1 Premier Drive, Long Lake, MN 55356 (MLS# 6820365)
$3,200,000
Long Lake, MN 55356
MLS# 6820365
1 / 6
Property Description
Building Size: 8,738 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Space Available: 5,886 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Acres: 1.39 Acres Percent Leased: 10.63% Annual Gross Rental Income: $51,451.76 per year Year Built: 1984 original building, 1996 Addition Parking: 77 off-street parking stalls Zoning: I-1 Industrial Clear Height: 12 ft. in manufacturing/tech areas, 20 ft. in warehouse area Loading: 4 drive-in doors Power: Heavy 3-phase Roof & HVAC: New rubber membrane roof in 2019; 9 new rooftop HVAC units in 2019; Warehouse is fully heated and air-conditioned Fire Suppression: Wet, fully sprinkled
Details
Maps
Contract Information
Status: Active
Current Price: 3200000
Contingency: None
ListPrice: 3200000
List Date: 2025-11-20
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 77
Waterfront Present: No
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Industrial
Foundation Size: 19413
For Sale or Lease: For Sale
Acres: 1.39
Lot Dimensions: 204x309
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 1
Street Name: Premier
Street Suffix: Drive
Postal City: Long Lake
County: Hennepin
State: MN
Zip Code: 55356
Complex/Dev/Subdivision: Shaughnessy Circle
Assessments
Tax With Assessments: 51451.76
Building Information
Building Finished SqFt: 26820
Building SqFt: 26820
Ceiling Height: Varied Heights
Income and Expenses
Annual Gross Income: 56201.3
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 34
Township#: 118
Sale Options
Sale Includes: Building, Land, Leases
Unit Details
Total Units: 3
Property Features
Accessible: Doors 36"+; Hallways 42"+
Air Conditioning: Zoned
Amenities Shared: Fire Sprinkler System
Assumable Loan: Yes w/ Qualifying
CMU Style: Freestanding; Industrial; Warehouse
Construction Materials: Block
Construction Status: Previously Owned
Current Use: Commercial; Industrial; Manufacturing; Warehouse
Existing Financing: Other
Exterior: Block
Flooring: Carpet
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air; Radiant; Zoned
Internet Options: Cable; Fiber Optic; Satellite
Loan Terms: Assumable; Cash; Conventional; Other
Location Description: Industrial Park
Lot Description: Corner Lot
Miscellaneous Information: Building Sign; Delivery Door; Exterior Lighting; Overhead Doors; Three Phase
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Owner Pays: Electricity; Gas; Heat; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics: Parking Lot; Paved Lot; Uncovered/Open
Potential Use: Income; Industrial; Warehouse
Rent Rate per Foot: Gross
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Flat; Rubber
Sewer: City Sewer/Connected
Tenant Pays: Telephone
Topography: Level
Wall Description: Concrete/Block
Water: City Water/Connected
Listing Office: Keller Williams Premier Realty Lake Minnetonka
Last Updated: January - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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