4215 Fairview Ave - Churches FOR SALE


Minnetonka, MN 55343- East Minnetonka
$4,890,000 USD
612-961-4010
4215 Fairview Ave, Minnetonka, MN for Sale
$4,890,000 USD
Churches - FOR SALE
1/27
null | Request Cap Rate

Dec '25


4215 Fairview Ave
Minnetonka, MN 55343
East Minnetonka


HIGHLIGHTS

  • 500 +/- person seating capacity in Sanctuary, and seating for 130 in commons area opening to the sanctuary, Large social hall with capacity for 300
  • New addition, sanctuary Social Hall, Kitchen, and original building completely remodeled, updated in 2023
  • Offices, Lift/Elevator service accessing both levels, Commons area, Handicap Entrance, Coffee Bar,113 parking spaces, licensed for 75 Daycare

OVERVIEW

The subject property consists of a two-level church building (main level and lower level) on approximately 89,914 square feet of land. The gross building area of the existing church is approximately 19,342 square feet and the gross building area of the newly constructed addition is approximately 1,450 square feet, for a total of 20,792 square feet. The existing improvements were constructed in 1955 according to Hennepin County and the new addition and remodeling at a cost near $900,000 completed in 1923 . Key features this church offers and what most churches are searching for. This church checks most or all the boxes generally sought after: *500 +/- person seating capacity in Sanctuary, and seating for 130 in commons area opening to the sanctuary, *Large social hall with capacity for 300, *Classrooms, *Offices, *Lift/Elevator service to main and lower level, *Commons area, *Handicap Entrance, *113 +/- on-site paved parking spaces, *Large sanctuary that on special occasions has held over 550 according to the pastor, *Large sanctuary and original building completely remodeled, updated in 2023 with modern sound equipment, streaming ability, projection screen, new carpet, and chairs, *Upgraded HVAC with remote temperature control for heating and cooling the sanctuary. *Total building area approximately 20,792 +/- sq. ft. (Buyer to verify). 2.06 acres. Monument signage present. Zoning is Religious. Great location with easy access from US Highway 7, I-494, and Hwy 169.Great street exposure and curb appeal. parking accessibility off of Lake Street Extension and Fairview Ave. The structure is in extremely EXCELLENT condition and well kept, showing like new through out. Great possibilities for a first-time or expanding religious entity.

FOR SALE DETAILS

PRICE

$4,890,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.11 AC

LAND SF

91,912 SF

ZONING

R-1 Residential

APN/PARCEL ID

23-117-22-31-0003

ASK ABOUT THIS PROPERTY

Lee RacineKeller Williams RealtyMore Info
612-961-4010

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Lee RacineKeller Williams RealtyMore Info
612-961-4010

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