14162 Commerce Ave NE - Office/Residential FOR SALE


Prior Lake, MN 55372
$2,200,000 USD
612-269-8914
14162 Commerce Ave NE, Prior Lake, MN for Sale
$2,200,000 USD
Office/Residential - FOR SALE
1/7
null | 4.5% Cap Rate

14162 Commerce Ave NE
Prior Lake, MN 55372


HIGHLIGHTS

  • Corner of two county roads

OVERVIEW

Great investment opportunity to own commercial / retail office space on Corner of County Roads 13 and 42. Currently, 80% rented with 5 total units. 2 other buildings also available in a 3 building package ($327,000 annual rent and approx. 3 acres). Approixmately, 50,000 cars per day go by

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northlake Center III

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,603 SF

ZONING

B-1

APN/PARCEL ID

25-194-003-0

ASK ABOUT THIS PROPERTY

Lee BernickRE/MAX Advantage PlusMore Info
612-269-8914

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Lee BernickRE/MAX Advantage PlusMore Info
612-269-8914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.