For Sale: Champlin MLS# 6673919
Active
$1,283,000
Commercial: 1 Story
Built 2001
1.48 acres
Anoka-Hennepin schools
MLS# 6673919

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Property Description
FOR SALE: Prime Retail or Office - Stand Alone Building. Formerly a Bank Building, currently converted to office space (see photo / PDF showing current building layout). This stand alone building features 16 private offices, large and small conference rooms, kitchen break room with sink, dishwasher and over. Large open floor-space / cubicle area in center of building. Perfect for most any retail, consulting, banking, finance, medical or professional services business (even a potential daycare center). Features 28 parking spots with an optional, separate-entrance private area or 'private wing' (perfect for a potential sublet for an associated [or non-associated] separate business operation).
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,283,000
Property Type:
Commercial
City:
Champlin
Garage Spaces:
0
County:
Hennepin
Year Built:
2001
State:
MN
Property Style:
1 Story
Zip Code:
55316
Subdivision Name:
Elm Creek Bus Center
Interior
Ceiling Height:
11-15
Ranges:
One
Refrigerators:
One
Appliances Included:
- Dishwasher
- Electric Water Heater
- Microwave
- Range
- Refrigerator
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Other Parking Spaces:
28
Air Conditioning:
Central Air, Zoned
Foundation Size:
5,015 ft2
Foundation Dimensions:
Approx: 78' x 70'
Handicap Accessible:
Doors 36"+, Fully Wheelchair, Door Lever Handles, No Stairs External, No Stairs Internal
Road Responsibility:
Private Maintained Road, Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Guest Parking
- More Parking Onsite for Fee
- Other
- Parking Lot
- Paved
- Unassigned
Unit Amenities:
- In-Ground Sprinkler
- Kitchen Window
- Multiple Phone Lines
- Other
- Security System
- Tile Floors
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Stucco
Roof Details:
- Age Over 8 Years
- Flat
- Rubber
Lot & Land
Acres:
1.48
Geolocation:
45.157297, -93.394165
Inclusions:
Building
Lot Dimensions:
Varied
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
11
District Phone:
763-506-1000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$5,976
Annual Fuel Expense:
$1,378
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
$11,864
Annual Gross Expense:
$61,886
Annual Trash Expense:
$1,401
Annual Water/Sewer Expense:
$2,829
Tenant Expenses:
All Utilities, Electricity, Gas, Janitorial Service, Sewer, Taxes, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$22,926
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$22,926
Income
Annual Gross Income:
$96,000
Rent
Annual Net Income:
$34,114
Units
Total Units:
1
Miscellaneous
Current Use:
- Commercial
- Office
- Professional Service
- Professional/Office
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Heating Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
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Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.