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558-572 Bavaria Ln S - 562 Bavaria Lane S 1,536 SF Office/Medical Condo Unit Offered at $275,000 in Chaska, MN 55318
Investment Highlights
- High visibility
Executive Summary
Excellent location within the growing community of Chaska. Corner Unit, surrounded by large windows for natural sunlight; well maintained with beautiful finishes throughout.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 8 |
| Cap Rate | 8.00% | APN/Parcel ID | 30.4590060 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.00% |
| No. Parking Spaces | 8 |
| APN/Parcel ID | 30.4590060 |
Description
*1536 SF on Main Floor with drive up private and wheelchair accessible entrance.
*6 Private Offices; 5 with large windows for natural sunlight.
*Includes waiting room area, private and wheelchair accessible restroom.
*Kitchenette with built-in cabinets, microwave, sink, and mini-refrigerator.
*Additional storage room which includes condo mechanicals.
*6 Private Offices; 5 with large windows for natural sunlight.
*Includes waiting room area, private and wheelchair accessible restroom.
*Kitchenette with built-in cabinets, microwave, sink, and mini-refrigerator.
*Additional storage room which includes condo mechanicals.
Sale Notes
Excellent investment opportunity. Currently all offices are leased on a month to month basis (with sixty days notice to vacate) generating $2960 in monthly rental income. Operating expenses (not including financing) are approximately $1160 per month. Showings can be scheduled on Saturday afternoons or Sundays by appointment only.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 562 | 1,536 SF | Office/Medical | $275,000 ($179.04/SF) | $22,000 |
Unit 562
| Unit Size |
| 1,536 SF |
| Condo Use |
| Office/Medical |
| Price |
| $275,000 ($179.04/SF) |
| NOI |
| $22,000 |
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Unit 562
| Unit Size | 1,536 SF |
| Condo Use | Office/Medical |
| Price | $275,000 ($179.04/SF) |
| NOI | $22,000 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.00% |
| No. Parking Spaces | 8 |
| APN/Parcel ID | 30.4590060 |
| Description | |
| *1536 SF on Main Floor with drive up private and wheelchair accessible entrance.<br> *6 Private Offices; 5 with large windows for natural sunlight.<br> *Includes waiting room area, private and wheelchair accessible restroom.<br> *Kitchenette with built-in cabinets, microwave, sink, and mini-refrigerator.<br> *Additional storage room which includes condo mechanicals.</li></ul> | |
| Sale Notes | |
| Excellent investment opportunity. Currently all offices are leased on a month to month basis (with sixty days notice to vacate) generating $2960 in monthly rental income. Operating expenses (not including financing) are approximately $1160 per month. Showings can be scheduled on Saturday afternoons or Sundays by appointment only.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,536 SF | Typical Floor Size | 1,536 SF |
| Property Type | Office (Condo) | Year Built | 2006 |
| Building Class | B | Lot Size | 0.30 AC |
| Floors | 1 | Parking Ratio | 5.21/1,000 SF |
| Zoning | Business - North Meadows Office condo, commerical property, non-homesteaded. | ||
| Total Building Size | 1,536 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 1,536 SF |
| Year Built | 2006 |
| Lot Size | 0.30 AC |
| Parking Ratio | 5.21/1,000 SF |
| Zoning | Business - North Meadows Office condo, commerical property, non-homesteaded. |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Bavaria Professional Services, LLC
558-572 Bavaria Ln S - 562 Bavaria Lane S
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