, Prior Lake, MN 55372 (MLS# 7007892)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 18
Owner Occupied: No
Waterfront YN: 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
Garage Stalls: 0

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

Contract Information

Contingency: None
ListPrice: 1900000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

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

More Information

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

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: SUBDIVISIONNAME JAMES 1ST ADDN LOT 003 BLOCK 001 SUBDIVISIONCD 25194
Listing City: Prior Lake
Map Page: 161
Municipality: Prior Lake
School District: Prior Lake-Savage Area Schools
School District Phone: 952-226-0000
Zip Plus 4: 210
Property ID Number: 251940030
Tax Year: 2025
Tax Amount: 29752
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Directions: Cty Rd 13 & 42

Accessible

No Stairs External: Yes
No Stairs Internal: Yes
Partially Wheelchair: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Security Lights: Yes

Construction Materials

Concrete: Yes

Construction Status

Previously Owned: Yes

Exterior

Block: Yes

Flooring

Carpet: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lot Description

Public Transit (w/in 6 blks): Yes

Parking Characteristics

Parking Lot: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

Tenant Pays

Common Area Maintenance: Yes
Taxes: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Separate: Yes

CMU Style

Business Opportunity: Yes
Office: Yes
Retail/Shopping Center: Yes

Current Use

Office: Yes
Other: Yes