4388 Shoreline Drive Spring Park, MN ^$ 1,900,000

4388 Shoreline Drive

^$ 1,900,000

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4388 Shoreline Drive

Spring Park, MN, 55384

^$ 1,900,000

Studio Baths0.0 Sq 10,932

Monthly Estimate*

^$ 13,272

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View a Virtual Tour

Studio

Commercial Property for sale in Spring Park, MN

for $1,900,000. This 10,932 square foot building was built in 1991 on a lot size of 0.82.

LAKE MINNETONKA MOTOR SPORTS BUILDING ON SHORELINE DRIVE. 1ST TIME AVAILABLE. KRAUS-ANDERSON BUILT SPANCRETE SHOWROOM FLOOR. HUGE SECOND FLOOR OFFICE WITH 8 SUITES & TWO BATHROOMS. VIEW OF LAKE MINNETONKA MAIN FLOOR SHOW ROOM ALSO HAS TWO BATHROOMS & OFFICE. LOWER LEVEL HEATED GARAGE/SHOP 5500 SQ FT 40 OUTSIDE PARKING SPOTS. ZONED C1 COMMERCIAL. POSSIBLITIES ARE ENDLESS. 3 PID #'S

Commercial Active

Price

^$ 1,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 43,719

Style

Lot Size

0.82

Year Built

1991

Town/City

Spring Park

County/Region

Hennepin

MLS | Web ID

6497316

Features

General

Sewer City Sewer/Connected

Heating Forced Air Radiant Zoned

Cooling Central Air Zoned

Utilities Electric Separate Heating Common Hot Water Common

Roof Age Over 8 Years Flat

Garage Spaces 20

Construction Materials Block

Year Built 1991

Topography High Ground Solar Oriented

Levels Two

Tax Year 2024

Current Use Commercial Office Retail Warehouse

Waterfront Features Lake Front

Accessibility Accessible Elevator Installed

County Hennepin

Property Type Commercial Sale

Contingency None

Directions Six miles west of Wayzata

City Spring Park

Buyer Agent Compensation 2.70

Body of Water Minnetonka

High School District Westonka

Zoning Description Business/Commercial

Total Units 1

Waterfront Y/N Y

Street Name Shoreline

Land Lease Y/N N

Tax Annual Amount 43719

Additional Parcels Y/N N

Virtual Tour https://twincitiestopdown.com/4388-shoreline-drive-gallery/

Days on Market 38

Standard Status Active

Lender Owned No

Amenities Unit Balcony Deck Indoor Sprinklers Panoramic View

Buyer Agent Compensation Type %

Interior

Basement Block Storage Space Unfinished Walkout

Basement (Y/N) Y

Street Suffix Drive

Foundation Dimensions 66x84

Fuel Natural Gas

Garage Dimensions 37x82

Garage Door Width 8

Garage Square Feet 3034

Lake Acres 14205

Exterior

Parking Features Other

Lot Features Corner Lot

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.82

Building Area Total 10932

Lot Dimensions 164x100x189x101

Lot Size Units Acres

Foundation Area 5754

Road Frontage Type City Street County Road Paved Streets

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 4388

* Excluded Features

List By

Coldwell Banker Realty

Broker

plarson@cbburnet.com

Affordability Calculator

$16,915

Per Month

Monthly Principal & Interest: $13,272
Monthly Property Taxes: $3,643
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 Spring Park, MN

Average List Price ^$1,900,000

Percent of Sale Price 0%

About Spring Park, MN

1,690 Population

1% Since 2002

^$62,812 Median Income

49.41 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709321 Elementary School

708520 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
3/1/2024	$1,900,000		Listed Price

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4388 Shoreline Drive, Spring Park, MN, 55384 is a Commercial Property for sale at $1,900,000 with 10,932 sqft and a lot size of 0.82. 4388 Shoreline Drive is a studio with 0.0 baths and was built in 1991. The property's zip code is 55384 which is in Spring Park, 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 4/27/2024.

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4388 Shoreline Drive

Commercial Property for sale in Spring Park, MN

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