Property Description Investment property with long term tenants (Hot-Tubs/Pools 24 years and Karate School 42 years). Includes a Vacant 3,000 Sq. Ft. steel and block unheated garage. Great place for Investor to keep toys. Also, vacant is an 1500 Sq. Ft. office (or studio apartment) on 2nd floor. Great demographic neighborhood between Hopkins and Glen Lake. Current leases are 3 to 5 years. Nice curb appeal with brick and granite facade.
Details
Maps
Contract Information
Status: Pending
Off Market Date: 2026-01-15
Current Price: 1595000
Contingency: None
ListPrice: 1595000
List Date: 2024-10-18
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1962
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 14736
Garage Stalls: 8
For Sale or Lease: For Sale
Acres: 1.03
Lot Dimensions: 4487
Assessment Pending: No
Location Tax and Other Information
House Number: 13110
Street Name: Excelsior
Street Suffix: Boulevard
Postal City: Hopkins
County: Hennepin
State: MN
Zip Code: 55343
Assessments
Tax With Assessments: 38967
Building Information
Building Finished SqFt: 12736
Building SqFt: 15736
Ceiling Height: 16-20
Income and Expenses
Annual Gross Expenses: 63000
Annual Gross Income: 168000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 60x40
Garage Door Height: 10
Garage Square Feet: 3000
Public Survey Info
Range#: 22
Section#: 27
Township#: 117
Sale Options
Sale Includes: Building, Fixture/Equipment, Land, Leases
Unit Details
Total Units: 3
Property Features
Accessible: Doors 36"+; Grab Bars In Bathroom; Partially Wheelchair
Assumable Loan: Not Assumable
Basement: None
CMU Style: Retail/Shopping Center; Warehouse
Construction Status: Previously Owned
Current Use: Commercial; Office; Retail; Storage Facility; Warehouse
Exterior: Block; Brick Veneer; Metal
Foundation: None
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional; Trade
Lock Box Type: None
On Site Utilities: Heating Separate
Parking Characteristics: Paved Lot
Road Frontage: County Road; Paved Streets; Street Lights