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Multi-Tenant Mixed-Use Property

10730 Highway 55, Plymouth, MN 55441

For Sale
$1,595,000

Commercial Sale, Plymouth, MN

Property Size7,580 SF
Lot Size0.64 Acres
Price / SF$210.42
Days on Market232

Property Features for 10730 Highway 55

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Parking Lot, Covered
Window features Aluminum Frames, Display Window(s)
Subdivision Schiebes Highland View Add
Lot features Irregular Lot
High school district Wayzata
Directions Located on the north side of Highway 55 frontage road and one block east of the intersection of Highway 55 and 10th Avenue N. Located immediately to the east of Latuff's Pizzeria
Standard status Active
APN 3611822230022
Lot size 0.64 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 31043

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1970
Building materials Block
Roof type Flat
Listing Agency: Keller Williams Premier Realty Lake Minnetonka · Keller Williams Realty
Listed By: Royce Durhman
Added: Mar 26 Changed: Oct 29 Last Checked: Nov 12 at 8:06AM
MLS# 7043444

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This mixed-use property contains a 7,580-square-foot building on 0.64 acres. Constructed in 1970, it accommodates three tenants and includes a basement. Block construction, a flat roof, forced-air heat, and central air conditioning serve the building.

The property is at 10730 Highway 55 in Plymouth, Minnesota, with C-3 Highway Commercial zoning. Highway 55 traffic counts are reported at 35,500 per day. Parking includes 25 stalls, with covered parking also listed among the property features.

Key Highlights

  • 7,580‑square‑foot building on 0.64 acres
  • Three tenants
  • C‑3 Highway Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$83,911
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,678,220 $1.7M
Cap Rate 7%
$1,198,729 $1.2M
Cap Rate 9%
$932,344 $932.3K
Market Conditions
NOI Build-Up for 7,580 SF
Gross rent
$163.7K $21.60/SF
− Vacancy
−$29.5K −$3.89/SF
EGI
$134.3K $17.71/SF
− OpEx
−$50.3K −$6.64/SF
NOI
$83.9K $11.07/SF
Area
Hennepin County, MN
Vacancy
18.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,678,220
Cap Rate 7%
$1,198,729
Cap Rate 9%
$932,344

Alternative Uses

Best Use
Mixed Use
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,911 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,590 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store HVAC Service Computer & Electronic Repair Electrical Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
35,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby

Demographics for 55441, MN

18,415
Population
8,340
Households
2.2
Avg Household Size
39
Median Age
56%
College-Educated
97%
High-School Grad
8.6 sq mi
ZIP Area
2,141
Density / Sq Mi
$100,288
Median Household Income
$56,522
Median Earnings
$1,589
Median Rent
$463,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Mixed-use properties in Hennepin County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three occupants share a building with covered parking and central air conditioning.
Where is this mixed-use property located?
The property is located at 10730 Highway 55 Plymouth, MN.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 7,580‑square‑foot building on 0.64 acres; Three tenants; C‑3 Highway Commercial zoning
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