7306 24th Ave Hugo, MN 55038
10.52 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6814134
Year Built 1901
Annual Tax Amount $6,415
Tax Year 2025
Contingent None
Lot Size 10.520 Acres
Acres 10.52
Lot Dimensions 715.93 x 669.42
Property Description
Applecrest Orchards presents a rare opportunity to acquire a 10.5-acre producing apple orchard with multiple income streams, located in the high-growth Hugo / Lino Lakes corridor just minutes from the Twin Cities.
The property includes approximately 1,000 producing apple trees across 36+ varieties, a fully operational on-site apple store with commercial kitchen and walk-in cooler, a state-of-the-art indoor hydroponic grow facility, barns, equipment storage, and all major orchard equipment included.
In addition to the business assets, the property features a fully furnished, STR-ready 5-bedroom farmhouse, creating immediate rental income potential or on-site management flexibility.
Business & Investment Highlights:
Boutique-scale orchard suitable for owner-operator OR leased operation,
Proven retail history with additional upside via wholesale, agritourism, events, or lease-back model,
STR income potential from the residence
Multiple operational paths: simplify, scale, or lease components independently.
Located within the City of Lino Lakes's long-term growth plan, offering potential future redevelopment upside.
This offering is ideal for: Entrepreneurs or investors seeking a turnkey lifestyle business,
Buyers pursuing a 10–15 year income hold with multiple exit strategies,
Near-cash or 1031 buyers looking for a unique, tangible asset.
Applecrest is not a single-use property — it is a flexible platform combining business, real estate, and long-term opportunity in one compelling package.
Location
State MN
County Anoka
Zoning Other
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Hot Water
Cooling None
Inclusions Building, Business Assets, Business, Fixture/Equipment, Land
Fireplace No
Appliance Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Exterior
Parking Features Detached Garage, Gravel, Insulated Garage
Garage Spaces 2.0
Fence Chain Link, Wire
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Asphalt
Present Use Other
Building
Lot Description Tree Coverage - Heavy
Story Two
Foundation 1638
Sewer Mound Septic, Private Sewer
Water Well
Level or Stories Two
New Construction false
Schools
School District White Bear Lake