106 Broadway Ave Wayzata, MN 55391

Property Details for 106 Broadway Ave

Year built

2005

Construction

WOOD

Lot size

0.15 lot acres

Property type

Commercial real estate

APN

06-117-22-13-0037

APU

611722130037

Description

This exceptional 5,190 square foot freestanding office building presents a lucrative investment opportunity in the thriving Wayzata business community. Situated on a 0.15-acre lot at the highly desirable corner of Wayzata Boulevard and Broadway Avenue, this property enjoys unparalleled visibility and accessibility. Just two blocks north of Lake Street and the picturesque shores of Lake Minnetonka, the building benefits from a prime location within a vibrant and growing area. The custom-built, two-story brick structure offers a well-balanced layout featuring a mix of private offices and open workspaces, catering to diverse business needs. The 3,460 square feet of above-ground space is complemented by ample off-street parking and professionally landscaped grounds. The building is currently fully leased through April 30, 2027, providing immediate and substantial rental income. Wayzata's dynamic business environment is marked by recent expansions, including new restaurants, shops, the Landing Hotel, and the Panoway development on Wayzata Bay. Located a convenient 12 miles west of downtown Minneapolis, this property offers an ideal blend of suburban tranquility and urban accessibility. Appointments to view the property are available Monday through Friday, from 10:00 AM to 5:00 PM. This is a rare opportunity to acquire a high-quality, fully leased office building in one of Minnesota's most desirable locations.

Location Insight

City

Wayzata

County

Hennepin

State

Minnesota

Longitude

-93.5099

Latitude

44.9721

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments