3550 Lexington Avenue N

Shoreview, MN 55126 View Map $2,700,000 Schedule a Tour
Acres2.19
Year1979
Brandon Hedges & Matt Barker

Brandon Hedges & Matt Barker

(612) 730-6717

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Status: Active
Property Type:Office
MLS #:6147378
On Site:171 Days
Lot Size:2.19 Acres
County:Ramsey
Great opportunity to acquire a well-maintained commercial office building in a prime Shoreview location! Highly visible location just off Lexington Ave., with close proximity to highly populated residential areas, retail, and easy access to freeways. Plenty of parking with a private freshly re-paved parking lot, freshly updated lobby, brand new elevator, and so much more. This attractive building features over 28,000 square ft. currently 100% occupied with a mix of long and short term tenants. Lots of new capital improvements in the past 24 months. Great Steady Cash Flow.

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:3550 Lexington Avenue N, Shoreview, MN 55126
County:Ramsey
School District:Mounds View
Zip Code:55126

Features / Amenities

Accessibility Features: Accessible Elevator Installed
Fuel: Natural Gas

Property Features

Lot Size: 2.19 Acres
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street
Zoning:Business/Commercial
Directions:Shoreview Ave N. Pull into parking lot.

Tax and Financial Info

Sale Includes: Building, Land, Leases
Tax Year: 2023
Tax Annual Amount: $52,408
Insurance Expense: $7,000
Gross Income: $331,200
Net Income: $185,000

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3550 Lexington Avenue N Shoreview,  MN 55126
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3550 Lexington Avenue N Shoreview, MN 55126
 
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Listing Information Last Updated 2/21/2024
Listing provided courtesy of Monoceros Real Estate.
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