120 Broadway AveWayzata, MN 55391

  • Other commercial real estate
  • 0.33 AC
For Sale
$300,000 View listing

Property Details for 120 Broadway Ave

Year built
2004
Construction
WOOD
Lot size
0.33 AC
Property type
Other commercial real estate
APN
06-117-22-13-0116
APU
611722130116

Description

This exceptional 1,085-square-foot executive office condominium presents a unique opportunity in the heart of Wayzata, Minnesota. Located at 120 Broadway Avenue South, this single-tenant space boasts a prime location just two blocks from the picturesque shores of Lake Minnetonka. Built in 2004, the property offers modern amenities and is ideal for businesses seeking a prestigious address. The suite encompasses the entire building, providing complete privacy and control. One convenient parking space is included. The building is equipped with an elevator for easy access to all levels. The property's Hennepin County Assessor's Parcel Number (APN) is 06-117-22-13-0113. This is a rare opportunity to acquire a fully vacant, move-in ready office space in a highly desirable location. The property's convenient location offers easy access to local amenities and provides a stunning lakeside setting for clients and employees alike. The address is 120 Broadway Avenue South, Wayzata, MN 55391. This single-tenant office space is perfect for a business seeking a sophisticated and convenient location. The property's modern design and prime location make it an exceptional investment opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,070,581
    Hospitality
    $2,812,635
    Educational
    $2,340,080
    Medical
    $2,420,558
    Retail
    $3,640,124
120 Broadway Ave, Wayzata, Minnesota
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Location Insight

City
Wayzata
County
Hennepin
State
Minnesota
Latitude
44.9719
Longitude
-93.51
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,081
$120,000
$425,000
$545,000
-
$120,000
$425,000
$545,000

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