1 Premier Drive, Long Lake, MN 55356 (MLS# 6820365)

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
Foundation Size: 19413
For Sale or Lease: For Sale
Acres: 1.39
Lot Dimensions: 204x309
Assessment Pending: Unknown
Garage Stalls: 0

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

Contract Information

Contingency: None
ListPrice: 3200000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: Yes
Street Name: Premier
Street Suffix: Drive
Postal City: Long Lake
County: Hennepin
State: MN
Zip Code: 55356
Complex/Dev/Subdivision: Shaughnessy Circle

Assessments

Tax With Assessments: 51451.76
Assessment Balance: 0

Building Information

Building Finished SqFt: 26820
Building SqFt: 26820
Ceiling Height: Varied Heights

More Information

Income and Expenses

Annual Gross Income: 56201.3

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
Building Sign: Yes
Delivery Door: Yes
Exterior Lighting: Yes
Overhead Doors: Yes
Three Phase: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 34
Township#: 118

Sale Options

Sale Includes: Building, Land, Leases

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

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"+: Yes
Hallways 42"+: Yes

Air Conditioning

Zoned: Yes

Amenities Shared

Fire Sprinkler System: Yes

Assumable Loan

Yes w/ Qualifying: Yes

Construction Materials

Block: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Other: Yes

Exterior

Block: Yes

Flooring

Carpet: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes
Radiant: Yes
Zoned: Yes

Internet Options

Cable: Yes
Fiber Optic: Yes
Satellite: Yes

Lot Description

Corner Lot: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Heat: Yes
Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Maintenance/Repair: Yes
Repairs: Yes
Roof Maintenance: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Parking Lot: Yes
Paved Lot: Yes
Uncovered/Open: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Flat: Yes
Rubber: Yes

Sewer

City Sewer/Connected: Yes

Topography

Level: Yes

Wall Description

Concrete/Block: Yes

Water

City Water/Connected: Yes

Tenant Pays

Telephone: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Freestanding: Yes
Industrial: Yes
Warehouse: Yes

Current Use

Commercial: Yes
Industrial: Yes
Manufacturing: Yes
Warehouse: Yes

Loan Terms

Assumable: Yes
Cash: Yes
Conventional: Yes
Other: Yes

Location Description

Industrial Park: Yes

Potential Use

Income: Yes
Industrial: Yes
Warehouse: Yes

Rent Rate per Foot

Gross: Yes