$2,200,000
14162 Commerce Avenue NE Prior Lake, MN 55372
For Sale MLS# 6620829
9,340 sq ft Commercial
Details for 14162 Commerce Avenue NE
MLS# 6620829
Description for 14162 Commerce Avenue NE, Prior Lake, MN, 55372
Great investment opportuniity to own commercial / retail office space on Corner of Couty Rds 13 and 42. Currently, 80% rented with 5 total units.2 other buildings also available in a 3 building package ($327,000 gross annual rent - 3 acres)
Listing Information
Property Type: Commercial, Business Opportunity,Office,Retail/Shopping Center
Status: Active
Lot Size: 0.82 Acres
Square Feet: 9,340 sq ft
Year Built: 1997
Foundation: 9,340 sq ft
Subdivision: James 1st Add
Number Of Units Total: 6
Current Use: Office,Other
County: Scott
Days On Market: 83
Construction Status: Previously Owned
School Information
District: 719 - Prior Lake-Savage Area Schools
Interior Features
Flooring: Carpet
Accessibility: No Stairs External, No Stairs Internal, Partially Wheelchair
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Separate
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 18
Parking Description: Parking Lot
Exterior: Block
Lot Dimensions: 170x211
Zoning: Business/Commercial
Additional Exterior/Lot Features: Public Transit (w/in 6 blks), Land Inclusions - Building,Land, Road Frontage - City
Unit Information
Unit 1 Actual Rent: 4333
Unit 2 Actual Rent: 2346
Unit 3 Actual Rent: 2579
Unit 4 Actual Rent: 2500
Unit 5 Actual Rent: 2500
Driving Directions
Cty Rd 13 & 42
Financial Considerations
Tenant Pays: Taxes
Gross Income: 141100
Expense: 50000
Tax/Property ID: 251940030
Tax Amount: 29874
Tax Year: 2024
HomeStead Description: Non-Homesteaded
Price Changes
| Date | Price | Change |
|---|---|---|
| 10/21/2024 01.55 PM | $2,200,000 |
A broker reciprocity listing courtesy: RE/MAX Advantage Plus
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.
Sales History & Tax Summary for 14162 Commerce Avenue NE
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 14162 Commerce Avenue NE
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.