4071 Sunset Dr Spring Park, MN 55384-9632
This exceptional 5,737 square foot office building, situated on a 0.21-acre lot in Spring Park, Minnesota (55384), presents a unique investment opportunity. Built in 1920 and extensively renovated in 1999, the single-story structure boasts a partial second level and a partial basement (excluded from the 5,737 sq ft GBA). Currently configured as a single-tenant office, the property offers stunning views of Lake Minnetonka's West Arm, a convenient drive-in garage, and significant upside potential. The C-1 zoning allows for versatile use, including potential conversion of the upper level to residential or storage space. Its prime location on Sunset Drive and Northern Avenue, directly adjacent to the Dakota Regional Trail, provides excellent visibility and accessibility. Nearby amenities include Mound's downtown area, offering grocery stores, coffee shops, and the Post Office. The property's APN is 17-117-23-33-0082. This is an ideal owner-user opportunity in a highly desirable location. The asking price is $799,000, translating to $139.27 per square foot.
-
Lake Minnetonka Communications Commission Television Studio Media Distribution
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.