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MLS# 5623630
Built 1980
1.73 acres
Delano schools
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    Description:   Looking for a place to run or grow your business? Great opportunity for business owner to occupy, or purchase as an investment property. Fully leased.
    List Price: $950,000
    Sold Date: 0000-00-00
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Contingent
    Contingency: Inspection
    Property Style: Business Opportunity
    Year Built: 1980
    City: Loretto
    County: Hennepin
    State: MN
    Zip Code: 55357


    Building Fin Sq Ft: 20,424 ft²
    Total Refrigerators: One
    Basement Details: Full


    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 10,212 ft²
    Handicap Accessible: Wheelchair Ramp(s)
    Exterior Material: Brick/Stone, Aluminum Siding
    Garage Spaces: 0
    Other Parking Spaces: 92
    Roof Details: Flat


    Acres: 1.73
    Lot Description: Tree Coverage - Light
    Latitude: 45.05553300
    Longitude: -93.63464300
    Lot Size Dim.: 264x292
    Dev/Complex Name: Hillview West Add
    Zoning: Business/Commercial


    School District: 879
    District Phone: 763-972-3365


    Annual Caretaker Expense: $4,840
    Annual Electric Expense: $8,143
    Annual Fuel Expense: $3,935
    Annual Insurance Expense: $3,655
    Annual Maintenance Expense: $2,306
    Total Annual Expenses: $61,601
    Annual Trash Expense: $2,711
    Annual Water/Sewer Expense: $1,554

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $54,116
    Assessment Pending: No
    Taxes w/ Assessments: $54,116


    Annual Gross Income: $120,796


    Annual Net Income: $59,195


    Total Units: 1


    Current Use: Professional Service, Professional/Office, Warehouse
    Fuel System: Natural Gas
    Sale Includes: Leases, Building, Fixture/Equipment
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate, Electric Separate
    Utilities: Heating Separate, Electric Separate
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.

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    Listing provided by RMLS, courtesy of Bullseye Properties & Realty.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.