$2,300,000
MLS# 7030374
19962 sqft
1 / 16
Property Description
Welcome to this standout 19,962 SF office building built in 2002. This wellmaintained property features a versatile layout that accommodates a variety of office needs, along with room for potential expansion. Situated in the growing Prior Lake area, it offers excellent visibility, convenient access, and a professional setting ideal for businesses looking to establish or grow their presence. With its flexible design and prime location, this property is ready to support a wide range of commercial uses. The current tenant occupies approximately 25% of the building and is open to vacating at closing or entering into a leaseback agreement, providing flexibility for an owner-user or investor.
Details
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $2,300,000
Contingency: None
ListPrice: 2300000
List Date: 2026-03-03
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 0
Owner Occupied: Yes
Waterfront YN: No
Year Built: 2002
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 8.95 AC
Acres: 8.95
Foundation Size: 21000
Garage Stalls: 60
For Sale or Lease: For Sale
Assessment Pending: Yes
Location, Tax and Other Information
Legal Description: SUBDIVISIONNAME WATERFRONT PASSAGE ADDN LOT 001 BLOCK 002 SUBDIVISIONCD 25296 LYING SE OF LINE COM MOST ERLY COR, W ALONG N LINE 131.41', NW ALONG N LINE 79.85', NW ALONG N LINE 593.15' TO POB, S 61-45-56 W 106', S 33-45-56 W 70', S 14-15-56 W 70', S 48-45-56 W 87', S 75-45-56 E 185.99' TO W LINE OF LOT & THERE TERMINATING EX COM NW COR 2-2, N 147', CURVE NE 26.08', N 82-30-56 E 195.73', S 85-59-04 E 217.67', S 412.6' W 100.52', N 228', W 310' TO POB
Listing City: Prior Lake
Map Page: 161
Municipality: Prior Lake
School District: Prior Lake-Savage Area Schools
School District Phone: 952-226-0000
Zip Plus 4: 8561
Property ID Number: 252960020
Tax Year: 2025
Tax Amount: 78374
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome to this standout 19,962 SF office building built in 2002. This wellmaintained property features a versatile layout that accommodates a variety of
office needs, along with room for potential expansion. Situated in the growing Prior
Lake area, it offers excellent visibility, convenient access, and a professional setting
ideal for businesses looking to establish or grow their presence. With its flexible
design and prime location, this property is ready to support a wide range of
commercial uses.
The current tenant occupies approximately 25% of the building and is open to
vacating at closing or entering into a leaseback agreement, providing flexibility for
an owner-user or investor.
Directions: MN-13 to 150th St SE, west to Cottonwood Ln SE, north to 5505 Cottonwood Ln SE.
Accessible
No Stairs Internal: 1
Other: 1
Air Conditioning
Central Air: 1
Amenities Shared
Patio: 1
Amenities Unit
Exercise Room: 1
Patio: 1
Security System: 1
Appliances
Refrigerator: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 78374
Basement
None: 1
Building Information
Building Finished SqFt: 19962
Building SqFt: 19962
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Flooring
Carpet: 1
Foundation
Other: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Irregular Lot: 1
Tree Coverage - Light: 1
Miscellaneous Information
Homestead: No
Kitchen Facilities: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Patio, Porch and Deck Features
Patio: 1
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
Roof
Asphalt Shingles: 1
Sale Options
Sale Includes: Building, Land, Leases
Sewer
City Sewer/Connected: 1
Stories
One: 1
Unit 1
Leased?: No
Level: Main Level
Unit Number: 1
Unit Total SqFt: 14000
Unit Details
Total Units: 1
Water
City Water/Connected: 1
No. of Refrigerators
One: 1
On Site Utilities
Electric Common: 1
Heating Common: 1
CMU Style
Business Opportunity: 1
Freestanding: 1
Office: 1
Current Use
Office: 1
Loan Terms
Cash: 1
Conventional: 1
Location Description
Free Standing: 1
Potential Use
Office: 1
Professional: 1
Rent Rate per Foot
Other: 1
Location Tax and Other Information
Postal City: Prior Lake
County: Scott
State: MN
Zip Code: 55372
Complex/Dev/Subdivision: Waterfront Passage Add
Property Features
Accessible: No Stairs Internal; Other
Air Conditioning: Central Air
Amenities Shared: Patio
Amenities Unit: Exercise Room; Patio; Security System
Appliances: Refrigerator
Basement: None
CMU Style: Business Opportunity; Freestanding; Office
Construction Status: Previously Owned
Current Use: Office
Exterior: Brick/Stone
Flooring: Carpet
Foundation: Other
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Free Standing
Lot Description: Irregular Lot; Tree Coverage - Light
Miscellaneous Information: Kitchen Facilities
On Site Utilities: Electric Common; Heating Common
Parking Characteristics: Parking Lot
Potential Use: Office; Professional
Rent Rate per Foot: Other
Road Frontage: City Street; Curbs; Paved Streets
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected
Listing Office: eXp Realty
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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.