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Active NEW!
$1,595,000
/mo Edit
Commercial:  1 Story
Built 1970
0.64 acres
MLS# 7043444
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    Property Description

    Property Specifications: Building Size: 7, 580 sf Lot Size: .64 acres Year Built: 1970 Units: 3 tenants Property Taxes: $31, 043 Parking: 25 stalls Traffic Counts: 35, 500 per day off Highway 55 Zoning: C-3 Highway Commercial

    Listing

    Contingency: None
    City: Plymouth
    County: Hennepin
    State: MN
    Property Style: 1 Story
    Zip Code: 55441
    Subdivision Name: Schiebes Highland View Add

    Interior

    Ceiling Height: 8-10
    Flooring: Carpet, Concrete Slab
    Basement Details: Partially Finished

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 7,580 ft2
    Handicap Accessible: Doors 36"+
    Heating System: Forced Air
    Parking Features:
    • Open
    • Parking Lot
    • Paved Lot
    Road Frontage:
    • City Street
    • Highway
    Exterior Material: Block
    Roof Details:
    • Age Over 8 Years
    • Flat

    Lot & Land

    Acres: 0.64
    Geolocation: 44.987658, -93.41683
    Inclusions: Building, Land, Leases
    Lot Dimensions: 155 x 181
    Zoning: Business/Commercial
    Lot Description: Irregular Lot

    Farm

    Topography: Level

    Schools

    School District: 1280
    District Phone: 7637455000

    Expenses

    Tenant Expenses: All Utilities, Common Area Maintenance, Electricity, Exterior Maintenance, Fuel, Grounds Care, Heat, Insurance, Janitorial Service, Maintenance, Management, Security, Sewer, Snow Removal

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $31,043
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $31,043

    Income

    Annual Gross Income: $204,378

    Rent

    Annual Net Income: $139,592

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    • Professional/Office
    • Retail
    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Common
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Premier Realty Lake Minnetonka.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.