4205 Lancaster Lane N Plymouth, MN ^$ 2,700,000

4205 Lancaster Lane N

^$ 2,700,000

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4205 Lancaster Lane N

Plymouth, MN, 55441

^$ 2,700,000

Studio Baths0.0 Sq 20,412

Monthly Estimate*

^$ 18,860

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Studio

Commercial Property for sale in Plymouth, MN

for $2,700,000. This 20,412 square foot building was built in 1979 on a lot size of 2.33.

Multi-use office building with abundant parking. Approximately 6000 sf of contiguous space for a counseling and therapy center with multiple private offices and training rooms. Excellent opportunity for an owner occupant, investor or potentially a developer. 5-7 tenants in place with leases of 20-40 months.

Commercial Active

Price

^$ 2,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 60,997

Style

Office

Lot Size

2.33

Year Built

1979

Town/City

Plymouth

County/Region

Hennepin

MLS | Web ID

6405702

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Electric Common Heating Common

Roof Age Over 8 Years

Garage Spaces 0

Construction Materials Block Brick/Stone Brick Veneer

Year Built 1979

Levels One

Property SubType Office

Tax Year 2023

Current Use Office

Accessibility Fully Wheelchair Grab Bars In Bathroom Door Lever Handles

County Hennepin

Property Type Commercial Sale

Contingency None

Subdivision Name Plymouth Plaza 4th Add

Directions Hwy 169 N to 36th Ave N West on 36th Ave North on Lancaster Lane

City Plymouth

Buyer Agent Compensation 2.75

High School District Robbinsdale

Zoning Description Business/Commercial

Total Units 1

Street Name Lancaster

Land Lease Y/N N

Tax Annual Amount 60997

Additional Parcels Y/N N

Days on Market 271

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Open

Water Source City Water/Connected

Inclusions Building Land Leases

Lot Size Area 2.33

Building Area Total 20412

Lot Dimensions 661x120x721

Lot Size Units Acres

Foundation Area 20412

Interior

Basement (Y/N) N

Street Suffix Lane

Fuel Electric Natural Gas

Internal Only

Street Number 1 4205

* Excluded Features

List By

Re/Max Results

Broker

tony@weinstinecommercial.com

Affordability Calculator

$23,943

Per Month

Monthly Principal & Interest: $18,860
Monthly Property Taxes: $5,083
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Plymouth, MN

Average List Price ^$1,350,950

Percent of Sale Price 50%

About Plymouth, MN

79,357 Population

20% Since 2002

^$92,400 Median Income

41.06 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709307 Elementary School

708874 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$2,700,000	-9.85%	Price Down
7/21/2023	$2,995,000		Listed Price

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4205 Lancaster Lane N, Plymouth, MN, 55441 is a Commercial Property for sale at $2,700,000 with 20,412 sqft and a lot size of 2.33. 4205 Lancaster Lane N is a studio with 0.0 baths and was built in 1979. The property's zip code is 55441 which is in Plymouth, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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4205 Lancaster Lane N

Commercial Property for sale in Plymouth, MN

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