10730 Highway 55, Minneapolis, MN 55441 (MLS# 7043444)
$1,595,000
Minneapolis, MN 55441
MLS# 7043444
1 / 6
Property Description
Property Specifications: Building Size: 7,580 sf Lot Size: .64 acres Year Built: 1970 Units: 3 tenants Property Taxes: $31,043 Parking: 25 stalls Traffic Counts: 35,500 per day off Highway 55 Zoning: C-3 Highway Commercial
Details
Maps
Documents
Contract Information
Status: Active
Current Price: 1595000
Contingency: None
ListPrice: 1595000
List Date: 2026-03-26
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 25
Waterfront Present: No
Year Built: 1970
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 7580
For Sale or Lease: For Sale
Acres: 0.64
Lot Dimensions: 155x181
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 10730
Street Name: Highway 55
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55441
Complex/Dev/Subdivision: Schiebes Highland View Add
Assessments
Tax With Assessments: 31043
Building Information
Building Finished SqFt: 7580
Building SqFt: 7580
Ceiling Height: 8-10
Income and Expenses
Annual Gross Expenses: 64786
Annual Gross Income: 204378
Annual Net Income: 139592
Total Annual Expenses: 64786
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 22
Section#: 36
Township#: 118
Sale Options
Sale Includes: Building, Land, Leases
Unit 1
Unit Number: 10760
Monthly Rent: 5910
Level: Main Level
Unit Total SqFt: 3000
Leased?: Yes
Lease Expiration Date: 2031-02-28
Unit 2
Lease Expiration Date: 2028-02-29
Leased?: Yes
Level: Main Level
Monthly Rent: 40680
Unit Number: 10740
Unit Total SqFt: 2260
Unit 3
Lease Expiration Date: 2030-08-31
Leased?: Yes
Level: Main Level
Monthly Rent: 41760
Unit Number: 10730
Unit Total SqFt: 2320
Unit Details
Total Units: 3
Property Features
Accessible: Doors 36"+
Air Conditioning: Central Air
Assumable Loan: Not Assumable
Basement: Partially Finished
CMU Style: Freestanding; Office; Retail/Shopping Center
Construction Materials: Block
Construction Status: Previously Owned
Current Use: Business Service; Commercial; Office; Professional Service; Retail
Existing Financing: Conventional
Exterior: Block; Brick/Stone; Stucco
Flooring: Carpet; Concrete Slab
Foundation: Brick/Mortar; Slab
Fuel: Electric; Natural Gas
Heating: Forced Air
Internet Options: Cable; Fiber Optic
Loan Terms: Cash; Conventional
Location Description: Free Standing; Strip Center
Lot Description: Irregular Lot
Miscellaneous Information: Display Window; Exterior Lighting; Three Phase
On Site Utilities: Electric Separate; Heating Separate; Hot Water Common
Owner Pays: Roof Maintenance
Parking Characteristics: Parking Lot; Paved Lot; Uncovered/Open
Potential Use: Income; Office; Professional; Restaurant; Retail
Rent Rate per Foot: Net
Road Frontage: City Street; Highway
Roof: Age Over 8 Years; Flat
Sewer: City Sewer/Connected
Stories: One
Tenant Pays: All Utilities; Common Area Maintenance; Electricity; Exterior Maintenance; Fuel; Grounds Care; Heat; Insurance; Janitorial Service; Maintenance/Repair; Management; Security; Sewer; Snow Removal
Topography: Level
Wall Description: Concrete/Block
Water: City Water/Connected
Window Features: Aluminum Frames; Display Window(s)
Offering Memorandum.pdf Listing Office: Keller Williams Premier Realty Lake Minnetonka
Last Updated: May - 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.
Monday 1st of June 2026 01:11 AM
218-998-4400
Mohagen Real Estate
Let's Connect
Mohagen Real Estate
sue@MohagenRealEstate.com
Office: 218-998-4400
Cell: 218-731-7376
Mohagen Real Estate is licensed in the State of Minnesota