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Chad Pederson

chad@pedersonrealty.com +1(612) 325-8745

$829,900

Est. payment - /mo

1.39 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Auditors Sub 167

MLS Listing ID 7064657

Year Built 1985

Annual Tax Amount $16,406

Tax Year 2025

Contingent None

Lot Size 1.390 Acres

Lot Dimensions Irregular

Property Description

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.

Location

State MN

County Hennepin

Zoning Business/Commercial

Rooms

Basement Finished, Storage Space

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building, Land, Leases

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Parking Lot, Paved Lot

Utilities Available Electric Common, Heating Common, Hot Water Common

Waterfront Description Channel Shore,Lake Front

Present Use Professional/Office,Office,Other,Professional Service,Storage Facility

Road Frontage N

Building

Story Two

Foundation 2098

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Westonka

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Listed by Geoffrey Serdar • Compass

Nearby School & Business

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Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

Featured Communities in Minnesota

2434 Commerce BLVD Mound, MN 55364

Chad Pederson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

Get More Information