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1 Premier Drive Long Lake, MN $ 2,950,000
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$ 2,950,000 Get more info
1 Premier Drive
$ 2,950,000
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1 Premier Drive

Long Lake, MN, 55356
$ 2,950,000
Bedrooms-- Baths-- Sq 26,820

Monthly Estimate*

$ 20,375

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Commercial Property for sale in Long Lake, MN

for $2,950,000. This 26,820 square foot building was built in 1984 on a lot size of 1.39.

Building Size: 8,738 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Space Available: 5,886 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Acres: 1.39 Acres Percent Leased: 10.63% Annual Gross Rental Income: $51,451.76 per year Year Built: 1984 original building, 1996 Addition Parking: 77 off-street parking stalls Zoning: I-1 Industrial Clear Height: 12 ft. in manufacturing/tech areas, 20 ft. in warehouse area Loading: 4 drive-in doors Power: Heavy 3-phase Roof & HVAC: New rubber membrane roof in 2019; 9 new rooftop HVAC units in 2019; Warehouse is fully heated and air-conditioned Fire Suppression: Wet, fully sprinkled

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Commercial Active

Price

$ 2,950,000

Property Type

Commercial

Taxes

$ 51,451

Style

Lot Size

1.39

Year Built

1984

Town/City

Long Lake

County/Region

Hennepin

MLS | Web ID

6820365
Features
General
Sewer City Sewer/Connected
Heating Forced Air Radiant Zoned
Cooling Zoned
Utilities Electric Common Heating Common Hot Water Common
Roof Age 8 Years or Less Flat Rubber
Garage Spaces 0
Construction Materials Block
Year Built 1984
Tenant Pays Telephone
Topography Level
Tax Year 2025
Current Use Commercial Industrial Manufacturing Warehouse
Gross Income 56201.3
Accessibility Doors 36 + Hallways 42 +
County Hennepin
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Shaughnessy Circle
Possible Use Warehouse Income Industrial
Directions 1 block south of Wayzata Boulevard in Long Lake's industrial park. Located across the street from the post office.
City Long Lake
High School District Orono
Zoning Description Business/Commercial Industrial
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 51451.76
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Parking Lot Paved Lot Open
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building Land Leases
Lot Size Area 1.39
Building Area Total 26820
Lot Dimensions 204x309
Waterfront Y/N N
Foundation Area 19413
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Ceiling Height Varied Heights
Fuel Natural Gas
Garage Square Feet 0
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Internal Only
Street Number 1 1
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* Excluded Features
List By
Keller Williams Premier Realty Lake Minnetonka

Broker

royce.durhman@kw.com

Email

Affordability Calculator

$24,663
Per Month
83%
17%
0%
Monthly Principal & Interest
$20,375
Monthly Property Taxes
$4,288
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3048611 Elementary School
3048682 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/9/2026$2,950,000 -7.81% Price Down
11/20/2025$3,200,000 Listed Price

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1 Premier Drive, Long Lake, MN, 55356 is a Commercial Property for sale at $2,950,000 with 26,820 sqft and a lot size of 1.39. 1 Premier Drive was built in 1984. The property's zip code is 55356 which is in Long Lake, MN

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