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Active NEW!
$625,000
/mo Edit
Commercial:  1 Story
Built 1945
0.339 acres
MLS# 7015492
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    Property Description

    Versatile commercial property in a prime Lakeville location offering flexibility for owner-users or investors. Situated on approximately 0.34 acres, this property features 7, 510 finished square feet across multiple buildings with a mix of service garage, warehouse, mezzanine storage, and retail space. The layout supports a variety of commercial uses and includes convenient outdoor storage and parking options. The property is currently rented, with flexibility for tenants to remain or vacate depending on buyer preference. Located in downtown Lakeville, this is a rare opportunity for a well-located commercial site with adaptable space and long-term potential.

    Listing

    Contingency: None
    City: Lakeville
    County: Dakota
    State: MN
    Property Style: 1 Story
    Zip Code: 55044

    Interior

    Flooring: Concrete Slab, Floor Drains
    Appliances Included:
    • Electric Water Heater
    • Gas Water Heater

    Exterior

    Stories: One
    Garage Spaces: 4
    Garage Size: 2,070 ft2
    Air Conditioning: Central Air, Dual
    Foundation Size: 14,798 ft2
    Handicap Accessible: Doors 36"+, Grab Bars In Bathroom
    Heating System:
    • Forced Air
    • Radiant
    Parking Features:
    • Attached Garage
    • Parking Lot
    Road Frontage: City Street
    Exterior Material:
    • Post and Beam
    • Steel Siding
    • Stone
    Roof Details:
    • Age Over 8 Years
    • Metal
    • Rubber

    Lot & Land

    Acres: 0.339
    Geolocation: 44.647362, -93.245199
    Inclusions: Building
    Lot Dimensions: 130 x 100 x 150 x 80 x 28
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 937
    District Phone: 9522322000

    Expenses

    Tenant Expenses: Cable TV, Fuel, Gas, Insurance, Janitorial Service, Telephone

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,350
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,350

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Automobile Service
    • Office
    • Professional/Office
    • Storage Facility
    • Warehouse
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Separate
    • Hot Water Common
    Water System: City Water/Connected

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    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!

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