2434 Commerce Boulevard,Mound, MN 55364
Mound, MN 55364
Description
Exceptional opportunity to acquire a well-maintained multi-tenant commercial building in the heart of Mound. This 12-unit office property offers strong in-place income with no current vacancies, making it an ideal investment for both seasoned investors and owner-operators.The property features approximately 4,800+ finished square feet across multiple levels, with a flexible layout that accommodates a variety of professional office uses.Situated on a high-visibility corridor just off Commerce Boulevard, the location provides convenient access for tenants and clients alike, with ample on-site parking and proximity to Lake Minnetonka communities.Additional upside potential exists through future rent optimization and possible leasing of storage areas in the basement.
Details
| MLS # | 7064657 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 136 |
| Listing Provided By | Compass | Geoffrey S Serdar |
Features
| SQ Feet | 4,833 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 12 |
| Zoning | Business/Commercial |
| Acreage | 1.39 |
| Water Front | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Appliances | Dishwasher, Refrigerator |
Parking
| Parking Features | Parking Lot, Paved Lot |
|---|
Utilities
| Utilities | Electric Common, Heating Common, Hot Water Common |
|---|
Taxes
| Property | 16406 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Mound |
| Zip Code | 55364 |
| Community Name | Auditors Sub 167 |
| School District | 277 |
| High School | Westonka |
| Listing VS Median (in Auditors Sub 167) | |
Price: $829,900 low | high Med: $829,900 sqft: 4,833 low | high Med: 4,833 $ / sqft: $172 low | high Med: $172 On site: 136 low | high Med: 136 | |
Market Activity 55364
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Mound |
| Zip Code | 55364 |
| Community Name | Auditors Sub 167 |
| School District | 277 |
| High School | Westonka |
| Listing VS Median (in Auditors Sub 167) | |
Price: $829,900 low | high Med: $829,900 sqft: 4,833 low | high Med: 4,833 $ / sqft: $172 low | high Med: $172 On site: 136 low | high Med: 136 | |