A national company has signed a letter of intent to purchase the former Denny Hecker dealership on Stillwater Boulevard in Oak Park Heights, according to the real estate agent marketing the property.
The letter comes in the wake of an announcement that a deal with Minnesota Outdoor Shooting Sports— which had previously written a letter of intent to purchase the facility — failed to materialize.
“There was a meeting of the minds, but it never materialized in a formal agreement,” said Brian Zeller of Greystone Commercial, the firm marketing the property.
In October Minnesota Outdoor Shooting Sports received approval from the Oak Park Heights City Council to build an education-focused gun range expected to include an Airsoft practice facility, a small cafe and retail space.
Barry Schalkle, president of Minnesota Outdoor Shooting Sports, declined to comment about the status of the project on the record.
According to Zeller, Minnesota Shooting Sports was still attempting to secure investors and could still purchase the property if financing comes through and if the property is still available.
In the meantime, Zeller wanted the public to know his firm is actively marketing the 56,000 square foot building and 7.8 acres of land at the site. The asking price for the facility and the land is $2.6 million.
“As we’re marketing the property, a lot of people (have thought) the property is already sold,” he said. “The property is 100 percent available for sale or release. … It’s a large property and a good value, and we’d certainly like to see it occupied for the benefit of everybody.”
Zeller said he couldn’t yet reveal the name of the national company interested in the property, but he said the proposal would require some effort to go through the approval process with the city of Oak Park Heights.
Oak Park Heights City Administrator Eric Johnson said the city has not seen any formal applications for developments at the site other than the gun range proposal, but he said the city hopes to see a successful project at the site.
“We look forward to a positive redevelopment there,” he said.
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