510 Chestnut St N Chaska, MN 55318
- Office buildings
- 5,572 SF
- 0.20 lot acres
Current Use by Public Records
- Title Mark / Title Company
- Jessica Gorres-Coldwell Banker Burnet / Real Estate Agent
- John Schuster Group | Coldwell Banker Burnet / Real Estate Agents
- Burnet Title / Title Company
- Title Mark - Chaska / Title Company
Property Details for 510 Chestnut St N
- Year built
- 1990
- Lot size
- 0.20 lot acres
- Property size
- 5,572 SF
- Property type
- Office buildings
- APN
- 30-1210020
- APU
- 301210020
Description
This exceptional 1,000-square-foot executive office suite is ideally located at 510 Chestnut Street North. The space is currently vacant and ready for immediate occupancy, offering a single-tenant configuration perfect for a discerning business seeking a prestigious address. The property is classified as an office building and specifically designated as an executive office suite, suggesting a high level of finish and amenities. The single-tenant occupancy ensures privacy and control over the entire space, eliminating the need to share common areas with other businesses. The 1,000 square feet provide ample room for a variety of office layouts, accommodating teams of various sizes. Given its classification as an "executive suite," potential tenants can anticipate a higher level of quality and sophistication in the building's design and infrastructure. The address, 510 Chestnut Street North, implies a desirable location, likely within a well-established business district. This property presents a unique opportunity for a company seeking a move-in ready, high-quality executive office space in a prime location. Interested parties are encouraged to inquire further to learn more about lease terms and specific building features. The property is available for lease immediately. This is a single-tenant space, offering complete privacy and control.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,175,000
- 6.5%
- $1,085,000
- 7%
- $1,010,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,061,000
- AI Estimate
- $755,000
Market price range: $722k - $1.51MMarket price range: $468k - $1.04M
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Location Insight
- Map
- Local Demand
- City
- Chaska
- County
- Carver
- State
- Minnesota
- Longitude
- -93.6013
- Latitude
- 44.7888
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA