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3550 Lexington Avenue N

Shoreview, MN 55126
  • $2,950,000
  • STATUS: Active
  • ON SITE: 150 Days
  • ID#: 6147378
UPDATED: 32 min ago
$2,950,000
  • 0
    BEDS
  • 2.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 28,155
    SQFT
  • $105
    $/SQFT
Type:
Commercial
Built:
1979
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Monoceros Real Estate.

Description

Exceptional opportunity to acquire a well-maintained commercial office building in a prime Shoreview location! Highly visible location just off Lexington Ave., with close proximity to highly populated residential areas, retail, and easy access to freeways. Plenty of parking with a private freshly re-paved parking lot, freshly updated lobby, brand new elevator, and so much more. This attractive building features over 28,000 square ft. currently 98% occupied. Over $250,000 in capital improvements in the last 24 months!

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Cari Ann Carter Group | Edina Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Cari Ann Carter Group | Edina Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Cari Ann Carter Group | Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-07-02T10:23:48.533.

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3550 Lexington Avenue N Shoreview, MN 55126

  • Price: $2,950,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 32 min ago
  • ID#: 6147378
0
Beds
0
Baths
0
½ Baths
2.19
Acres
28,155
SQFT
$105
$/SQFT
1979
Built
Neighborhood:
Section 35 Town 30 Range 23
County:
Ramsey
School District:
621 - Mounds View
Property Description
Exceptional opportunity to acquire a well-maintained commercial office building in a prime Shoreview location! Highly visible location just off Lexington Ave., with close proximity to highly populated residential areas, retail, and easy access to freeways. Plenty of parking with a private freshly re-paved parking lot, freshly updated lobby, brand new elevator, and so much more. This attractive building features over 28,000 square ft. currently 98% occupied. Over $250,000 in capital improvements in the last 24 months!
Exterior Features

Construction Materials Brick/Stone Foundation Area 9385 Levels Three Or More Lot Size Dimensions 0 Parking Features Paved Parking Open 130 Road Frontage Type City Street Waterfront YN No

Interior Features

Heating Other

Property Features

Accessibility Features Accessible Elevator Installed Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use Office Expenses 146200.00 Foreclosure Status No Fuel Natural Gas Gross Income 331200 Inclusions BuildingLandLeases Insurance Expense 7000 Internet Options Fiber OpticCable Land Lease Amount 0 Lender Owned No Net Operating Income 185000 Postal City Shoreview Potential Short Sale No Property Sub Type Office Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 40402 Tax With Assessments 40402.00 Tax Year 2021 Tenant Pays Other Unit Type Efficiencies1 Bedroom2 Bedroom3 BedroomOne RoomTwo RoomThree RoomFour RoomFive RoomSix RoomSeven Room Utilities None Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Monoceros Real Estate. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Cari Ann Carter Group | Edina Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Cari Ann Carter Group | Edina Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Cari Ann Carter Group | Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-07-02T10:23:48.533.

Click here for Digital Millennium Copyright Act
 
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Cari Ann Carter Group | Edina Realty
4999 France Avenue
Minneapolis MN, 55410
NorthstarMLS] logo Listing courtesy of Monoceros Real Estate.