3640 Arrowhead Drive Medina, MN $ 299,000
3640 Arrowhead Drive
$ 299,000
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3640 Arrowhead Drive

Medina, MN, 55340
$ 299,000
Baths0.0 Sq 1,400

Monthly Estimate*

$ 2,089

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Studio

Commercial Property for sale in Medina, MN

for $299,000. This 1,400 square foot building was built in 2017 on a lot size of 1.79.

Fantastic opportunity to purchase a spacious 4 stall unit with loft at the high demand, sold out Medina Automotorplex development. The unit is located in Phase 1 of the development and is listed well below the last unit sold in Phase 3 of the development. Keep your cars and toys together while enjoying a community of auto enthusiasts while have the option to partake in car shows, rallies, and a host of other events. This particular unit is sheet rocked and ready for you to put your own style and theme in place. This offering is for a car/garage condominium unit which has a required association yearly assessment to pay for water/sewer, grounds maintenance, outside building maintenance, trash removal (dumpsters), and hazard insurance. The annual fee for the unit in 2023 was $1819.27 There is a rough in for an optional bathroom in the unit as well.

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Commercial Pending

Price

$ 299,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,197

Style

Lot Size

1.79

Year Built

2017

Town/City

Medina

County/Region

Hennepin

MLS | Web ID

6445028

Features
General
Sewer City Sewer/Connected
Heating Radiant Floor Radiant
Utilities Electric Separate
Roof Age 8 Years or Less
Garage Spaces 4
Construction Materials Fiber Cement
Year Built 2017
Tenant Pays Electricity
Topography Level
Property SubType Other
Tax Year 2023
Current Use Storage Facility
Accessibility None
County Hennepin
Property Type Commercial Sale
Association Amenities Fire Sprinkler System Other
Contingency None
Subdivision Name Cic 2067 Medina Motorplex A Condo
Directions Highway 55 West to Arrowhead Dr South to development on left. Turn left at 1st driveway entrance follow to property
City Medina
Buyer Agent Compensation 2.70
High School District Wayzata
Zoning Description Business/Commercial
Total Units 4
Street Name Arrowhead
Land Lease Y/N N
Tax Annual Amount 2197
Additional Parcels Y/N N
Days on Market 168
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement None
Basement (Y/N) N
Street Suffix Drive
Ceiling Height 16-20
Foundation Dimensions 40x25
Fuel Electric
Garage Dimensions 40x25
Garage Square Feet 0
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Exterior
Parking Features Attached Garage Asphalt Shared Driveway Garage Door Opener Parking Garage Storage
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Inclusions Other
Lot Size Area 1.79
Building Area Total 1400
Lot Dimensions 40x25
Lot Size Units Acres
Foundation Area 800
Road Frontage Type Private Road
Road Responsibility Association Maintained Road
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Internal Only
Street Number 1 3640
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* Excluded Features
List By
Coldwell Banker Realty

Broker

dan@danbasil.com

Email

Affordability Calculator

$2,272
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,089
Monthly Property Taxes
$183
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708614 Elementary School
708529 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2023$299,000 Listed Price

Map


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3640 Arrowhead Drive, Medina, MN, 55340 is a Commercial Property for sale at $299,000 with 1,400 sqft and a lot size of 1.79. 3640 Arrowhead Drive is a studio with 0.0 baths and was built in 2017. The property's zip code is 55340 which is in Medina, MN