Champlin, MN 55316 11150 Commerce Drive N

11150 Commerce Drive N Champlin, MN - Image 111150 Commerce Drive N Champlin, MN - Image 211150 Commerce Drive N Champlin, MN - Image 3
Presented By: TheMLSonline.com, Inc.
  • MLS# 6673919
  • 02/20/2025
  • Request Tour
  • Request Info
  • SQFT • 5,015

Home Details

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.
Presented By: TheMLSonline.com, Inc.

Interior Features for 11150 Commerce Drive N

Other Interior Features

BasementNone
Basement (Y/N)No
Ceiling Height11-15
Foundation DimensionsApprox: 78' x 70'
FuelNatural Gas
Garage Dimensions
Garage Door Width
Garage Square Feet

General for 11150 Commerce Drive N

AccessibilityDoors 36 +, Fully Wheelchair, Door Lever Handles, No Stairs External, No Stairs Internal
Additional Parcels Y/NNo
Amenities UnitKitchen Window, Multiple Phone Lines, Other, Security System, In-Ground Sprinkler, Tile Floors
AppliancesDishwasher, Electric Water Heater, Microwave, Range, Refrigerator
CityChamplin
Construction MaterialsStucco
ContingencyInspection
CoolingCentral Air, Zoned
CountyHennepin
Current UseProfessional/Office, Commercial, Office, Professional Service
DirectionsState Hwy 169 to west on Elm Creek Blvd, to south (left) on Jefferson Hwy, to east (left) on Commerce Drive to building.
Electric Expense5976
Fuel Expense1378
Garage Spaces
Gross Income96000
HeatingForced Air
High School DistrictAnoka-Hennepin
Insurance Expense3000
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Lot Size UnitsAcres
MaintenanceExpense11864
Net Operating Income34114
Number Of Units Total1
Operating Expense61886
OwnerPaysInsurance, Repairs, Snow Removal
Possible UseOffice, Other, Professional Service, Rest/Lounge, Restaurant, Retail, Shop, Wholesale Operation, Grocery, Bar/Tavern, Medical
PostalCityChamplin
Property TypeCommercial Sale
RoofAge Over 8 Years, Flat, Rubber
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameElm Creek Bus Center
Tax Annual Amount22926
Tax Year2024
Tenant PaysAll Utilities, Electricity, Gas, Janitorial Service, Sewer, Taxes, Trash Collection
TopographyLevel
Trash Expense1401
UtilitiesElectric Common, Heating Common, Heating Separate
Water Sewer Expense2829
Year Built2001
Zoning DescriptionBusiness/Commercial

Exterior for 11150 Commerce Drive N

Building Area Total5015
Foundation Area5015
InclusionsBuilding
Lot Dimensionsvaried
Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot, Many Trees
Lot Size Area1.48
Parking FeaturesAsphalt, Guest Parking, Other, Parking Lot, Paved, More Parking Onsite for Fee, Unassigned
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road ResponsibilityPrivate Maintained Road, Public Maintained Road
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $1,194,000
MLS#6673919
List Date 02/20/2025
Property Type Contingent
Request Tour
Request Info
Visit My Website

Similar Properties to 11150 Commerce Drive N