3459 Lake Elmo Avenue N, Lake Elmo, MN

Office For Sale

3459 Lake Elmo Avenue N, Lake Elmo, MN

3459 Lake Elmo Avenue N, Lake Elmo, MN
$710,000.00
Retail / Office, Mixed Use Building for Sale
Available
3459 Lake Elmo Avenue N, Lake Elmo, MN
Lake Elmo None

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Beautifully restored and well maintainted two
story office / retail / apartment building located in historic Lake Elmo. Great opportunity for
expansion.
Fully leased
Three lower level office / retail spaces:
Suite 1- 1,294 SF
Suite 2 - 590 SF
Suite 3 - 932 SF
Two upper level apartments:
Apt 1 - 800 SF
Apt 2 - 400 SF
Offered at $710,000


** Broker has ownership interest **

Property Type: Retail / Office, Mixed Use
Multi-Tenant
Zoning: VMX - Village Mixed Use
Investment: Annual NOI
Approximately $42,000
7 CAP Valuation
CAM & Tax: $6.50 psf
Utilities: Electricity,
City Sewer / Water
HVAC: Gas Forced Air / Central AC
Building has potential expansion opportunity