$3,200,000
1 Premier Drive
Long Lake, MN 55356
MLS# 6820365



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Property Description
Building Size: 8,738 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Space Available: 5,886 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Acres: 1.39 Acres Percent Leased: 10.63% Annual Gross Rental Income: $51,451.76 per year Year Built: 1984 original building, 1996 Addition Parking: 77 off-street parking stalls Zoning: I-1 Industrial Clear Height: 12 ft. in manufacturing/tech areas, 20 ft. in warehouse area Loading: 4 drive-in doors Power: Heavy 3-phase Roof & HVAC: New rubber membrane roof in 2019; 9 new rooftop HVAC units in 2019; Warehouse is fully heated and air-conditioned Fire Suppression: Wet, fully sprinkled

Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $3,200,000
Contingency: None
ListPrice: 3200000
List Date: 2025-11-20
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 77
Waterfront Present: No
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Industrial
Lot Dimensions: 204x309
Acres: 1.39
Foundation Size: 19413
Garage Stalls: 0
For Sale or Lease: For Sale
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: BLOCK 002 SHAUGHNESSY CIRCLE LOTS 1 AND 2
Listing City: Long Lake
Map Page: 103
Municipality: Long Lake
School District: Orono
School District Phone: 952-449-8305
Zip Plus 4: 5400
Property ID Number: 3411823240067
Tax Year: 2025
Tax Amount: 51451.76
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Building Size: 8,738 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Space Available: 5,886 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Acres: 1.39 Acres Percent Leased: 10.63% Annual Gross Rental Income: $51,451.76 per year Year Built: 1984 original building, 1996 Addition Parking: 77 off-street parking stalls Zoning: I-1 Industrial Clear Height: 12 ft. in manufacturing/tech areas, 20 ft. in warehouse area Loading: 4 drive-in doors Power: Heavy 3-phase Roof & HVAC: New rubber membrane roof in 2019; 9 new rooftop HVAC units in 2019; Warehouse is fully heated and air-conditioned Fire Suppression: Wet, fully sprinkled
Directions: 1 block south of Wayzata Boulevard in Long Lake's industrial park. Located across the street from the post office.
Accessible
Doors 36"+: 1
Hallways 42"+: 1
Air Conditioning
Zoned: 1
Amenities Shared
Fire Sprinkler System: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 51451.76
Assumable Loan
Yes w/ Qualifying: 1
Building Information
Building Finished SqFt: 26820
Building SqFt: 26820
Ceiling Height: Varied Heights
Construction Materials
Block: 1
Construction Status
Previously Owned: 1
Existing Financing
Other: 1
Exterior
Block: 1
Flooring
Carpet: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Radiant: 1
Zoned: 1
Internet Options
Cable: 1
Fiber Optic: 1
Satellite: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Corner Lot: 1
Miscellaneous Information
Building Sign: 1
Delivery Door: 1
Exterior Lighting: 1
Homestead: No
Overhead Doors: 1
Three Phase: 1
Owner Pays
Electricity: 1
Gas: 1
Heat: 1
Insurance: 1
Janitorial Service: 1
Lawn: 1
Maintenance/Repair: 1
Repairs: 1
Roof Maintenance: 1
Sewer: 1
Snow Removal: 1
Taxes: 1
Trash Collection: 1
Water: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Paved Lot: 1
Uncovered/Open: 1
Public Survey Info
Range#: 23
Section#: 34
Township#: 118
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age 8 Years or Less: 1
Flat: 1
Rubber: 1
Sale Options
Sale Includes: Building, Land, Leases
Sewer
City Sewer/Connected: 1
Topography
Level: 1
Unit Details
Total Units: 3
Wall Description
Concrete/Block: 1
Water
City Water/Connected: 1
Income and Expenses
Annual Gross Income: 56201.3
Tenant Pays
Telephone: 1
On Site Utilities
Electric Common: 1
Heating Common: 1
Hot Water Common: 1
CMU Style
Freestanding: 1
Industrial: 1
Warehouse: 1
Current Use
Commercial: 1
Industrial: 1
Manufacturing: 1
Warehouse: 1
Loan Terms
Assumable: 1
Cash: 1
Conventional: 1
Other: 1
Location Description
Industrial Park: 1
Potential Use
Income: 1
Industrial: 1
Warehouse: 1
Rent Rate per Foot
Gross: 1
Location Tax and Other Information
House Number: 1
Street Name: Premier
Street Suffix: Drive
Postal City: Long Lake
County: Hennepin
State: MN
Zip Code: 55356
Complex/Dev/Subdivision: Shaughnessy Circle
Property Features
Accessible: Doors 36"+; Hallways 42"+
Air Conditioning: Zoned
Amenities Shared: Fire Sprinkler System
Assumable Loan: Yes w/ Qualifying
CMU Style: Freestanding; Industrial; Warehouse
Construction Materials: Block
Construction Status: Previously Owned
Current Use: Commercial; Industrial; Manufacturing; Warehouse
Existing Financing: Other
Exterior: Block
Flooring: Carpet
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air; Radiant; Zoned
Internet Options: Cable; Fiber Optic; Satellite
Loan Terms: Assumable; Cash; Conventional; Other
Location Description: Industrial Park
Lot Description: Corner Lot
Miscellaneous Information: Building Sign; Delivery Door; Exterior Lighting; Overhead Doors; Three Phase
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Owner Pays: Electricity; Gas; Heat; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics: Parking Lot; Paved Lot; Uncovered/Open
Potential Use: Income; Industrial; Warehouse
Rent Rate per Foot: Gross
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Flat; Rubber
Sewer: City Sewer/Connected
Tenant Pays: Telephone
Topography: Level
Wall Description: Concrete/Block
Water: City Water/Connected

IDX
Listing Office: Keller Williams Premier Realty Lake Minnetonka

Last Updated: January - 27 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.