Highlights Perfect Small Owner User Office Building Huge Visibility with 15,800 VPD on Minnetonka Blvd 2nd Floor Available & Short Term Leases in Place on First Floor Huge Half Acre Lot with 19 Parking Stalls Tremendous Value Add Opportunity for Investor Huge Price Reduction for Quick Sale Description SALE: $379,000 or LEASE: $15.00-$17.00/SF GROSS
New office sale offering in Historic Minnetonka Mills! Building is situated on Minnetonka Blvd visible to 15,800 VPD. Existing tenants are on month-month leases, making this a unique opportunity for an owner user to occupy half of the building with income, or the entire building.
Motivated ownership has reduced the offering price from $425,000 to $379,000. Over $80,000 in capital improvements have been performed since 2005.
Contact brokers for additional information.
4,376 SF Split Level Office Building on .51 Acre Lot Currently Multi-Tenanted into Four Office Suites New Roof Installed in 2005 with 20 Year Warranty $25,000 in Tenant Improvements in Suites 101 & 201 New Windows Throughout & Common Area Updates (2008) Natural Gas, Hot Water (Baseboard) Heat, 4 Zones Nineteen (19) Parking Spaces Patched & Seal Coated (2007) 2014 Property Tax: $16,221 (Assessed Value $429,000) Current Owners Paid $490,000 in 2009 Strong Visibility & Easy Access Excellent Owner User Opportunity
12401 Minnetonka Blvd, Minnetonka. - Parking description: 19 Surface Spaces - Class of space: Class C
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Minnetonka - Hopkins
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