2434 Commerce Blvd - Office FOR SALE


$829,900 USD
952-270-3377
2434 Commerce Blvd, Mound, MN for Sale
$829,900 USD
Office - FOR SALE
1/54
null | Request Cap Rate


HIGHLIGHTS

  • Well-maintained multi-tenant office building with residential-style architecture
  • Two-story building featuring modern vinyl siding, pitched roofs, and updated windows
  • Located in a quiet commercial corridor with nearby residential neighborhoods
  • Convenient access to local amenities and the greater Lake Minnetonka area

OVERVIEW

Exceptional opportunity to acquire a well-maintained multi-tenant commercial building in the heart of Mound. This 12-unit office property offers strong in-place income with no current vacancies, making it an ideal investment for both seasoned investors and owner-operators. The property features approximately 4,800+ finished square feet across multiple levels, with a flexible layout that accommodates a variety of professional office uses. Situated on a high-visibility corridor just off Commerce Boulevard, the location provides convenient access for tenants and clients alike, with ample on-site parking and proximity to Lake Minnetonka communities. Additional upside potential exists through future rent optimization and possible leasing of storage areas in the basement.

FOR SALE DETAILS

PRICE

$829,900 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

B1

APN/PARCEL ID

23-117-24-11-0001

ASK ABOUT THIS PROPERTY

Geoffrey SerdarLakes Sotheby’s International RealtyMore Info
952-270-3377

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Geoffrey SerdarLakes Sotheby’s International RealtyMore Info
952-270-3377

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