1801 Commerce Boulevard, Mound, MN 55364

$2,100,000
Property Type: Commercial Lot Size (sq. ft.): 93,654 Status: Active
Current Price: $2,100,000 List Date: 11/11/2025 Last Modified: 1/27/2026

Overview

Description

RARE 2+ ACRE LAKE MINNETONKA DEVELOPMENT OPPORTUNITY IN MOUND: **This is an exceptional opportunity for visionary business owners and/or developers in a prime Lake Minnetonka location. This expansive 2+ acre property, with 5000+ sq. ft. of existing commercial, mixed/use space, offers stunning natural surroundings and significant potential for a variety of commercial uses. **Owned by the well-established Huber Funeral Homes, who are relocating their successful Mound business (including pre-arrangements) to their other (2) local sites in Excelsior and Eden Prairie which provides a huge opportunity for the right business! **Future possibilities include but not limited to: Grocery store (Aldi, Lunds & Byerly's, Kowalski's, Cub) Hotel, restaurant, Showrooms for products (Cambria, Slumberland, etc) church/ministry, pharmacy/drug store, bank, salon/spa, luxury high-end car sales w/limited inventory, hospital/urgent care, medical office, dental office, sports gym, event center, banquet hall, chiropractic, orthopedic, recording studios, dance studios, professional service... to name a few. **More than ample 60 parking spots for high-traffic businesses with woodlands & wildlife to the West and North, directly across from Harrison Bay on Lake Minnetonka. With Harrison Bay Senior Living next door to the south. **Attached are (3) car tuck-under garages with separate living on the north side of building including (2) bedrooms, kitchen, living room, porch and a private entrance. The existing building includes large meeting areas on the main level, which are perfect for product showrooms. **All just a few blocks north of 100's of local shops including, coffee, gas stations and restaurants with many new developments including the upper bracket town homes complex, Artessa by Cook's Bay. **Seize this chance to bring your vision to life in a sought-after, up & coming Gateway new development community!

Listing Details MLS# 6815092

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Road Btwn WF & Home?
Yes
Waterfront Present
No
Year Built
1955
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
5329
Garage Stalls
3
Lake/Waterfront Name
Minnetonka
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
2.15
Lot Dimensions
566 x 165
Other Parking Spaces
0

Property Features

Accessible: Grab Bars In Bathroom; Wheelchair Ramp Air Conditioning: Central Air Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range; Refrigerator Assumable Loan: Not Assumable Basement: Concrete Block; Owner Access CMU Style: Attached Building; Business Opportunity; Freestanding; Funeral Home; Mixed Use; Office; Retail/Shopping Center Commercial Kitchen Appliances: Dishwasher; Oven; Refrigerator Construction Materials: Concrete Construction Status: Previously Owned Current Use: Commercial; Professional Service Exterior: Brick/Stone; Stucco; Vinyl Fencing: None Flooring: Carpet; Luxury Vinyl Tile Foundation: Concrete Block; Slab Fuel: Natural Gas Heating: Baseboard; Forced Air Internet Options: Cable Loan Terms: Cash; Conventional Location Description: Free Standing Lock Box Type: Supra Lot Description: Tree Coverage - Medium On Site Utilities: Electric Common Overhead Door Clearance: 0-9 Feet Parking Characteristics: Multiple Garages; Parking Lot; Paved Lot; Tuckunder Garage Pool Description: None Potential Use: Diversified; Grocery; Income; Lounge/Bar; Motel/Hotel; Office; Other; Professional; Rest/Lounge; Restaurant; Retail; Shop; Warehouse Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Shared Rooms: Business Center; Community Room Stories: One Topography: Wooded Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
2100000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1801
Street Name
Commerce
Street Suffix
Boulevard
Postal City
Mound
County
Hennepin
State
MN
Zip Code
55364

Assessments

Tax With Assessments
15045
Assessment Balance
0

Basement

Foundation Dimensions
73 x 73
Concrete Block
Yes
Owner Access
Yes

More Information

Building Information

Building Finished SqFt
5092
Building SqFt
5092
Ceiling Height
8-10

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
MAAR
Supra
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
27 x 26
Garage Door Height
7
Garage Door Width
15
Garage Square Feet
728
Multiple Garages
Yes
Parking Lot
Yes
Paved Lot
Yes
Tuckunder Garage
Yes

Public Survey Info

Range#
24
Section#
14
Township#
117

Sale Options

Sale Includes
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land

Unit 2

No. of 2 Bedroom Units
2

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
UNPLATTED 14 117 24 E 606 02/100 FT OF N 10 RODS OF GOVT LOT 1 EX ROAD
Listing City
Mound
Map Page
102
Municipality
Mound
School District
Westonka
School District Phone
952-491-8001
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
2154
Property ID Number
1411724140002
Tax Year
2025
Tax Amount
15045
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
Yes

Directions & Remarks

Public Remarks
RARE 2+ ACRE LAKE MINNETONKA DEVELOPMENT OPPORTUNITY IN MOUND: **This is an exceptional opportunity for visionary business owners and/or developers in a prime Lake Minnetonka location. This expansive 2+ acre property, with 5000+ sq. ft. of existing commercial, mixed/use space, offers stunning natural surroundings and significant potential for a variety of commercial uses. **Owned by the well-established Huber Funeral Homes, who are relocating their successful Mound business (including pre-arrangements) to their other (2) local sites in Excelsior and Eden Prairie which provides a huge opportunity for the right business! **Future possibilities include but not limited to: Grocery store (Aldi, Lunds & Byerly's, Kowalski's, Cub) Hotel, restaurant, Showrooms for products (Cambria, Slumberland, etc) church/ministry, pharmacy/drug store, bank, salon/spa, luxury high-end car sales w/limited inventory, hospital/urgent care, medical office, dental office, sports gym, event center, banquet hall, chiropractic, orthopedic, recording studios, dance studios, professional service... to name a few. **More than ample 60 parking spots for high-traffic businesses with woodlands & wildlife to the West and North, directly across from Harrison Bay on Lake Minnetonka. With Harrison Bay Senior Living next door to the south. **Attached are (3) car tuck-under garages with separate living on the north side of building including (2) bedrooms, kitchen, living room, porch and a private entrance. The existing building includes large meeting areas on the main level, which are perfect for product showrooms. **All just a few blocks north of 100's of local shops including, coffee, gas stations and restaurants with many new developments including the upper bracket town homes complex, Artessa by Cook's Bay. **Seize this chance to bring your vision to life in a sought-after, up & coming Gateway new development community!
Directions
Hwy 12 west to County 6 south to 110.

Accessible

Grab Bars In Bathroom
Yes
Wheelchair Ramp
Yes

Air Conditioning

Central Air
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Assumable Loan

Not Assumable
Yes

Construction Materials

Concrete
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes
Vinyl
Yes

Fencing

None
Yes

Flooring

Carpet
Yes
Luxury Vinyl Tile
Yes

Foundation

Concrete Block
Yes
Slab
Yes

Fuel

Natural Gas
Yes

Heating

Baseboard
Yes
Forced Air
Yes

Internet Options

Cable
Yes

Lake/Waterfront

Lake View
Yes

Lot Description

Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Rear Porch
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Shared Rooms

Business Center
Yes
Community Room
Yes

Stories

One
Yes

Topography

Wooded
Yes

Water

City Water/Connected
Yes

No. of Ranges

One
Yes

No. of Refrigerators

One
Yes

On Site Utilities

Electric Common
Yes

CMU Style

Attached Building
Yes
Business Opportunity
Yes
Freestanding
Yes
Funeral Home
Yes
Mixed Use
Yes
Office
Yes
Retail/Shopping Center
Yes

Commercial Kitchen Appliances

Dishwasher
Yes
Oven
Yes
Refrigerator
Yes

Current Use

Commercial
Yes
Professional Service
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Free Standing
Yes

Overhead Door Clearance

0-9 Feet
Yes

Potential Use

Diversified
Yes
Grocery
Yes
Income
Yes
Lounge/Bar
Yes
Motel/Hotel
Yes
Office
Yes
Other
Yes
Professional
Yes
Rest/Lounge
Yes
Restaurant
Yes
Retail
Yes
Shop
Yes
Warehouse
Yes
Listing Office: Up Front Homes
IDX
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.