Home › 14162 Commerce Avenue NE, Prior Lake, MN 55372 (MLS# 7007892)

14162 Commerce Avenue NE, Prior Lake, MN 55372 (MLS# 7007892)

$1,900,000
14162 Commerce Avenue NE
Prior Lake, MN 55372
MLS# 7007892

14162 Commerce Avenue NE, Prior Lake, MN 55372
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14162 Commerce Avenue NE, Prior Lake, MN 55372 14162 Commerce Avenue NE, Prior Lake, MN 55372 14162 Commerce Avenue NE, Prior Lake, MN 55372 14162 Commerce Avenue NE, Prior Lake, MN 55372 14162 Commerce Avenue NE, Prior Lake, MN 55372
Details
Maps
Documents
Contract Information
Status: Active
Current Price: 1900000
Contingency: None
ListPrice: 1900000
List Date: 2026-01-12
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 18
Owner Occupied: No
Waterfront Present: No
Year Built: 1997
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 9340
For Sale or Lease: For Sale
Acres: 0.82
Lot Dimensions: 170x211
Assessment Pending: No
Location Tax and Other Information
House Number: 14162
Street Name: Commerce
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Prior Lake
County: Scott
State: MN
Zip Code: 55372
Complex/Dev/Subdivision: James 1st Add
Assessments
Assessment Balance: 29752
Tax With Assessments: 2975
Building Information
Building Finished SqFt: 9340
Building SqFt: 9340
Ceiling Height: 8-10
Income and Expenses
Annual Gross Expenses: 50000
Annual Gross Income: 141100
Annual Net Income: 90110
Total Annual Expenses: 50000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building
Unit 1
Unit Number: 100-200
Level: Main Level
Unit Total SqFt: 3120
Lease Expiration Date: 2026-10-31
Unit 2
Lease Expiration Date: 2029-09-30
Level: Main Level
Unit Number: 300
Unit Total SqFt: 1550
Unit 3
Lease Expiration Date: 2027-07-31
Level: Main Level
Unit Number: 400
Unit Total SqFt: 1569
Unit 4
Level: Main Level
Unit Number: 500
Unit Total SqFt: 1268
Unit 5
Lease Expiration Date: 2025-12-31
Level: Main Level
Unit Number: 600
Unit Total SqFt: 1891
Unit Details
Total Units: 6
Property Features
Accessible: No Stairs External; No Stairs Internal; Partially Wheelchair
Air Conditioning: Central Air
Amenities Unit: Security Lights
CMU Style: Business Opportunity; Office; Retail/Shopping Center
Construction Materials: Concrete
Construction Status: Previously Owned
Current Use: Office; Other
Exterior: Block
Flooring: Carpet
Foundation: Slab
Fuel: Natural Gas
Heating: Forced Air
Lot Description: Public Transit (w/in 6 blks)
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Parking Lot
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Sewer: City Sewer/Connected
Tenant Pays: Common Area Maintenance; Taxes
Water: City Water/Connected

Listing Office: RE/MAX Advantage Plus

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.

Thursday 28th of May 2026 09:49 PM

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