Property Listing No Longer Available for Sale

10579 165th St W, Lakeville, MN

Office for Sale - $409,200 - 2,728 Sq. Ft. on 0.05 acres


Property Info

CIMLS#1063910
Location
  10579 165th St W
  Lakeville MN 55044
UpdatedJuly 15th, 2020
TypeOffice
Price$409,200
Building2,728 Sq. Ft.
Land0.05 acres

Property Description

10579 165th W is a private office condo located in the Lakeville Town Office Park. This 2-story unit has high-end finishes and offers tons of natural light. It is conveniently located easily off of 35W and County Road 46. This property has excellent potential for an investment or as an owner/user. The lower level is fully leased, however, there is some flexibility. Nearby tenants include Twin Cities Harley-Davidson, U-Haul Neighborhood Dealer, KFC, Sherwin Williams, Pleasant Hills Saddle Shop, Starbucks, Twin Cities Ballet of Minnesota, Motoprimo Motorsports, Schneiderman's Furniture, Bowlero, Gander Outdoors and HOM Furniture.

Highlights and Features:

Year Built: 2003

PID: 22-44460-01-040

Lot Size: .05 acres

Parking Ratio: 2.36/1,000 sf

High-end finishes

2 ADA bathrooms

2 kitchen areas

Lower level has walkout door

Building signage available

16 miles to MSP airport

Demographics and Traffic Counts:

2018 Average Population: 1 mile - 4,254, 3 miles -35,802 and 5 miles - 86,981

2018 Average Household Income: 1 mile - $109,048, 3 miles - $1,334,445,028 and 5 miles - $2,931,352,952

Traffic Counts: 84,000 vpd on I-35, 36,500 vpd on Hwy 42 and 3,650 vpd on 165th St W

Available For Sale: 2,728 sf

Available For Lease: 1,364 sf (upper level)

2019 Tax: $8,572.60

Lease Rate: Negotiable

Sale Price: $409,200.00 ($150.00 psf)


Financials