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2434 Commerce Boulevard Mound, MN $ 829,900
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$ 829,900 Get more info
2434 Commerce Boulevard
$ 829,900
Back to search
Share Save

2434 Commerce Boulevard

Mound, MN, 55364
$ 829,900
Bedrooms-- Baths-- Sq 4,833

Monthly Estimate*

$ 5,732

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Commercial Property for sale in Mound, MN

for $829,900. This 4,833 square foot building was built in 1985 on a lot size of 1.39.

Exceptional opportunity to acquire a well-maintained multi-tenant commercial building in the heart of Mound. This 12-unit office property offers strong in-place income with no current vacancies, making it an ideal investment for both seasoned investors and owner-operators. The property features approximately 4,800+ finished square feet across multiple levels, with a flexible layout that accommodates a variety of professional office uses. Situated on a high-visibility corridor just off Commerce Boulevard, the location provides convenient access for tenants and clients alike, with ample on-site parking and proximity to Lake Minnetonka communities. Additional upside potential exists through future rent optimization and possible leasing of storage areas in the basement.

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Commercial Active

Price

$ 829,900

Property Type

Commercial

Taxes

$ 16,406

Style

Lot Size

1.39

Year Built

1985

Town/City

Mound

County/Region

Hennepin

MLS | Web ID

7064657
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Appliances Dishwasher Refrigerator
Garage Spaces 0
Year Built 1985
Levels Two
Tax Year 2025
Current Use Professional/Office Office Other Professional Service Storage Facility
Gross Income 89800
Waterfront Features Channel Shore Lake Front
Accessibility Doors 36 + No Stairs External
County Hennepin
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 5100
Subdivision Name Auditors Sub 167
Possible Use Office Other Professional Service Retail
Directions On Commerce Blvd South of Shoreline Drive
City Mound
High School District Westonka
Zoning Description Business/Commercial
Number Of Units Total 12
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 16406
Electric Expense 2400
Fuel Expense 3000
Trash Expense 2400
Water Sewer Expense 2000
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Finished Storage Space
Basement (Y/N) Y
Fuel Natural Gas
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Exterior
Parking Features Parking Lot Paved Lot
Water Source City Water/Connected
Inclusions Building Land Leases
Lot Size Area 1.39
Building Area Total 4833
Lot Dimensions Irregular
Waterfront Y/N Y
Foundation Area 2098
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Internal Only
Street Number 1 2434
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* Excluded Features
List By
Compass

Broker

geoffrey@serdarpartnersrealty.com

Email

Affordability Calculator

$7,099
Per Month
81%
19%
0%
Monthly Principal & Interest
$5,732
Monthly Property Taxes
$1,367
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
709321 Elementary School
708520 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/4/2026$829,900 Listed Price

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2434 Commerce Boulevard, Mound, MN, 55364 is a Commercial Property for sale at $829,900 with 4,833 sqft and a lot size of 1.39. 2434 Commerce Boulevard was built in 1985. The property's zip code is 55364 which is in Mound, MN

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