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    1 Premier Dr Long Lake, MN 55356

    For Sale
    $3,200,000

    Commercial - Long Lake, MN

    Lot size:
    1.39 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 1 Premier Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial,Industrial
    APN
    3411823240067
    Parking features
    Parking Lot, Paved or Surfaced
    Exterior features
    Block
    Lot size
    1.39 Acres

    Utilities

    Heating system
    Forced Air, Radiant, Zoned (Heating)
    Cooling system
    Zoned

    Building Details

    Year built
    1984
    Flooring type
    Carpet
    Building materials
    Block
    Roof type
    Flat, Rubber
    Architectural style
    Other

    Integrity Lake Minnetonka Holdings, LLC (952) 475-0111 [email protected]

    Listing agent Royce Durhman (952) 475-0111

    Listing date Nov 20, 2025

    MLS# 6820365 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Lake Commercial Building For Sale

    This commercial property in Long Lake, Minnesota, offers a combination of office, manufacturing/tech, and warehouse space. The original building was constructed in 1984, with an addition in 1996. The building includes 8,738 square feet of office space, 14,083 square feet of manufacturing/tech space, and 3,999 square feet of warehouse space. Currently, 5,886 square feet of office space, 14,083 square feet of manufacturing/tech space, and 3,999 square feet of warehouse space are available. The property is situated on 1.39 acres and has 77 off-street parking stalls. It is zoned I-1 Industrial. The manufacturing/tech areas have a clear height of 12 feet, while the warehouse area offers a clear height of 20 feet. Loading is facilitated by 4 drive-in doors. The property is equipped with heavy 3-phase power and a wet, fully sprinkled fire suppression system. In 2019, a new rubber membrane roof and 9 new rooftop HVAC units were installed. The warehouse is fully heated and air-conditioned. The property is currently 10.63% leased, generating an annual gross rental income of $51,451.76 per year.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Lake
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.576627
    Latitude
    44.987064

    Nearby Similar for Sale

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      4,000 SF

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      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Manufacturing, tech, office, and warehouse spaces available in Long Lake.
    Where is this manufacturing property located?
    The property is located at 1 Premier Dr Long Lake, MN.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Significant manufacturing/tech space: 14,083 sf available.; - Heavy 3-phase power: suitable for industrial operations.; - New roof and HVAC: rubber membrane roof and 9 rooftop HVAC units installed in 2019.
    (952) 475-0111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Premier Dr Long Lake, MN 55356
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