14162 Commerce Avenue NE, Prior Lake, MN 55372 (MLS# 7007892)

14162 Commerce Avenue NE, Prior Lake, MN 55372

$1,900,000
Property Type: Commercial Square Footage: 9,340 Lot Size (sq. ft.): 35,719 Status: Active
Current Price: $1,900,000 List Date: 1/12/2026 Last Modified: 6/26/2026

Overview

Listing Details MLS# 7007892

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
18
Owner Occupied
No
Waterfront YN
No
Year Built
1997
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
9340
For Sale or Lease
For Sale
Acres
0.82
Lot Dimensions
170x211
Assessment Pending
No

Property Features

Accessible: No Stairs External; No Stairs Internal; Partially Wheelchair Air Conditioning: Central Air Amenities Unit: Security Lights CMU Style: Business Opportunity; Office; Retail/Shopping Center Construction Materials: Concrete Construction Status: Previously Owned Current Use: Office; Other Exterior: Block Flooring: Carpet Foundation: Slab Fuel: Natural Gas Heating: Forced Air Lot Description: Public Transit (w/in 6 blks) On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot Road Frontage: City Street Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Tenant Pays: Common Area Maintenance; Taxes Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1900000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
14162
Street Name
Commerce
Street Suffix
Avenue
Street Direction Suffix
NE
Postal City
Prior Lake
County
Scott
State
MN
Zip Code
55372
Complex/Dev/Subdivision
James 1st Add

Assessments

Assessment Balance
29752
Tax With Assessments
2975

Building Information

Building Finished SqFt
9340
Building SqFt
9340
Ceiling Height
8-10

More Information

Income and Expenses

Annual Gross Expenses
50000
Annual Gross Income
141100
Annual Net Income
90110
Total Annual Expenses
50000

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 1

Unit Number
100-200
Level
Main Level
Unit Total SqFt
3120
Lease Expiration Date
2026-10-31

Unit 2

Lease Expiration Date
2029-09-30
Level
Main Level
Unit Number
300
Unit Total SqFt
1550

Unit 3

Lease Expiration Date
2027-07-31
Level
Main Level
Unit Number
400
Unit Total SqFt
1569

Unit 4

Level
Main Level
Unit Number
500
Unit Total SqFt
1268

Unit 5

Lease Expiration Date
2025-12-31
Level
Main Level
Unit Number
600
Unit Total SqFt
1891

Unit Details

Total Units
6
IDX
Listing Office: RE/MAX Advantage Plus
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.