For Sale: Spring Park MLS# 7136511
Active
NEW!
$1,185,000
Commercial: 1 Story
6 ba • Built 2005
0.124 acres
Westonka schools
MLS# 7136511
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Property Description
Rare opportunity to own premier commercial space directly across from Lake Minnetonka, offering spectacular lake views and an exceptional setting for businesses seeking a distinctive and highly desirable location. With approximately 5, 398 square feet available, this unique property combines visibility, versatility, and an impressive professional presence in the heart of the Lake Minnetonka area.
Ideally suited for a luxury med spa, law firm, wealth management or financial services office, architectural or design firm, builder, real estate office, boutique retail concept, professional services, or a variety of other commercial uses. The flexible layout allows businesses to create a sophisticated client-facing environment while taking advantage of beautiful Lake Minnetonka views.
The property consists of three individual units, creating tremendous flexibility for an owner-user or investor. Purchase the units individually or acquire all three for a combined approximately 5, 398 square feet. An owner could occupy a portion of the building while leasing the remaining space, or combine the units to create a larger signature headquarters.
Ample on-site parking provides convenience for clients and employees, with the potential to accommodate several indoor parking spaces. Opportunities to own commercial space with this combination of Lake Minnetonka views, flexible configurations, parking, and multiple ownership possibilities are exceptionally difficult to find.
Position your business in a location that makes an impression the moment clients arrive.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,185,000
Property Type:
Commercial
City:
Spring Park
Garage Spaces:
0
County:
Hennepin
Year Built:
2005
State:
MN
Property Style:
1 Story
Zip Code:
55384
Interior
Bedrooms:
0
Bathrooms:
6
Appliances Included:
- Dishwasher
- Refrigerator
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
5,398 ft2
Handicap Accessible:
Doors 36"+, No Stairs Internal
Heating System:
Forced Air
Parking Features:
Underground
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.124
Geolocation:
44.9353658488, -93.6258339526
Inclusions:
Building
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Schools
School District:
277
District Phone:
9524918001
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,600
Annual Fuel Expense:
$2,600
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$19,163
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$19,163
Income
Annual Gross Income:
$97,000
Rent
Annual Net Income:
$80,000
Units
Total Units:
3
Miscellaneous
Current Use:
Commercial
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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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!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
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.