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 :)
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.
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.
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.