For Sale: Mound MLS# 6710187
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Property Description
Multi-tenant Office Building with plentiful parking and professional tenants. The building is finished office space on the first and second floors. The second floor can be converted to residential use under existing zoning. Gross building area of 5061 sq. ft. includes 3189 finished sq. ft. and an unfinished basement (1872 sq. ft.). The building has great frontage on Commerce Blvd - Mound's main street. The site is adjacent to the regional trail and close to public transportation and Mound's park and ride ramp. All showings must be scheduled in advance through agent. Please do not approach tenants for information.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$490,000
Property Type:
Commercial
City:
Mound
Garage Spaces:
0
County:
Hennepin
Year Built:
1928
State:
MN
Property Style:
Office
Zip Code:
55364
Subdivision Name:
Lynwold Park Lake Mtka
Interior
Ceiling Height:
Varied Heights
Basement Details:
- Drain Tiled
- Posts
- Sump Pump
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
1,929 ft2
Foundation Dimensions:
50 x 48
Handicap Accessible:
Grab Bars In Bathroom, Door Lever Handles
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Parking Lot
Road Frontage:
- City Street
- County Road
Exterior Material:
- Brick/Stone
- Vinyl Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.18
Geolocation:
44.936906, -93.666679
Inclusions:
Building, Land
Lot Dimensions:
170 x 54
Zoning:
Business/Commercial
Lot Description:
- Irregular Lot
- Property Adjoins Public Land
- Public Transit (w/in 6 blks)
Farm
Topography:
Level
Schools
School District:
277
District Phone:
952-491-8001
Expenses
Annual Electric Expense:
$1,920
Annual Fuel Expense:
$1,239
Annual Gross Expense:
$19,083
Annual Water/Sewer Expense:
$1,028
Tenant Expenses:
Janitorial Service, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$10,855
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,855
Income
Annual Gross Income:
$32,400
Rent
Annual Net Income:
$13,317
Units
Total Units:
1
Miscellaneous
Current Use:
- Office
- Professional Service
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Bayside Real Estate Services.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.