For Sale: Champlin MLS# 6673919
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Property Description
FOR SALE: Prime Retail or Office - Stand Alone Building. Formerly a Bank Building, currently converted to office space (see photo / PDF showing current building layout). This stand alone building features 16 private offices, large and small conference rooms, kitchen break room with sink, dishwasher and oven. Large open floor-space (cubicle area) in center of the building. Perfect for most any retail, consulting, banking, finance, medical or professional services business (also has great potential as daycare center). Features 28 parking spots with an optional, separate-entrance private area of the building (private wing) perfect for a potential sublet for an associated [or non-associated] separate business operation.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,194,000
Property Type:
Commercial
City:
Champlin
Garage Spaces:
0
County:
Hennepin
Year Built:
2001
State:
MN
Property Style:
1 Story
Zip Code:
55316
Subdivision Name:
Elm Creek Bus Center
Interior
Ceiling Height:
11-15
Ranges:
One
Refrigerators:
One
Appliances Included:
- Dishwasher
- Electric Water Heater
- Microwave
- Range
- Refrigerator
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Other Parking Spaces:
28
Air Conditioning:
Central Air, Zoned
Foundation Size:
5,015 ft2
Foundation Dimensions:
Approx: 78' x 70'
Handicap Accessible:
Doors 36"+, Fully Wheelchair, Door Lever Handles, No Stairs External, No Stairs Internal
Road Responsibility:
Private Maintained Road, Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Guest Parking
- More Parking Onsite for Fee
- Other
- Parking Lot
- Paved
- Unassigned
Unit Amenities:
- In-Ground Sprinkler
- Kitchen Window
- Multiple Phone Lines
- Other
- Security System
- Tile Floors
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Stucco
Roof Details:
- Age Over 8 Years
- Flat
- Rubber
Lot & Land
Acres:
1.48
Geolocation:
45.157297, -93.394165
Inclusions:
Building
Lot Dimensions:
Varied
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Many Trees
- Public Transit (w/in 6 blks)
Farm
Topography:
Level
Schools
School District:
11
District Phone:
763-506-1000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$5,976
Annual Fuel Expense:
$1,378
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
$11,864
Annual Gross Expense:
$61,886
Annual Trash Expense:
$1,401
Annual Water/Sewer Expense:
$2,829
Tenant Expenses:
All Utilities, Electricity, Gas, Janitorial Service, Sewer, Taxes, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$22,926
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$22,926
Income
Annual Gross Income:
$96,000
Rent
Annual Net Income:
$34,114
Units
Total Units:
1
Miscellaneous
Current Use:
- Commercial
- Office
- Professional Service
- Professional/Office
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Heating Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of TheMLSonline.com, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.