For Sale: Minnetonka MLS# 6702023
Active
NEW!
$1,395,000
Commercial: Retail/Shopping Center
Built 1965
0.53 acres
Hopkins schools
MLS# 6702023
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Property Description
Rarely available income producing property in the heart of Minnetonka! Step into cash flow from day 1. Well located, high visibility retail center with long standing tenants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,395,000
Property Type:
Commercial
City:
Minnetonka
Garage Spaces:
24
County:
Hennepin
Year Built:
1965
State:
MN
Property Style:
Retail/Shopping Center
Zip Code:
55345
Exterior
Garage Spaces:
24
Other Parking Spaces:
20
Foundation Size:
6,000 ft2
Handicap Accessible:
None
Heating System:
Other
Parking Features:
Parking Lot
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.53
Geolocation:
44.90424, -93.466623
Inclusions:
Building, Leases
Lot Dimensions:
0 x
Zoning:
Business/Commercial
Schools
School District:
270
District Phone:
952-988-4000
Expenses
Annual Gross Expense:
$40,405
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$22,505
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$22,505
Income
Annual Gross Income:
$144,000
Rent
Annual Net Income:
$103,595
Units
Total Units:
2
Miscellaneous
Current Use:
- Professional Service
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Gold Group Realty, 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.