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Active
$5,700,000
/mo Edit
Commercial:  Industrial,Office,Retail,Warehouse
Built 1978
4.43 acres
Wayzata schools
MLS# 6572721
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    Property Description

    First time available. Prime Plymouth location on 494 small bay office warehouse 55, 800 SQ FT on 4 1/2 acres, two buildings. Appx 1/2 office 1/2 warehouse 138 parking spots. 16 10x12 garage doors. Two larger ones. Double row parking. Most Bays are 30x100. Long standing tenants. Nice cash flow. Some space opening this fall. Two big signs on the 494 freeway . By appt only.

    Listing

    Contingency: None
    City: Plymouth
    County: Hennepin
    State: MN
    Property Style: Industrial, Office, Retail, Warehouse
    Zip Code: 55447

    Interior

    Ceiling Height: 11-15
    Basement Details: Slab

    Exterior

    Garage Spaces: 16
    Garage Door Height: 12
    Garage Door Width: 10
    Other Parking Spaces: 138
    Air Conditioning: Central Air, Zoned
    Foundation Size: 55,864 ft2
    Foundation Dimensions: 120x220
    Handicap Accessible: Other
    Heating System:
    • Forced Air
    • Space Heater
    • Zoned
    Parking Features:
    • Asphalt
    • Attached Garage
    • Guest Parking
    • Multiple Garages
    • Open
    Exterior Material: Stucco
    Roof Details:
    • Age Over 8 Years
    • Composition
    • Flat
    • Rubber

    Lot & Land

    Acres: 4.43
    Geolocation: 45.004754, -93.458426
    Inclusions: Building
    Lot Dimensions: 310 x 650
    Zoning: Industrial

    Schools

    School District: 284
    District Phone: 763-745-5000

    Expenses

    Annual Insurance Expense: $22,500
    Annual Gross Expense: $298,000

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $124,506
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $124,506

    Income

    Annual Gross Income: $584,640

    Rent

    Annual Net Income: $286,640

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Industrial
    • Manufacturing
    • Warehouse
    • Wholesale
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    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.