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Investment Highlights

  • RARE 2+ ACRE LAKE MINNETONKA DEVELOPMENT OPPORTUNITY IN MOUND: **This is an exceptional opportunity for visionary business owners and/or developers

Executive Summary

RARE 2+ ACRE LAKE MINNETONKA DEVELOPMENT OPPORTUNITY IN MOUND: **This is an exceptional opportunity for visionary business owners and/or developers in a prime Lake Minnetonka location. This expansive 2+ acre property, with 5000+ sq. ft. of existing commercial, mixed/use space, offers stunning natural surroundings and significant potential for a variety of commercial uses. **Owned by the well-established Huber Funeral Homes, who are relocating their successful Mound business (including pre-arrangements) to their other (2) local sites in Excelsior and Eden Prairie which provides a huge opportunity for the right business! **Future possibilities include but not limited to: Hotel, restaurant, Showrooms, church/ministry, pharmacy/drug store, bank, salon/spa, grocery store, luxury high-end car sales, hospital/urgent care, medical office, dental office, sports gym, event center, banquet hall, chiropractic, orthopedic, professional service... to name a few. **More than ample 60 parking spots for high-traffic businesses with woodlands & wildlife to the West and North, directly across from Harrison Bay on Lake Minnetonka. With Harrison Bay Senior Living next door to the south. **Attached are (3) car tuck-under garages with separate living on the north side of building including (2) bedrooms, kitchen, living room, porch and a private entrance. The existing building includes large meeting areas on the main level, which are perfect for product showrooms. **All just a few blocks north of 100's of local shops including, coffee, gas stations and restaurants with many new developments including the upper bracket town homes complex, Artessa by Cook's Bay. **Seize this chance to bring your vision to life in a sought-after, up & coming Gateway new development community!

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Funeral Home
Building Size
5,092 SF
Building Class
C
Year Built
1955
Price
$2,876,391 CAD
Price Per SF
$564.88 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.15 AC
Zoning
Commericial, Mixed use
Parking
40 Spaces (7.86 Spaces per 1,000 SF Leased)
Frontage
226’ on Commerce Blvd

Amenities

  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Huber Funeral Homes-Cremation
  • Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Huber Funeral Homes-Cremation Services - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Anytime Fitness
U.S. Bank
Caribou Coffee

Property Taxes

Property Taxes

Parcel Number
14-117-24-14-0002
Land Assessment
$895,790 CAD
Improvements Assessment
$2,739 CAD
Total Assessment
$898,530 CAD
  • Listing ID: 38492792

  • Date on Market: 2025-11-18

  • Last Updated:

  • Address: 1801 Commerce Blvd, Mound, MN 55364

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