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Presented By: Monoceros Real Estate
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.
Presented By: Monoceros Real Estate
Basement (Y/N)No
FuelNatural Gas
AccessibilityAccessible Elevator Installed
Additional Parcels Y/NNo
CityShoreview
Construction MaterialsBrick/Stone
ContingencyNone
CountyRamsey
Current UseOffice
DirectionsShoreview Ave N. Pull into parking lot.
Garage Spaces
Gross Income331200
HeatingOther
High School DistrictMounds View
Insurance Expense7000
Land Lease Amount
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
Net Operating Income185000
NumberOfUnitsTotal28
PostalCityShoreview
Property SubTypeOffice
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameSection 35 Town 30 Range 23
Tax Annual Amount52408
Tax Year2023
Tenant PaysOther
UtilitiesNone
Year Built1979
Zoning DescriptionBusiness/Commercial
Building Area Total28155
Foundation Area9385
InclusionsBuilding, Land, Leases
Lot Dimensions
Lot Size Area2.19
Parking FeaturesPaved
Road Frontage TypeCity Street
Water SourceCity Water/Connected
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