2255-2263 Waters Dr Mendota Heights, MN 55120
- Office Properties & Spaces
- 6,120 SF
- 4.73 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2255-2263 Waters Dr
- Year built
- 2010
- Lot size
- 4.73 lot acres
- Property size
- 6,120 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a two-story, 6,120-square-foot Class B office condo building situated on a 4.73-acre lot in Mendota Heights, Minnesota. Built in 2010, the property boasts a 100% occupancy rate, generating a strong return on investment. The building features a multi-tenant configuration, ideal for diverse income streams. The asking price is $475,000, translating to $77.50 per square foot. Conveniently located at 2255-2263 Waters Drive, 55120, this property offers easy access to I-494 and Highway 6, ensuring excellent accessibility for tenants and clients. The property benefits from on-building signage and direct entry for each unit. The zoning is designated as "I," and the building includes garden-level walk-out spaces. This well-maintained property presents a rare opportunity to acquire a fully occupied, high-performing office complex in a desirable location. The property consists of one building with two stories.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mendota Heights
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.1652
- Latitude
- 44.8724
