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7800 Medicine Lake Rd 2,250 SF Retail Building Golden Valley, MN 55427 $850,000 ($377.78/SF)
Investment Highlights
- heavy traffic
- corner visibility
Executive Summary
Buyer to verify all measurements and information. Impressive full service gas station in a great location with high volume traffic. Full service auto repair and gas station includes: 4 gasoline dispensers with 8 positions under canopies, 3 service bays with newer 10 ft doors, 3 lifts, 1 compressor, 3 underground gas tanks, and 400 amp electric service. There is parking for 12 vehicles including one handicap spot. Seller is also leaving walk-in coolers, walk in freezers, cabinetry and counters. Buyer can purchase food and drink inventory at cost. See supplement for more information.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,250 SF
Building Class
C
Year Built
1959
Price
$850,000
Price Per SF
$377.78
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.36 AC
Zoning
Commercial
Parking
12 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
114’ on Medicine Lake Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 20-118-21-33-0093 | Total Assessment | $416,000 (2024) |
| Land Assessment | $158,000 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $258,000 (2024) | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
20-118-21-33-0093
Land Assessment
$158,000 (2024)
Improvements Assessment
$258,000 (2024)
Total Assessment
$416,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
1 of 3
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Photos
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Street
Map
Presented by
Twin Oaks Realty
7800 Medicine Lake Rd
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