106 Broadway Ave S 5,190 SF 100% Leased Office Building Wayzata, MN 55391 $2,699,054 CAD ($520.05 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy Traffic
- Onsite parking
- Beautiful millwork
EXECUTIVE SUMMARY
Highly sought after freestanding office building, with prime corner location at Wayzata Blvd and Broadway just two blocks North of Lake Street and the waters edge of Lake Minnetonka.5,190 SF brick two story with 3,460 above ground was custom built with a nice combination of private offices, open spaces, off street parking and professional landscaping. Located 12 miles West of downtown Minneapolis, Wayzata is a vibrant business community with tremendous growth including new restaurants, shops, the Landing Hotel & the Panoway on Wayzata Bay.
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
5,190 SF
Building Class
B
Year Built
2006
Price
$2,699,054 CAD
Price Per SF
$520.05 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,730 SF
Building FAR
0.79
Lot Size
0.15 AC
Zoning
Commercial
Parking
8 Spaces (1.54 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
1 of 1
PROPERTY TAXES
| Parcel Number | 06-117-22-13-0037 | Total Assessment | $1,955,408 CAD (2023) |
| Land Assessment | $503,230 CAD (2023) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,452,178 CAD (2023) | Tax Year | 2022 Payable 2023 |
