My notes for this property


Add listing to my favorites (required)
Sold
$695,000  (list price)
$635,000
/mo Edit
Commercial:  Other
Built 2006
3.64 acres
Watertown-Mayer schools
MLS# 6532000
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Rarely available double unit at the Nike Road storage condos. Two 44' x 45' units joined together to make an extra large drive through unit with double doors on each side. Amazing investment opportunity only 10 minutes from Lake Minnetonka in the rapidly growing Minnetrista and Victoria area. Leasing is allowed in this development. Purchase with partners and lease it out or keep your RV, boats, cars, and sled in the same unit. This unit has ceiling mounted space heaters and ceiling fans - ceiling height is 18'. 24 hours ideally needed for showings. Unit costs are $4, 356/year for development maintenance and $220/ in sewer expenses. Owner only wishes to sell the units together. Take a look and make this amazing unit yours today!

    Listing

    Contingency: None
    City: Minnetrista
    County: Hennepin
    State: MN
    Property Style: Other
    Zip Code: 55359
    Subdivision Name: Nike Storage Minnetrista

    Interior

    Ceiling Height: 16-20

    Exterior

    Garage Spaces: 32
    Other Parking Spaces: 0
    Air Conditioning: None
    Foundation Size: 3,960 ft2
    Foundation Dimensions: 3960
    Handicap Accessible: None
    Road Responsibility: Association Maintained Road
    Heating System: Space Heater
    Parking Features:
    • Asphalt
    • Garage Door Opener
    • Heated Garage
    • Paved
    Shared Amenities: Car Wash
    Unit Amenities: Ceiling Fan(s)
    Road Frontage: Private Road
    Exterior Material: Metal Siding
    Roof Details: Flat

    Lot & Land

    Acres: 3.64
    Geolocation: 44.935459, -93.759553
    Inclusions: Building
    Lot Dimensions: Common
    Addl Parcels: 1811724340051
    Zoning: Business/Commercial

    Schools

    School District: 111
    District Phone: 952-955-0480

    Expenses

    Annual Maintenance Expense: $4,576
    Annual Water/Sewer Expense: $220

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,599
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,599

    Units

    Total Units: 2
    Unit Number: 44 and 45

    Miscellaneous

    Current Use: Storage Facility
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: Shared Septic
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: None

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Lakes Area Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.