For Sale: Champlin MLS# 6416855
Active
$500,000
Commercial: 2 Stories
Built 1949
0.92 acres
Anoka-Hennepin schools
MLS# 6416855
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Mixed use property for sale, great potential with three scenarios.
Scenario 1 - buyer lives in the home and uses the garages for their shop or business. Buyer would then run a business out of the large 1080 sq ft garage space, like a car repair shop or landscaping, construction, or small industrial. This way the buyer will only need to buy one property instead of two to run their business.
Scenario 2 - Buyer runs a small business out of the home like real estate or insurance agency and rents out the garage and back of lot for extra $1200-1600 per month.
Scenario 3 - buyer wants to level all building and put up a commercial building like a storage unit, retail shop, car repair or fast food, etc. It's zoned for Commercial General Business C-2 by City of Champlin.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$500,000
Property Type:
Commercial
City:
Champlin
Garage Spaces:
4
County:
Hennepin
Year Built:
1949
State:
MN
Property Style:
2 Stories
Zip Code:
55316
Interior
Ceiling Height:
Less Than 8 Feet
Appliances Included:
- Dryer
- Range
- Refrigerator
- Washer
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
4
Garage Dimensions:
40x24
Garage Size:
1,080 ft2
Garage Door Height:
8
Garage Door Width:
9
Other Parking Spaces:
4
Air Conditioning:
Window Unit(s)
Foundation Size:
650 ft2
Foundation Dimensions:
26x25
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
- Detached
- Garage Door Opener
- Gravel
- Gravel
- Multiple Garages
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.92
Geolocation:
45.177199, -93.390732
Inclusions:
Building, Land
Lot Dimensions:
388 x 103
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
11
District Phone:
763-506-1000
Expenses
Annual Electric Expense:
None
Annual Fuel Expense:
None
Tenant Expenses:
All Utilities, Cable TV, Electricity, Grounds Care, Repairs, Trash Collection
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$2,794
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,794
Income
Annual Gross Income:
$2,300
Units
Total Units:
3
Miscellaneous
Current Use:
- Commercial
- Professional Service
- Residential
- Storage Facility
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
Heating Common
Water System:
City Water - In Street
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.