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    3368 Bunker Lake Blvd NW Andover, MN 55304

    For Sale
    $475,000

    Commercial - Andover, MN

    Lot size:
    0.05 Acres
    Days on Market:
    130
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 3368 Bunker Lake Blvd NW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    323224410060
    Parking features
    Paved or Surfaced
    Exterior features
    Brick/Stone, Vinyl
    Lot size
    0.05 Acres

    Utilities

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

    Building Details

    Year built
    1999
    Flooring type
    Carpet
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

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

    Listing agent Royce Durhman (952) 475-0111

    Listing date Jul 29, 2025

    MLS# 6429897 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

    Retail Space on Bunker Lake

    This retail space benefits from monument signage facing Bunker Lake Boulevard NW, with a traffic count of 19,202 vehicles per day. The roof was replaced in December 2007, and the property includes two furnaces and A/C units. There are no association dues. Costs for sewer, water, trash, lawn care, and insurance are split between the two units on the property. The share of snow removal and parking lot maintenance is 14%. Each unit owner is responsible for their own unit maintenance, while large capital improvements are split 50/50 between the units. Nearby retailers include Festival Foods, Target, Frattallone's, O'Reilly, McDonald's, and Caribou.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.351471
    Latitude
    45.218973

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      Andover Office Building - Great Location!

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    FAQs

    What type of property is this?
    Retail space - Retail space with monument signage and high traffic counts.
    Where is this retail space located?
    The property is located at 3368 Bunker Lake Blvd NW Andover, MN.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - High-visibility monument signage on Bunker Lake Blvd. with significant daily traffic (19,202).; - No association dues; shared expenses for common services (sewer, water, trash, lawn, insurance).; - Roof replaced in Dec. 2007.
    (952) 475-0111
    Request Owner's contact information
    3368 Bunker Lake Blvd NW Andover, MN 55304
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    Andover, MN 55304
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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
    3368 Bunker Lake Blvd NW Andover, MN 55304
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