Wayzata, MN 55391

$1,700,000
Property Type: Commercial Square Footage: 5,190 Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $1,700,000 List Date: 4/08/2023 Last Modified: 8/06/2025

Overview

Description

Fully leased through 4.30.2027. Highly sought after freestanding office building, with prime corner location at Wayzata Blvd and Broadway just two blocks North of Lake Street and the waters edge of Lake Minnetonka.5,190 SF brick two story with 3,460 above ground was custom built with a nice combination of private offices, open spaces, off street parking and professional landscaping. Located 12 miles West of downtown Minneapolis, Wayzata is a vibrant business community with tremendous growth including new restaurants, shops, the Landing Hotel & the Panoway on Wayzata Bay. Appts thru T-F 10-5pm

Listing Details MLS# 6337085

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
8
Owner Occupied
No
Year Built
2005
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1730
For Sale or Lease
For Sale
Acres
0.15
Lot Dimensions
48x132
Garage Stalls
0

Property Features

Accessible: Doors 36"+; Wheelchair Ramp Air Conditioning: Central Air CMU Style: Office Construction Status: Previously Owned Current Use: Office; Professional Service Exterior: Brick/Stone Financing Terms: Other Foundation: Concrete Block Fuel: Electric Heating: Forced Air Loan Terms: Cash; Conventional On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Uncovered/Open Potential Use: Office Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Off Market Date
2025-05-08
Closed Date
2025-05-23
Sales Close Price
1700000
Contingency
None
ListPrice
1950000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Wayzata Rev

Assessments

Tax With Assessments
35953
Assessment Balance
0

Building Information

Building Finished SqFt
5190
Building SqFt
5190

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
06
Township#
117

Sale Options

Sale Includes
Building, Land

Unit Details

Total Units
Yes

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

Legal Description
LOT 001 BLOCK 011 WAYZATA REVISED EX HWY
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
Rental License?
No
School District
Wayzata
School District Phone
763-745-5000
Zip Plus 4
4440
Property ID Number
0611722130037
Tax Year
2023
Tax Amount
35953
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Fully leased through 4.30.2027. Highly sought after freestanding office building, with prime corner location at Wayzata Blvd and Broadway just two blocks North of Lake Street and the waters edge of Lake Minnetonka.5,190 SF brick two story with 3,460 above ground was custom built with a nice combination of private offices, open spaces, off street parking and professional landscaping. Located 12 miles West of downtown Minneapolis, Wayzata is a vibrant business community with tremendous growth including new restaurants, shops, the Landing Hotel & the Panoway on Wayzata Bay. Appts thru T-F 10-5pm
Directions
Wayzata Blvd West of Cty Rd 101 to the corner of Broadway & Wayzata Blvd

Accessible

Doors 36"+
Yes
Wheelchair Ramp
Yes

Air Conditioning

Central Air
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Financing Terms

Other
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes

Heating

Forced Air
Yes

Parking Characteristics

Uncovered/Open
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Office
Yes

Current Use

Office
Yes
Professional Service
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Potential Use

Office
Yes
IDX
Listing Office: Coldwell Banker Realty
Last Updated: August - 06 - 2025
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.

Starts in :

00
Days
00
Hours
00
Minutes
00
Seconds