Multi-Tenant Mixed-Use
For Sale
$1,595,000
10730 Highway 55, Plymouth, MN 55441
Commercial Sale, Plymouth, MN
Property Size7,580 SF
Lot Size0.64 Acres
Price / SF$210.42
Days on Market201
Property Features for 10730 Highway 55
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Rooms
Basement
Parking features
Covered, Parking Lot
Window features
Display Window(s), Aluminum Frames
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
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
(952) 475-0111
Listed By:
Royce Durhman
(651) 492-2201
Added: Mar 26
Changed: Oct 8
Last Checked: Oct 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.
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.
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
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
NOI $126,590 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
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
Explore this area
Business Placement
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
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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
