10730 Highway 55, Minneapolis, MN 55441 (MLS# 7043444)

10730 Highway 55, Minneapolis, MN 55441

$1,595,000
Property Type: Commercial Square Footage: 7,580 Lot Size (sq. ft.): 27,878 Status: Active
Current Price: $1,595,000 List Date: 3/26/2026 Last Modified: 6/26/2026

Overview

Description

Property Specifications: Building Size: 7,580 sf Lot Size: .64 acres Year Built: 1970 Units: 3 tenants Property Taxes: $31,043 Parking: 25 stalls Traffic Counts: 35,500 per day off Highway 55 Zoning: C-3 Highway Commercial

Listing Details MLS# 7043444

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
25
Waterfront YN
No
Year Built
1970
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
7580
For Sale or Lease
For Sale
Acres
0.64
Lot Dimensions
155x181
Assessment Pending
Unknown

Property Features

Accessible: Doors 36"+ Air Conditioning: Central Air Assumable Loan: Not Assumable Basement: Partially Finished CMU Style: Freestanding; Office; Retail/Shopping Center Construction Materials: Block Construction Status: Previously Owned Current Use: Business Service; Commercial; Office; Professional Service; Retail Existing Financing: Conventional Exterior: Block; Brick/Stone; Stucco Flooring: Carpet; Concrete Slab Foundation: Brick/Mortar; Slab Fuel: Electric; Natural Gas Heating: Forced Air Internet Options: Cable; Fiber Optic Loan Terms: Cash; Conventional Location Description: Free Standing; Strip Center Lot Description: Irregular Lot Miscellaneous Information: Display Window; Exterior Lighting; Three Phase On Site Utilities: Electric Separate; Heating Separate; Hot Water Common Owner Pays: Roof Maintenance Parking Characteristics: Parking Lot; Paved Lot; Uncovered/Open Potential Use: Income; Office; Professional; Restaurant; Retail Rent Rate per Foot: Net Road Frontage: City Street; Highway Roof: Age Over 8 Years; Flat Sewer: City Sewer/Connected Stories: One Tenant Pays: All Utilities; Common Area Maintenance; Electricity; Exterior Maintenance; Fuel; Grounds Care; Heat; Insurance; Janitorial Service; Maintenance/Repair; Management; Security; Sewer; Snow Removal Topography: Level Wall Description: Concrete/Block Water: City Water/Connected Window Features: Aluminum Frames; Display Window(s)

Contract Information

Contingency
None
ListPrice
1595000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
10730
Street Name
Highway 55
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55441
Complex/Dev/Subdivision
Schiebes Highland View Add

Assessments

Tax With Assessments
31043

Building Information

Building Finished SqFt
7580
Building SqFt
7580
Ceiling Height
8-10

More Information

Income and Expenses

Annual Gross Expenses
64786
Annual Gross Income
204378
Annual Net Income
139592
Total Annual Expenses
64786

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
36
Township#
118

Sale Options

Sale Includes
Building, Land, Leases

Unit 1

Unit Number
10760
Monthly Rent
5910
Level
Main Level
Unit Total SqFt
3000
Leased?
Yes
Lease Expiration Date
2031-02-28

Unit 2

Lease Expiration Date
2028-02-29
Leased?
Yes
Level
Main Level
Monthly Rent
40680
Unit Number
10740
Unit Total SqFt
2260

Unit 3

Lease Expiration Date
2030-08-31
Leased?
Yes
Level
Main Level
Monthly Rent
41760
Unit Number
10730
Unit Total SqFt
2320

Unit Details

Total Units
3
IDX
Listing Office: Keller Williams Premier Realty Lake Minnetonka
Last Updated: June - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.