Sold: Long Lake MLS# 6419015
1 / 1
Sold
$1,645,000 (list price)
$1,590,000
Commercial: Industrial,Office,Warehouse
Built 1979
0.86 acres
Orono schools
MLS# 6419015

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Property Description
Owner user opportunity, with short & long term tenants. Light distribution office/warehouse, built in1979. Approx. building size14, 880 SF on 0.86 acres, fully sprinkled. Approx. 9, 120 SF warehouse with infrared heating. Forced air furnaces and baseboard office heat. Main floor offices approx. 2, 880 SF and mezzanine offices approx. 2, 880 SF with large windows. Four drive-ins and 16 ft clear, 18 ft to joist, rear access bays. Separate drive-in and drive-out access to the rear loading area and parking, convenient for trucks. 400 amp, 208/120 volt, 3 phase power. Trench drains in Bays 1 & 4, with flammable waste trap. Conveniently adjacent to post office, and retail within 2 blocks. Accessible, along Hwy 12 corridor just 8 minutes from I-494. Five miles to I-494, six miles to Ridgedale Center, 14 miles to Minneapolis. Located in a desirable Long Lake, Orono location.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$1,645,000
Sold Price:
$1,590,000
Sold Date:
04/30/2024
Property Type:
Commercial
City:
Long Lake
Garage Spaces:
4
County:
Hennepin
Year Built:
1979
State:
MN
Property Style:
Industrial, Office, Warehouse
Zip Code:
55356
Subdivision Name:
Shaughnessy Circle
Interior
Ceiling Height:
16-20
Exterior
Garage Spaces:
4
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
14,880 ft2
Handicap Accessible:
None
Heating System:
- Forced Air
- Radiant
Parking Features:
- Open
- Paved
Road Frontage:
City Street
Exterior Material:
Block
Roof Details:
Flat
Lot & Land
Acres:
0.86
Geolocation:
44.986278, -93.57634
Inclusions:
Building, Land
Lot Dimensions:
Common
Zoning:
Industrial
Schools
School District:
278
District Phone:
952-449-8305
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$41,198
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$41,198
Units
Total Units:
1
Miscellaneous
Current Use:
- Commercial
- Industrial
- Office
- Warehouse
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
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This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
2026 | $13,582 | $85,318 | $98,901 | $1,258,418 |
2027 | $14,527 | $84,374 | $98,901 | $1,243,891 |
2028 | $15,536 | $83,364 | $98,901 | $1,228,355 |
2029 | $16,617 | $82,284 | $98,901 | $1,211,738 |
2030 | $17,772 | $81,129 | $98,901 | $1,193,967 |
2031 | $19,007 | $79,893 | $98,901 | $1,174,959 |
2032 | $20,329 | $78,572 | $98,901 | $1,154,631 |
2033 | $21,742 | $77,159 | $98,901 | $1,132,889 |
2034 | $23,254 | $75,647 | $98,901 | $1,109,635 |
2035 | $24,870 | $74,030 | $98,901 | $1,084,765 |
2036 | $26,599 | $72,301 | $98,901 | $1,058,166 |
2037 | $28,448 | $70,452 | $98,901 | $1,029,717 |
2038 | $30,426 | $68,474 | $98,901 | $999,291 |
2039 | $32,541 | $66,359 | $98,901 | $966,750 |
2040 | $34,804 | $64,097 | $98,901 | $931,946 |
2041 | $37,223 | $61,677 | $98,901 | $894,723 |
2042 | $39,811 | $59,089 | $98,901 | $854,912 |
2043 | $42,579 | $56,322 | $98,901 | $812,333 |
2044 | $45,539 | $53,362 | $98,901 | $766,794 |
2045 | $48,705 | $50,196 | $98,901 | $718,089 |
2046 | $52,091 | $46,810 | $98,901 | $665,998 |
2047 | $55,712 | $43,188 | $98,901 | $610,285 |
2048 | $59,586 | $39,315 | $98,901 | $550,700 |
2049 | $63,728 | $35,172 | $98,901 | $486,971 |
2050 | $68,159 | $30,742 | $98,901 | $418,813 |
2051 | $72,897 | $26,003 | $98,901 | $345,915 |
2052 | $77,965 | $20,935 | $98,901 | $267,950 |
2053 | $83,385 | $15,515 | $98,901 | $184,565 |
2054 | $89,182 | $9,718 | $98,901 | $95,383 |
2055 | $95,383 | $3,518 | $98,901 | $0 |
Listing provided by RMLS,
courtesy of Keller Williams Premier Realty Lake Minnetonka.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.