612-656-1200

8848 N Zealand Avenue
Brooklyn Park, MN 55445
MLS #4902390

Commercial
  • 0.63acres
$449,999
Est. P&I payment: $1718.69/mo
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Description for 8848 N Zealand Avenue, Brooklyn Park, MN 55445
Completely renovated stand alone office building for sale. No Association Fee. Ample parking on .63 Acre Lot. Updates include: New Roof, Windows, Kitchens, Baths,Office walls,floors,paint etc...Great owner occupied or investor building. Long Term Tenant in approximately 2012 square feet has 2-1/2 years left on current Lease with 2 additional 4 year options with rent increases. Suite B(approx. 1888 sq ft)is occupied by owner and above rents are based tenant rents. 1st showings on unit B only.
MLS #4902390
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My Notes for MLS #4902390

General Features

  • Acres: 0.63
  • Current Use: Professional Service,​Commercial
  • Foreclosure Status: No
  • Year Built: 1985
  • Sale Includes: Building,​Land
  • Total Number of Units: 2
  • Status: Active

Exterior Features

  • Exterior: Block
  • Parking Characteristics: Uncovered/Open
  • Road Frontage: Private,​City,​Paved Streets,​Curbs
  • Lot Dimensions: 134x155x103x79
  • Other Parking Spaces: 30

Interior Features

  • Building Finished Square: 3,900
  • Handicap Accessible: None
  • Basement: None
  • Roof: Asphalt Shingles,​Age 8 Years or Less

Utilities Features

  • Appliances: Microwave,​Dishwasher,​Refrigerator,​Water Softener - Owned,​Disposal
  • Air Conditioning: Central
  • Heating: Forced Air
  • Fuel: Natural Gas
  • Water: City Water/Connected
  • Number of Ranges: None
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual Electric Expense: 1,451
  • Annual Fuel Expense: 766
  • Annual Insurance Expense: 1,802
  • Annual Maintenance Expense: 180
  • Annual Repair Expense: 120
  • Annual Gross Expense: 15,274
  • Total Annual Expenses: 16,881
  • Annual Trash Expense: 114
  • Annual Water/Sewer Expense: 668
  • Total Annual Income: 39,000
  • Unit 1 Monthly Rent: 1,677
  • Unit 2 Monthly Rent: 1,573
  • Total Monthly Income: 3,250
  • Annual Net Income: 22,119
  • Tax Amount: 10,174
  • Tax With Assessments: 10,174
  • Tax Year: 2017
  • Annual Gross Income: 39,000

Community Features

  • County: Hennepin
  • Municipality: Brooklyn Park
  • Postal City: Brooklyn Park (MN)

School Features

  • School District: 279 - Osseo
  • School District Phone: 763-391-7000

Misc Features

  • Amenities - Shared: Lawn Sprinkler
  • Amenities - Unit: In-Ground Sprinkler,​Multiple Phone Lines
  • Foundation Size: 3,900
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No

Location

 
Street View Not Available
Directions to 8848 N Zealand Avenue, Brooklyn Park, MN 55445
Hwy 169 To 85th Avenue East to Xylon Ave N. Turn left(North) to Zealand Avenue N. west to property.
The listing information for 8848 N Zealand Avenue, Brooklyn Park, MN 55445 was graciously provided by our friends at the listing brokerage, RE/MAX Results

Get Financing for 8848 N Zealand Avenue, Brooklyn Park, MN 55445

Wintrust Mortgage
Hudson Murphy
Eagan, MN
(651) 276-2349 Office
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P&I Payment $1718.69
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Last Updated 02/23/2018 at 6:03am
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