Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

5851 Cedar Lake Road | St. Louis Park, MN
Turnkey Investment or Owner-User Opportunity in the Heart of the West End
The Opportunity
This income-producing office condo generates over $180,000 in annual revenue, offering a rare combination of stability and flexibility. Whether you're an investor seeking a hands-off cash-flowing asset or a business owner looking to occupy space while leasing out the remainder, this property delivers.
Flexible Use Structure
The building's layout supports multiple ownership strategies:
Full owner-occupancy for a growing business needing a professional home base
Partial occupancy with income from leasing the balance
Pure investment hold with existing tenants in place generating strong cash flow
Prime West End Location
Positioned in one of the Twin Cities' fastest-growing submarkets, 5851 Cedar Lake Road puts tenants and owners minutes from the West End's dense mix of retail, dining, and Class A office development — while maintaining the lower overhead of a suburban office park setting. Easy access to Highway 100 and I-394 connects the property to the entire western metro.
Low-Maintenance Ownership
As part of a 12-unit, professionally managed office park, ownership here comes with minimal landlord responsibilities. Common area maintenance, grounds, and building systems are handled at the association level — freeing owners to focus on their business or their return, not building operations.
Investment Highlights
$180,000+ in annual revenue
Flexible owner-occupy/lease-out structure
Located in high-growth West End submarket
Professionally managed 12-unit office park
Minimal landlord/CAM responsibilities
Strong highway access via Hwy 100 & I-394

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,909 SF
Building Class
B
Year Built
1984
Price
$1,860,300 CAD
Price Per SF
$208.81 CAD
Cap Rate
7%
NOI
$130,221 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,455 SF
Slab To Slab
10’
Building FAR
0.49
Lot Size
0.42 AC
Zoning
Commercial
Parking
30 Spaces (3.37 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
04-117-21-34-0036
Land Assessment
$268,297 CAD
Improvements Assessment
$1,082,006 CAD
Total Assessment
$1,350,302 CAD
  • Listing ID: 41838278

  • Date on Market: 2026-08-21

  • Last Updated:

  • Address: 5851 Cedar Lake Rd, Saint Louis Park, MN 55416

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}