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Commercial:  Office
Built 1967
0.43 acres
Mounds View schools
MLS# 5726049
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    Description:   Multi-Tenant Retail/Commercial Building directly on Silver Lake Road. Well maintained building with Great Visibility! 12, 000+ Car driving by every day!! Currently divided into 3 units. Unit #1 is a Chiropractor, Unit #2 is a Jeweler, Unit #3 is a hair salon. Plenty of parking spaces!! Ready for investor or owner occupier!!
    List Price: $499,000
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Office
    Year Built: 1967
    City: New Brighton
    County: Ramsey
    State: MN
    Zip Code: 55112


    Building Fin Sq Ft: 3,500 sqft
    Basement Details: None


    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 3,500 sqft
    Handicap Accessible: Wheelchair Ramp(s), No Stairs Internal, No Stairs External
    Exterior Material: Stucco, Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 21
    Roof Details: Flat


    Acres: 0.43
    Lot Description: Tree Coverage - Light
    Latitude: 45.08346871
    Longitude: -93.21942536
    Lot Size Dim.: Irregular
    Dev/Complex Name: Section 18 Town 30 Range 23
    Zoning: Business/Commercial


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


    Annual Electric Expense: $8,119
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,450
    Annual Maintenance Expense: $2,400
    Annual Gross Expense: $11,555
    Annual Trash Expense: $936
    Annual Water/Sewer Expense: $1,000
    Tenant Expenses: Fuel, Janitorial Service, Cable TV

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $16,022
    Assessment Pending: Unknown
    Taxes w/ Assessments: $16,022


    Annual Gross Income: $67,200


    Annual Net Income: $37,273


    Total Units: 3
    Number of Efficiencies: 0


    Current Use: Beauty/Barber Shop, Professional Service, Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate, Electric Common
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Justin Larson
    Loan Officer
    Movement Mortgage
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.

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    Listing provided by RMLS, courtesy of Kris Lindahl Real Estate.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.