy and second level glass waiting area providing a visual enhancement to the otherwise typical shape. The building comprises approximate 2,500 square feet. Additional Site Improvements The site is also improved with concrete and bituminous paving, a diesel pump island with a two hose dispenser, gasoline pump island with two, two hose multiproduct dispenses, a propane storage tank and fueling system, site signage and underground fuel storage tanks. Pursuant to forthcoming discussions in the highest and best use section of the report, the highest and best use is for redevelopment of the site. Due to the uniqueness and good level of maintenance, the FLW building may provide some contributory value as part of an adaptive reuse of the site and building. All data should be verified by the buyer. 14

11 ADDITIONAL PHOTOGRAPHS 15

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