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$829,900

0 Beds 0 Baths 4,833 SQFT 1.39 Acres
Type: Commercial

2434 Commerce Boulevard
Mound, MN 55364

MLS#: 7064657
Lori Farmer
Lori Farmer
The Real Estate Advantage
Phone: 612.723.7498
Office: 952.898.5800
Presented by: Compass

Property Description

 

Exceptional opportunity to acquire a well-maintained multi-tenant commercial building in the heart of Mound. This 12-unit office property offers strong in-place income with no current vacancies, making it an ideal investment for both seasoned investors and owner-operators. The property features approximately 4,800+ finished square feet across multiple levels, with a flexible layout that accommodates a variety of professional office uses. Situated on a high-visibility corridor just off Commerce Boulevard, the location provides convenient access for tenants and clients alike, with ample on-site parking and proximity to Lake Minnetonka communities. Additional upside potential exists through future rent optimization and possible leasing of storage areas in the basement.


 

Interior Features

Other Interior Features

BasementFinished, Storage Space
Basement (Y/N)Yes
FuelNatural Gas

General

AccessibilityDoors 36 +, No Stairs External
Additional Parcels Y/NNo
AppliancesDishwasher, Refrigerator
CityMound
ContingencyNone
CoolingCentral Air
CountyHennepin
Current UseProfessional/Office, Office, Other, Professional Service, Storage Facility
DirectionsOn Commerce Blvd, South of Shoreline Drive
Electric Expense2400
Fuel Expense3000
Garage Spaces0
Gross Income89800
HeatingForced Air
High School DistrictWestonka
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense5100
New ConstructionNo
Number Of Units Total12
OwnerPaysAll Utilities
Possible UseOffice, Other, Professional Service, Retail
PostalCityMound
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameAuditors Sub 167
Tax Annual Amount$16,406
Tax Year2025
Trash Expense2400
UtilitiesElectric Common, Heating Common, Hot Water Common
Water Sewer Expense2000
Waterfront FeaturesChannel Shore, Lake Front
Year Built1985
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total4,833 sqft
Foundation Area2,098 sqft
InclusionsBuilding, Land, Leases
Lot DimensionsIrregular
Lot Size Area1 sqft
Parking FeaturesParking Lot, Paved Lot
Water SourceCity Water/Connected
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$829,900

0 Beds 0 Baths 4,833 SQFT 1.39 Acres
Type: Commercial

2434 Commerce Boulevard
Mound, MN 55364

MLS#: 7064657
Lori Farmer
Lori Farmer
The Real Estate Advantage
Phone: 612.723.7498
Office: 952.898.5800