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For Sale:  Champlin MLS# 6673919

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Active Contingent
$1,194,000
/mo Edit
Commercial:  1 Story
Built 2001
1.48 acres
Anoka-Hennepin schools
MLS# 6673919
612-221-6654
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    Property Description

    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.

    Listing

    Listing Status: Active Contingent
    Contingency: Inspection
    List Price: $1,194,000
    Property Type: Commercial
    City: Champlin
    Garage Spaces: 0
    County: Hennepin
    Year Built: 2001
    State: MN
    Property Style: 1 Story
    Zip Code: 55316
    Subdivision Name: Elm Creek Bus Center

    Interior

    Ceiling Height: 11-15
    Ranges: One
    Refrigerators: One
    Appliances Included:
    • Dishwasher
    • Electric Water Heater
    • Microwave
    • Range
    • Refrigerator
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Other Parking Spaces: 28
    Air Conditioning: Central Air, Zoned
    Foundation Size: 5,015 ft2
    Foundation Dimensions: Approx: 78' x 70'
    Handicap Accessible: Doors 36"+, Fully Wheelchair, Door Lever Handles, No Stairs External, No Stairs Internal
    Road Responsibility: Private Maintained Road, Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Guest Parking
    • More Parking Onsite for Fee
    • Other
    • Parking Lot
    • Paved
    • Unassigned
    Unit Amenities:
    • In-Ground Sprinkler
    • Kitchen Window
    • Multiple Phone Lines
    • Other
    • Security System
    • Tile Floors
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Stucco
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Lot & Land

    Acres: 1.48
    Geolocation: 45.157297, -93.394165
    Inclusions: Building
    Lot Dimensions: Varied
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Many Trees
    • Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 11
    District Phone: 763-506-1000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $5,976
    Annual Fuel Expense: $1,378
    Annual Insurance Expense: $3,000
    Annual Maintenance Expense: $11,864
    Annual Gross Expense: $61,886
    Annual Trash Expense: $1,401
    Annual Water/Sewer Expense: $2,829
    Tenant Expenses: All Utilities, Electricity, Gas, Janitorial Service, Sewer, Taxes, Trash Collection

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $22,926
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $22,926

    Income

    Annual Gross Income: $96,000

    Rent

    Annual Net Income: $34,114

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    • Professional/Office
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Heating Separate
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of TheMLSonline.com, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.