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Wayzata Home Center 1250 E Wayzata Blvd 60,000 SF 90% Leased Retail Building Wayzata, MN 55391 For Sale
Investment Highlights
- Located 1/2 mile from Lake Minnetonka on a main throughway.
- Property is located near local and nation retailers.
Executive Summary
Contact Broker for pricing information.
3 STORY - POSSIBLE 5 STORY - REDEVELOPMENT CONSIDERATION
• Possible Apartment Estimate: 30 to a possible 50 units with a PUD
• Total SF: 74,150 SF
• Total Finished Apartment SF: 46,300 SF
• Total Finished Retail SF: 10,000 SF
• Garage SF: 17,850 SF
Estimated Parking Requirements
• Total Possible Parking Required: 67+
o 2 Stalls/Unit
o 3 Stalls/1,000 SF Retail
• Total Possible Parking Estimated:
o Garage: 40
o Surface: 03
o Retail Surface: 23
3 STORY - POSSIBLE 5 STORY - REDEVELOPMENT CONSIDERATION
• Possible Apartment Estimate: 30 to a possible 50 units with a PUD
• Total SF: 74,150 SF
• Total Finished Apartment SF: 46,300 SF
• Total Finished Retail SF: 10,000 SF
• Garage SF: 17,850 SF
Estimated Parking Requirements
• Total Possible Parking Required: 67+
o 2 Stalls/Unit
o 3 Stalls/1,000 SF Retail
• Total Possible Parking Estimated:
o Garage: 40
o Surface: 03
o Retail Surface: 23
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
60,000 SF
Building Class
C
Year Built
1958
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.11
Lot Size
1.24 AC
Zoning
C3 - Service District (Mixed Use, Commercial/Residential)
Parking
47 Spaces (0.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-117-22-32-0036 | Improvements Assessment | $629,000 |
| Land Assessment | $2,146,000 | Total Assessment | $2,775,000 |
Property Taxes
Parcel Number
05-117-22-32-0036
Land Assessment
$2,146,000
Improvements Assessment
$629,000
Total Assessment
$2,775,000
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Wayzata Home Center | 1250 E Wayzata Blvd
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