Active

2009 Commerce Boulevard

Mound MN, 55364

$2,471,698


$151.41 per sqft

Active

16,324 sqft

Commercial

Built in 1963

23-unit apartment property in western suburb of Lake Minnetonka. Great Schools.
Charming side-by-side buildings with new pitched roofs, gutters, AC-Smith water heaters, and common area lights. New boilers in 2018, hot water baseboards individually controlled via in-unit thermostats. In-unit electrical breakers (tenants pay electric direct).

Price and surety of close important, Seller on 1031.

Neighboring properties provide potential for future development.

Main intersection of Commerce and Shoreline Drive less than half mile away: Jubilee (grocery), Walgreens, Carbone's Pizzeria Bar and Grille, Anytime Fitness, True Value Hardware, expanding park and plaza with connecting Dakota Rail Trail, public parking ramp and transit center, Ice Arena... and more :)

6627694

MLS ID

November 6, 2024

Listed

December 11, 2024

Updated

Map

2009 Commerce Boulevard
Mound MN, 55364

Interior Features

Total Stories

2


Appliances

Air-To-Air Exchanger, Exhaust Fan, Freezer, Gas Water Heater, Range, Refrigerator, Water Softener Owned


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Baseboard, Boiler, Hot Water, Radiant, Zoned

Exterior/Building Features

Lot Size

0.57 Acres


Lot Features

Public Transit (w/in 6 blks), Infill Lot, Tree Coverage - Light, Underground Utilities


Roof

Age 8 Years or Less, Asphalt, Pitched


Sewer

City Sewer/Connected

School Information

School District

Westonka

Other Property Details

Taxes

$28,383


Tax Frequency

Annually


Days on Market

35


Association Amenities

Coin-op Laundry Leased, Patio


Garage

No


Parking

Guest Parking, Parking Lot, Paved, Unassigned, Open


View

No


County

Hennepin


Water Source

City Water/Connected


Pool

No

Listing History

Date

Event

Price

12/11/2024

Price change

$2,471,698

-7%

 

Courtesy of Lakes Sotheby's International Realty

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zane Petersen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Northstar MLS. All rights reserved. 

Data last updated 8:19 PM UTC, 12/11/2024

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