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3550 Lexington Avenue N

Shoreview, MN 55126
  • $2,500,000
  • STATUS: Active
  • ON SITE: 974 Days
  • ID#: 6147378
UPDATED: 63 min ago
$2,500,000
  • 0
    BEDS
  • 2.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 28,155
    SQFT
  • $89
    $/SQFT
Type:
Commercial
Built:
1979
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Monoceros Real Estate.

Description

Great opportunity to acquire a well-maintained commercial office building in prime Shoreview! Highly visible location just off Lexington Ave., with close proximity to highly populated residential areas, retail, and easy access to freeways. Plenty of parking with a private freshly re-paved parking lot, freshly updated lobby, brand new elevator, and so much more. This attractive building features over 28,000 square ft. currently 100% occupied with a mix of long and short term tenants. Lots of new capital improvements in the past 24 months. Great Cash Flow.

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IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Realty Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Realty Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-10-03T21:24:32.25.

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3550 Lexington Avenue N Shoreview, MN 55126

  • Price: $2,500,000
  • Status: Active
  • On Site: 974 Days
  • Updated: 63 min ago
  • ID#: 6147378
0
Beds
0
Baths
0
½ Baths
2.19
Acres
28,155
SQFT
$89
$/SQFT
1979
Built
Neighborhood:
Section 35 Town 30 Range 23
County:
Ramsey
School District:
621 - Mounds View
Property Description
Great opportunity to acquire a well-maintained commercial office building in prime Shoreview! Highly visible location just off Lexington Ave., with close proximity to highly populated residential areas, retail, and easy access to freeways. Plenty of parking with a private freshly re-paved parking lot, freshly updated lobby, brand new elevator, and so much more. This attractive building features over 28,000 square ft. currently 100% occupied with a mix of long and short term tenants. Lots of new capital improvements in the past 24 months. Great Cash Flow.
Exterior Features

Construction Materials Brick/Stone Foundation Area 9385 Levels Three Or More Lot Size Dimensions 0 Parking Features Paved Parking Open 130 Road Frontage Type City Street

Interior Features

Heating Other

Property Features

Accessibility Features Accessible Elevator Installed Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use Office Expenses 146200.0000 Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Gross Income 331200 Inclusions BuildingLandLeases Insurance Expense 7000 Internet Options CableFiber Optic Land Lease Amount 0 Land Lease YN No Lender Owned No Net Operating Income 185000 Postal City Shoreview Potential Short Sale No Property Sub Type Office Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 52408 Tax With Assessments 52408.0000 Tax Year 2023 Tenant Pays Other Utilities None Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Monoceros Real Estate: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Realty Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Realty Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-10-03T21:24:32.25.

Click here for Digital Millennium Copyright Act
 
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Keller Williams Realty Integrity Lakes
7401 Metro Blvd #350
Edina MN, 55439
NorthstarMLS] logo Listing courtesy of Monoceros Real Estate.