7306 24th Ave
Hugo, MN 55038
Price: $1,350,000
Turnkey Orchard, Agritourism & Income Property with Future Upside.
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.
Basic Features:
| Type |
Commercial Sale |
| Zoning |
Other |
| Year Built |
1901 |
| School District |
White Bear Lake |
| County |
Anoka |
| Lot Size |
715.93 x 669.42 |
| Acreage |
10.52 acres |
| Garage |
2 Car |
| Lot Description |
Tree Coverage - Heavy |
| Number of Units |
1 |
| Tax $ / Year |
$6,415 / 2025 |
| Tax ID |
|
| Legal Description |
|
Includes:
Cooktop,Dishwasher,Dryer,Exhaust Fan,Freezer,Microwave,Range,Refrigerator,Washer,Water Softener Owned,Building,Business Assets,Business,Fixture/Equipment,Land
Additional Features
| Government Programs |
|
| Section |
13 |
| Terrain Type |
|
| Roads |
City Street,Paved Streets |
| Basement |
Full,Unfinished |
| Cooling |
None |
| Driveway |
|
| Exterior Features |
Metal Siding,Vinyl Siding |
| Foundation |
1638.00 |
| Fuel Source |
Propane |
| Handicap Access |
None |
| Heating |
Baseboard,Hot Water |
| Roof |
Asphalt |
| Sewer Service |
Mound Septic,Private Sewer |
| Water Service |
Well |
| Water Heater |
|
| Parking Lot |
Detached Garage,Gravel,Insulated Garage |
| Exterior Construction |
|
| Fencing |
Chain Link,Wire |
| Utilities |
Electric Separate,Heating Separate,Hot Water Separate |
| Laundry |
N |
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