For Sale Commercial MLS# 7064657

2434 Commerce Boulevard

Mound, MN 55364

$829,900

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About 2434 Commerce Boulevard

Exceptional opportunity to acquire a well-maintained multi-tenant commercial building in the heart of Mound. This 12-unit office property offers strong in-place income with no current vacancies, making it an ideal investment for both seasoned investors and owner-operators. The property features approximately 4,800+ finished square feet across multiple levels, with a flexible layout that accommodates a variety of professional office uses. Situated on a high-visibility corridor just off Commerce Boulevard, the location provides convenient access for tenants and clients alike, with ample on-site parking and proximity to Lake Minnetonka communities. Additional upside potential exists through future rent optimization and possible leasing of storage areas in the basement.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1985
Stories
Two
Living area
4,833 sqft
Price / sqft
$172
Lot
1.39
Original price
$829,900
MLS #
7064657

Interior

Features
Central Air, Forced Air, Finished, Storage Space, Dishwasher, Refrigerator
Appliances
Dishwasher, Refrigerator
Heating
Forced Air
Cooling
Central Air

Exterior & lot

Features
Vinyl, Parking Lot, Paved Lot
Construction
Two, Block
Foundation
Block
Lot
2311724110001, Professional/Office, Office, Other, Professional Service, Storage Facility
Waterfront
Channel Shore, Lake Front
Parking
Parking Lot, Paved Lot

Schools

District
Westonka Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Common, Heating Common, Hot Water Common
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$16,406
Tax year
2025
Parcel
2311724110001

Location

Subdivision
Auditors Sub 167
County
Hennepin
Community
Hennepin, northstar, Westonka
Directions
On Commerce Blvd, South of Shoreline Drive

Location

Neighborhood
Auditors Sub 167
School district
Westonka Public School District

Ask about this property

Questions on 2434 Commerce Boulevard, Mound, MN 55364, or want to see it in person?

Listed by Geoffrey S Serdar, Compass

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.