a Berkshire Hathaway affiliate

$2,850,000

550 Lake Drive, Chanhassen


550 Lake Drive Chanhassen, MN 55317

For Sale MLS# 5253354

11,095 sq ft Commercial

Data current as of {{getLocalTime('2019-11-13T20:35:35Z')}}

Details

MLS# 5253354

Description for 550 Lake Drive, Chanhassen, MN, 55317


Well thought out and built stand-alone building available in Chanhassen's Villages on the Ponds with excellent highway visibility and access. There are a number of major tenants in the development - Total Wine, AmericInn, Culver's, Houlihan's, the Lakewinds Food Co-op, as well as numerous others in the immediate area. The clock tower on the building is consider by many to be a Chanhassen landmark and provides additional visibility to the building. The building has a very open layout thanks to its concrete and steal construction, as well as in-floor heat and high velocity AC (i.e., no air handling ducts). There is just over 10,000 sf available on the main floor, including a drive in loading bay, as well as a 1,024 sf office space on the second floor. The planned unit development (PUD) zoning allows for a variety of potential uses, including restaurant, banking, day care, health club, and medical clinic (see supplements for more approved uses). There is a patio for outdoor seating.

Listing Information


Property Type: Commercial, Office,Other,Retail/Shopping Center

Status: Active

Lot Size: 0.62 Acres

Square Feet: 11,095 sq ft

Year Built: 2001

Foundation: 10,071 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Villages On The Ponds 4th Add

Builder:

Foundation:

Total Units: 1

Current Use: Commercial,Office,Retail,Warehouse

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Carver

Days On Market: 141

HERS Score:

Construction Status: Previously Owned

School Information


District: 112 - East. Carver Cnty Schools

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Basement: None

Accessibility: Wheelchair Ramp, Doors 36"+, Grab Bars In Bathroom, Partially Wheelchair

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common,Electric Common

Other Utilities:

Cooling: Central

Heating: Radiant, Natural Gas, Hot Water, Boiler, In-Floor Heating

Exterior / Lot Features


Garage Spaces: 1

Parking Spaces: 24

Parking Description: Heated Garage, Other, Garage Door Opener, Driveway - Asphalt

Exterior: Other, Brick/Stone, Stucco

Lot View:

Lot Dimensions: 173x139x148x139

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Driving Directions


Hwy 5 to Lake Dr.; south on Lake Dr. to property. Or Hwy 212 to 101; north on 101 to Lake Dr.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type: Owner Occupied

Tax/Property ID: 258460010

Tax Amount: $35,780

Tax Year: 2018

HomeStead Description: Non-Homesteaded

Price Changes


$2,850,000 Original Price
$2,850,000 Current Price
+$0 Total Change
Date Price Change
6/25/2019 12:11 PM $2,850,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 550 Lake Drive

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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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.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

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