4071 Sunset Dr - Office FOR SALE


Spring Park, MN 55384
$799,000 USD
612-242-8820
4071 Sunset Dr, Spring Park, MN for Sale
$799,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

4071 Sunset Dr
Spring Park, MN 55384


OVERVIEW

The property is a single-tenant office property currently owner-occupied by the Lake Minnetonka Communications Commission. Constructed in 1920 and renovated in 1999; one level above grade with a partial second level and a partial basement that is excluded from the gross building area. Gross building area is estimated at about 5,737 square feet. Renovated to office use in 1999 by the current owner. Located across the street from the shore of the West Arm of Lake Minnetonka, it's ideal for an owner/user. The site is on the corner of Sunset Drive and Northern Avenue, directly off the Dakota Regional Trail. Offers amazing views of the lake, a drive-in garage, and potential for conversion of the upstairs to an apartment or storage. The site is close to the Mound downtown area, with grocery stores, coffee shops, the Post Office, and other amenities.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C-1

APN/PARCEL ID

17-117-23-33-0082

ASK ABOUT THIS PROPERTY

Michael DoyleKenwood CommercialMore Info
612-242-8820

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Michael DoyleKenwood CommercialMore Info
612-242-8820

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