4301 Highway 13 W, Savage, MN 55378 (MLS# 7008036)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 63
Owner Occupied: No
Waterfront Present: No
Year Built: 1982
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 19489
For Sale or Lease: For Sale
Acres: 1.87
Lot Dimensions: 63x89x213x309x282x178
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: No Stairs External; No Stairs Internal; Other Air Conditioning: Central Air CMU Style: Retail/Shopping Center Construction Materials: Concrete Construction Status: Previously Owned Current Use: Other; Restaurant; Retail Exterior: Other Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Location Description: Downtown; Strip Center Miscellaneous Information: 2+ Lavatories; Building Sign; Exterior Lighting On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Paved Lot Potential Use: Other; Restaurant; Retail Rent Rate per Foot: Net Road Frontage: City Street Roof: Age Over 8 Years; Asphalt-Rolled; Flat Sewer: City Sewer/Connected Stories: One Topography: Level Wall Description: Concrete/Block Water: City Water/Connected

Contract Information

Contingency: Inspection
ListPrice: 2500000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4301
Street Name: Highway 13
Street Direction Suffix: W
Postal City: Savage
County: Scott
State: MN
Zip Code: 55378
Complex/Dev/Subdivision: Hansons 1st Add

Assessments

Tax With Assessments: 51830
Assessment Balance: 0

Building Information

Building Finished SqFt: 19489
Building SqFt: 19489

More Information

Income and Expenses

Annual Gross Income: 185301.83
Annual Net Income: 177319.44
Total Annual Expenses: 7982.39
Annual Gross Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
2+ Lavatories: Yes
Building Sign: Yes
Exterior Lighting: Yes

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building

Unit Details

Total Units: 10

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: Lengthily, legal to govern
Listing City: Savage
Map Page: 148
Municipality: Savage
School District: Burnsville-Eagan-Savage
School District Phone: 952-707-2000
Property ID Number: 260060020
Tax Year: 2025
Tax Amount: 51830
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great financial opportunity. Fully leased strip mall with long-term tenants and excellent payment history. Each unit has their own meter, HVAC unit, bathroom and exterior entrance. Unobstructed exposure to MN Hwy 13 with an average of 44,000 vehicles per day. Please do not disturb tenants.
Directions: MN Hwy 13 to Lynn Ave S to 123rd St W (E). No sign on property.

Accessible

No Stairs External: Yes
No Stairs Internal: Yes
Other: Yes

Air Conditioning

Central Air: Yes

Construction Materials

Concrete: Yes

Construction Status

Previously Owned: Yes

Exterior

Other: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Paved Lot: Yes

Road Frontage

City Street: Yes

Roof

Age Over 8 Years: Yes
Asphalt-Rolled: Yes
Flat: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Topography

Level: Yes

Wall Description

Concrete/Block: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Separate: Yes

CMU Style

Retail/Shopping Center: Yes

Current Use

Other: Yes
Restaurant: Yes
Retail: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Location Description

Downtown: Yes
Strip Center: Yes

Potential Use

Other: Yes
Restaurant: Yes
Retail: Yes

Rent Rate per Foot

Net: Yes