712 Highway 55 Medina, MN ^$ 785,000

712 Highway 55

^$ 785,000

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712 Highway 55

Medina, MN, 55340

^$ 785,000

Bedrooms-- Baths-- Sq 1,750

Monthly Estimate*

^$ 4,701

712 Highway 55, Medina, MN 55340 - Image 1

712 Highway 55, Medina, MN 55340 - Image 2

712 Highway 55, Medina, MN 55340 - Image 3

712 Highway 55, Medina, MN 55340 - Image 4

Commercial Property for sale in Medina, MN

for $785,000. This 1,750 square foot building was built in 1968 on a lot size of 0.46.

Commercial Active

Price

^$ 785,000

Property Type

Commercial

Taxes

^$ 7,737

Style

Business

Lot Size

0.46

Year Built

1968

Town/City

Medina

County/Region

Hennepin

MLS | Web ID

6611463

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air Wall Unit(s)

Utilities Electric Common Heating Common Hot Water Common

Appliances Air-To-Air Exchanger Cooktop Dishwasher Disposal Double Oven Exhaust Fan Indoor Grill Microwave Range Refrigerator Trash Compactor

Garage Spaces 0

Construction Materials Block

Year Built 1968

PropertySubType Business

Tax Year 2024

Current Use Food Service

Accessibility Fully Wheelchair

County Hennepin

Property Type Commercial Sale

Contingency None

Subdivision Name Auditors Sub 241

Possible Use Other Restaurant

Directions Highway 55 west from 494 to Medina on the right hand side

City Medina

High School District Wayzata

Zoning Description Business/Commercial

NumberOfUnitsTotal 1

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 7737

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Exterior

Parking Features Parking Lot

Water Source City Water/Connected

Inclusions Building Business Assets Business Fixture/Equipment Land

Lot Size Area 0.46

Building Area Total 1750

Lot Dimensions Irregular

Foundation Area 1750

Interior

Basement (Y/N) N

Foundation Dimensions 1750

Fuel Natural Gas

Internal Only

Street Number 1 712

* Excluded Features

List By

Coldwell Banker Realty

Broker

Craig.Weber@cbburnet.com

Affordability Calculator

$5,346

Per Month

Monthly Principal & Interest: $4,701
Monthly Property Taxes: $645
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 5.99% 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 Medina, MN

Average List Price ^$1,450,000

Percent of Sale Price 85%

About Medina, MN

6,322 Population

48% Since 2002

^$133,265 Median Income

47.12 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708614 Elementary School

708529 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/1/2024	$695,000		Listed Price

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712 Highway 55, Medina, MN, 55340 is a Commercial Property for sale at $785,000 with 1,750 sqft and a lot size of 0.46. 712 Highway 55 was built in 1968. The property's zip code is 55340 which is in Medina, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% 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 12/7/2024.

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712 Highway 55

Commercial Property for sale in Medina, MN

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