Mound MN Commercial for Sale

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Type:
Low-Rise
Sq.Ft.:
16,324
Status:
Active
Beds:
n/a
Lot size:
0.57 Acres
Year built:
1963
Baths:
MLS#:
6627694

ADDITIONAL INFORMATION

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 :)

Type:
Other
Sq.Ft.:
2,400
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1966
Baths:
MLS#:
6563770

ADDITIONAL INFORMATION

Explore this exceptional commercial property near Lake Minnetonka, currently operating as a seasonal jet ski and water sports rental business with a beachside concession stand. Open from June through September, this business thrives on steady beachgoer traffic, but the property’s potential extends far beyond the summer season. With ample space and a flexible layout, it’s ready for year-round opportunities, including winter activities. The sale includes furniture, fixtures, equipment, and the property itself, making it a turn-key operation. Whether you’re dreaming of a cozy coffee shop, a boutique, a restaurant, or a wellness retreat, this versatile space is the ideal canvas for your vision. The location is unmatched, offering endless possibilities to bring your entrepreneurial dreams to life. Furniture, fixtures and equipment included in sale.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Mound Real Estate

The median home value in Mound, MN is $354,000. This is higher than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Mound, MN is $354,000. Approximately 69.29% of Mound homes are owned, compared to 24.63% rented, while 6.08% are vacant. Mound real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mound real estate agent to arrange a tour today!

Mound, Minnesota 55364 has a population of 9,365. Mound 55364 is more family-centric than the surrounding county with 36.3% of the households containing married families with children. The county average for households married with children is 33.3%.

The median household income in Mound, Minnesota 55364 is $80,583. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Mound 55364 is 44.3 years.

Mound Weather

The average high temperature in July is 82.6 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 31.4 inches per year, with 50.8 inches of snow per year.

Mound Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    39
    30-day change

Mound Schools and Demographics

Education near Mound, MN

Metric City County
High School Graduates 98.62 93.87
College Degree - 2 year 9.76 8.7
College Degree - 4 year 43.1 51.85
Graduate Degree 9.25 13.68
Expenditures per Student 19,300 19,300
Students per Teacher 16.1 16.1

Elementary Schools near Mound, MN

School Grades Students P/T Ratio ZIP
Excelsior Elementary School KG - 05 746 13.6 55331
Hilltop Primary School PK - 04 403 16.2 55364
Minnewashta Elementary School KG - 05 839 14.9 55331
Orono Intermediate Elementary School 03 - 05 633 18.5 55356
Schumann Elementary School PK - 02 521 17.3 55356
Shirley Hills Primary School PK - 04 419 14.8 55364
Victoria Elementary School KG - 05 662 16.4 55386

Middle Schools near Mound, MN

School Grades Students P/T Ratio ZIP
Grandview Middle School 05 - 07 558 18.8 55364
Minnetonka West Middle School 06 - 08 1,040 18.6 55331
Orono Middle School 06 - 08 684 16.9 55356

High Schools near Mound, MN

School Grades Students P/T Ratio ZIP
Mound-Westonka High School 08 - 12 797 19.9 55364
Orono Senior High School 08 - 12 938 20.6 55356

Ungraded Schools near Mound, MN

School Grades Students P/T Ratio ZIP
* 277 Westonka Area Learning Academy 09 - 12 27 16.9 55364
* ALC Westonka - Is 08 - 12 0 55364
* Orono Discovery Center 12 - 12 28 16.9 55359

Demographics near Mound, MN 55364

Metric Zip Code City
Neighborhood Type Small town
Population 9,365 1,270,283
Population Density 3,288 2,294
Median Age 44.3 36.9
People per Household 2.1 2.4
Median Household Income 80,583 85,438
Average Income per Capita 56,551 50,478