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Sold:  Mounds View MLS# 5556238

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Sold
$429,900  (list price)
$400,000
/mo Edit
Commercial:  Retail/Shopping Center
Built 1946
0.59 acres
Mounds View schools
MLS# 5556238
763-576-8286
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    Property Description

    2 Unit Retail building on US Highway 10. Located 15-20 minutes from Twin Cities. .059 acres, ~8, 294 Total Building SF Both Units (6, 039 Total Main Floor + 2, 255 Total Basement), Unit 1 = ~3, 805 Total SF (~2, 826 SF Main Floor, ~978 Basement), Unit 2 = ~4, 490 Total SF (~3, 212 Main Floor, ~1, 277 Basement), 15 parking spaces, 2 Drive Up Dock Doors - (Unit 1 Door is 42" x 82"); (Unit 2 is 46" x 78"). Zoned B2- Limited Business with many uses. Redevelop or use existing building for your business and/or rental. Recent upgrades include Liquor Store side rooftop HVAC $27K. City of Mounds View owns the 0.41 vacant parcel directly behind, could be perfect for Buyers needing 1 acre, price is negotiable, city makes final decision on the sale of 7861 Groveland Rd based on planned use.

    Listing

    Listing Status: Sold
    Contingency: None
    List Price: $429,900
    Sold Price: $400,000
    Sold Date: 12/20/2021
    Property Type: Commercial
    City: Mounds View
    Garage Spaces: 0
    County: Ramsey
    Year Built: 1946
    State: MN
    Property Style: Retail/Shopping Center
    Zip Code: 55112
    Subdivision Name: Auditors Sub 89

    Interior

    Refrigerators: Six or More
    Basement Details:
    • Block
    • Concrete
    • Partial
    • Single Tenant Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 15
    Air Conditioning: Central Air
    Foundation Size: 7,200 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • Open
    • Paved
    Unit Amenities: Tile Floors
    Road Frontage:
    • Highway
    • Paved Streets
    Exterior Material: Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Flat

    Lot & Land

    Acres: 0.59
    Geolocation: 45.1115007368, -93.2207811068
    Inclusions: Building, Land
    Lot Dimensions: 230 x 162 x 87 x 216
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Irregular Lot

    Schools

    School District: 621
    District Phone: 651-621-6001

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $15,498
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $15,498
    Land Lease Amount: 0

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Other
    • Retail
    • Storage Facility
    • Vacant
    • Wholesale
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.