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4071 Sunset Dr 5,737 SF Office Building Spring Park, MN 55384 $799,000 ($139.27/SF)

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EXECUTIVE SUMMARY

The property is a single-tenant office property currently owner-occupied by the Lake Minnetonka Communications Commission. Constructed in 1920 and renovated in 1999; one level above grade with a partial second level and a partial basement that is excluded from the gross building area. Gross building area is estimated at about 5,737 square feet. Renovated to office use in 1999 by the current owner.
Located across the street from the shore of the West Arm of Lake Minnetonka, it's ideal for an owner/user. The site is on the corner of Sunset Drive and Northern Avenue, directly off the Dakota Regional Trail. Offers amazing views of the lake, a drive-in garage, and potential for conversion of the upstairs to an apartment or storage. The site is close to the Mound downtown area, with grocery stores, coffee shops, the Post Office, and other amenities.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Office
Building Size
5,737 SF
Building Class
C
Year Built
1920
Price
$799,000
Price Per SF
$139.27
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,737 SF
Slab To Slab
12’
Building FAR
0.55
Lot Size
0.24 AC
Zoning
C-1 - General Commercial District
Parking
11 Spaces (1.92 Spaces per 1,000 SF Leased)
  • Listing ID: 31405448

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: 4071 Sunset Dr, Spring Park, MN 55384

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