2434 Commerce Boulevard, Mound, MN
$829,900 - Lake Minnetonka
4,833
Square feet
1.39
Acres
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.
Features of 2434 Commerce Boulevard
| MLS® # | 7064657 |
|---|---|
| Price | $829,900 |
| Square Footage | 4,833 |
| Acres | 1.39 |
| Year Built | 1985 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
| Lake Name | Lake Minnetonka |
Community Information
| Address | 2434 Commerce Boulevard |
|---|---|
| Subdivision | Auditors Sub 167 |
| City | Mound |
| County | Hennepin |
| State | MN |
| Zip Code | 55364 |
Amenities
| Utilities | Electric Common, Heating Common, Hot Water Common |
|---|---|
| Parking | Parking Lot, Paved Lot |
| Is Waterfront | Yes |
| Waterfront | Channel Shore, Lake Front |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Refrigerator |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Storage Space |
Exterior
| Exterior Features | Vinyl |
|---|
School Information
| District | Westonka |
|---|
Additional Information
| Zoning | Business/Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $16,406 |
| Tax Year | 2025 |
| Office | Compass |
Listing Details
| Office | Compass |
|---|