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    4071 Sunset Dr Spring Park, MN 55384

    For Sale
    $799,000

    Single-tenant office building near Lake Minnetonka, ideal for owner/user.

    Property size:
    5,737 SF
    Lot size:
    0.21 Acres

    Property Features for 4071 Sunset Dr

    General Information

    Size
    5,737 SF
    Lot size
    0.21 Acres

    Source: Kenwood Commercial Agent Mike Doyle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Minnetonka Office Property

    This single-tenant office property is currently owner-occupied by the Lake Minnetonka Communications Commission. Constructed in 1920 and renovated in 1999, the building features one level above grade with a partial second level. A partial basement is present but excluded from the gross building area. The gross building area is estimated at approximately 5,737 square feet. Renovated for office use in 1999 by the current owner, the property is located across the street from the shore of the West Arm of Lake Minnetonka. Situated on the corner of Sunset Drive and Northern Avenue, directly off the Dakota Regional Trail, the site offers views of the lake and includes a drive-in garage. There is potential for conversion of the upstairs to an apartment or storage. The location is close to the Mound downtown area, with grocery stores, coffee shops, the Post Office, and other amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lake Minnetonka Communications ... Television Station

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Park
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.625011
    Latitude
    44.9365156

    Nearby Similar for Sale

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    • Contact for pricing
      16,686 SF

      Commercial Property in Lakeside Community

      Highly visible commercial property in Spring Park, Minnesota.
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    FAQs

    What type of property is this?
    Office building - Single-tenant office building near Lake Minnetonka, ideal for owner/user.
    Where is this office building located?
    The property is located at 4071 Sunset Dr Spring Park, MN.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Lake Minnetonka location with amazing lake views; - Ideal for owner/user; - Close proximity to Mound downtown amenities (grocery stores, coffee shops, Post Office)
    (612) 242-8820
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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
    4071 Sunset Dr Spring Park, MN 55384
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