Address
4205 Lancaster Lane N Plymouth, MN
Price
$ 2,299,000
Property Attributes
  • ML#5429900
  • TypeCommercial
  • CountyHENNEPIN
  • CityPlymouth
  • AreaPlymouth Plaza 4th Add
  • Zip55441
  • StyleOffice
  • Year Built1979
  • Taxes48828
  • Price$ 2,299,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19283
  • Lot Size2.33 Acres
Listing Provided Courtesy Of:
Gold Group Realty, LLC
Property Description

Rarely available, value add investment opportunity. Currently 63% occupied, this property will reap ancillary benefits from the approved development plan across the street at the former 4 Seasons Mall site. Easy to manage, with all triple net leases in place, this well located center is positioned to become a cash-flowing asset for the next owner. LEASING INFO - Vacancies of 433 SF, 769 SF, 1,225 SF, 1,728 SF, and 2,985 SF - Quoting $13-$15 BASE RENT + $8.35 CAM/Taxes.

Price History
1/14/2020 Listed $2,599,000
8/3/2020 12% - $2,299,000

General Features

Contingency None
Property SubType Office
Property Type Commercial Sale
Standard Status Active

Exterior Features

Lot Dimensions Irregular
Lot Size Area 2.33
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55441

Price
AVG $1.03M
$2.3M
Taxes
AVG $29,781
$48,828
Visits
AVG 31
59
Year Built
AVG 1969
1979
Walkscore
AVG 52
44
Data Provided by Walkscore ® not using MLS data

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