For Sale: Minnetonka MLS# 6699022
Active
NEW!
$3,500,000
Commercial: 1 Story
Built 1997
2.37 acres
Hopkins schools
MLS# 6699022
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Property Description
Commercial Investors Group is offering Minnetonka Tech, a 27, 050 sq ft industrial
property located at 5421 Feltl Rd in Minnetonka, MN, priced at $3, 500, 000. Zoned for
industrial use, this dynamic site features 5 office/warehouse suites ranging from
4, 000 to 7, 500 sq ft, each suite has a drive or loading dock and are separately metered.
The property has 2 drive-in doors, 5 loading docks, and 90 parking spaces, ideal for
warehousing, distribution, or manufacturing. Currently in the lease-up phase,
Minnetonka Tech includes 1 unit leased long-term, delivering immediate income with
room for expansion. Perfectly situated near Highway 169, Bren Rd, and Highway 62,
this property offers superior connectivity in a bustling commercial area. Secure this
flexible, income-generating industrial asset today or purchase the building for further
customization as a owner user with built in revenue.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$3,500,000
Property Type:
Commercial
City:
Minnetonka
Garage Spaces:
2
County:
Hennepin
Year Built:
1997
State:
MN
Property Style:
1 Story
Zip Code:
55343
Subdivision Name:
Opus 2 09th Add
Interior
Ceiling Height:
11-15
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
10x10
Garage Door Height:
10
Garage Door Width:
10
Other Parking Spaces:
86
Air Conditioning:
Central Air
Foundation Size:
27,050 ft2
Handicap Accessible:
Doors 36"+
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Parking Lot
Unit Amenities:
Ethernet Wired
Exterior Material:
Brick/Stone
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
2.37
Geolocation:
44.904855, -93.419895
Inclusions:
Building, Land
Lot Dimensions:
237 x 237
Zoning:
Other
Lot Description:
Irregular Lot
Schools
School District:
270
District Phone:
952-988-4000
Expenses
Annual Electric Expense:
$5,748
Annual Fuel Expense:
$6,085
Annual Insurance Expense:
$11,274
Annual Gross Expense:
$176,963
Annual Trash Expense:
$4,157
Annual Water/Sewer Expense:
$2,466
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$86,594
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$86,594
Income
Annual Gross Income:
$434,880
Units
Total Units:
5
Miscellaneous
Current Use:
- Commercial
- Industrial
- Office
- Warehouse
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Separate
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Commercial Investors Group LLC.
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.