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8.1 EDSR 07-17-2017Request for Action ToItem Number Economic DevelopmentAuthority8.1 Agenda Section Meeting DatePrepared by Work SessionJuly 17, 2017Amanda Othoudt, EDD Item Description Reviewed by Discuss Former School District Office PropertyCal Portner, City Administrator Reviewed by Action Requested Discuss and provide staff direction. Background/Discussion Independent School District #728 is movingtheir district offices to the former Minnesota School of Business facility and has placed their former building on the ma The City Council discussed the property at their July 3, 2017,work session and directed staff to bring it to the HRA and the EDA to discuss potential uses, impacts to downtown business and traffic opportunities and/or identify possible longer-term goals for the area. Financial Impact N/A Attachments ISD Marketing Brochure Template Updated 4/14 OFFICE FOR SALE PROPERTY OVERVIEW SALE PRICE: PRICE PER UNIT: LOT SIZE: BUILDING SIZE: PROPERTY FEATURES BUILDING CLASS: YEAR BUILT: ZONING: CROSS STREETS: TRAFFIC COUNT: RYAN HARDIN KW COMMERCIAL NORTHWEST HARDIN-CRE 612.356.2002 Broker/Realtor 16201 90th St NE, 612.860.6177 Suite 100 ryanhardin@kw.com Otsego, MN 55330 www.Hardin-CRE.com OFFICE FOR SALE RYAN HARDIN KW COMMERCIAL NORTHWEST HARDIN-CRE 612.356.2002 Broker/Realtor 16201 90th St NE, 612.860.6177 Suite 100 ryanhardin@kw.com Otsego, MN 55330 www.Hardin-CRE.com OFFICE FOR SALE RYAN HARDIN KW COMMERCIAL NORTHWEST HARDIN-CRE 612.356.2002 Broker/Realtor 16201 90th St NE, 612.860.6177 Suite 100 ryanhardin@kw.com Otsego, MN 55330 www.Hardin-CRE.com OFFICE FOR SALE RYAN HARDIN KW COMMERCIAL NORTHWEST HARDIN-CRE 612.356.2002 Broker/Realtor 16201 90th St NE, 612.860.6177 Suite 100 ryanhardin@kw.com Otsego, MN 55330 www.Hardin-CRE.com OFFICE FOR SALE RYAN HARDIN KW COMMERCIAL NORTHWEST HARDIN-CRE 612.356.2002 Broker/Realtor 16201 90th St NE, 612.860.6177 Suite 100 ryanhardin@kw.com Otsego, MN 55330 www.Hardin-CRE.com OFFICE FOR SALE RYAN HARDIN KW COMMERCIAL NORTHWEST HARDIN-CRE 612.356.2002 Broker/Realtor 16201 90th St NE, 612.860.6177 Suite 100 ryanhardin@kw.com Otsego, MN 55330 www.Hardin-CRE.com OFFICE FOR SALE POPULATION1 MILE5 MILES10 MILES TOTAL POPULATION MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME1 MILE5 MILES10 MILES TOTAL HOUSEHOLDS # OF PERSONS PER HH AVERAGE HH INCOME AVERAGE HOUSE VALUE RACE1 MILE5 MILES10 MILES % WHITE % BLACK % ASIAN % HAWAIIAN % INDIAN % OTHER ETHNICITY1 MILE5 MILES10 MILES % HISPANIC * Demographic data derived from 2010 US Census RYAN HARDIN KW COMMERCIAL NORTHWEST HARDIN-CRE 612.356.2002 Broker/Realtor 16201 90th St NE, 612.860.6177 Suite 100 ryanhardin@kw.com Otsego, MN 55330 www.Hardin-CRE.com