5421 Feltl Road, Hopkins, MN 55343 (MLS# 6699022)

General Property Information

Lot Measurement: Acres
Management Company Name: Commercial Investors Group
Multiple PIDs?: No
Other Parking Spaces: 86
Year Built: 1997
Yearly/Seasonal: Yearly
Zoning: Other
Foundation Size: 27050
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 2.37
Lot Dimensions: 237x237

Property Features

Accessible: Doors 36"+ Air Conditioning: Central Air Amenities Unit: Ethernet Wired CMU Style: Industrial; Warehouse Construction Materials: Block; Brick; Concrete Construction Status: Previously Owned Current Use: Commercial; Industrial; Office; Warehouse Exterior: Brick/Stone Flooring: Concrete Slab Foundation: Slab Fuel: Electric; Natural Gas Heating: Forced Air Internet Options: Cable; Fiber Optic Location Description: Free Standing Lot Description: Irregular Lot Miscellaneous Information: 220 Volt; 440 Volt; Exterior Lighting; Loading Dock; Overhead Doors On Site Utilities: Electric Common; Electric Separate; Heating Separate; Hot Water Common Overhead Door Clearance: 10-14 Feet Parking Characteristics: Parking Lot Rental License Type: Other Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: One Wall Description: Concrete/Block; Drywall; Finished Water: City Water/Connected Window Features: Aluminum Frames

Contract Information

Contingency: None
ListPrice: 3500000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 5421
Street Name: Feltl
Street Suffix: Road
Postal City: Hopkins
County: Hennepin
State: MN
Zip Code: 55343
Complex/Dev/Subdivision: Opus 2 09th Add

Assessments

Tax With Assessments: 86594
Assessment Balance: 0

Building Information

Building Finished SqFt: 27050
Building SqFt: 27050
Ceiling Height: 16-20

More Information

Income and Expenses

Annual Electric Expense: 5748
Annual Fuel Expense: 6085
Annual Gross Expenses: 176963
Annual Gross Income: 434880
Annual Insurance Expense: 11274
Annual Trash Expense: 4157
Annual Water/Sewer Expense: 2466

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
220 Volt: Yes
440 Volt: Yes
Exterior Lighting: Yes
Loading Dock: Yes
Overhead Doors: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 10x10
Garage Door Height: 10
Garage Door Width: 10
Parking Lot: Yes

Public Survey Info

Range#: 22
Section#: 36
Township#: 117

Sale Options

Sale Includes: Building, Land

Unit 1

Unit Number: 140
Monthly Rent: 4207
Level: Main Level
Leased?: Yes
Lease Expiration Date: 2028-04-28

Unit Details

Total Units: 5

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 002 BLOCK 004 OPUS 2 09TH ADDN
Listing City: Minnetonka
Map Page: 119
Municipality: Minnetonka
School District: Hopkins
School District Phone: 952-988-4000
Property ID Number: 3611722220006
Tax Year: 2025
Tax Amount: 86594
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Commercial Investors Group is offering Minnetonka Tech, a 27,050 sq ft industrial property located at 5421 Feltl Rd in Minnetonka, MN, priced at $3,500,000. Zoned for industrial use, this dynamic site features 5 office/warehouse suites ranging from 4,000 to 7,500 sq ft, each suite has a drive or loading dock and are separately metered. The property has 2 drive-in doors, 5 loading docks, and 90 parking spaces, ideal for warehousing, distribution, or manufacturing. Currently in the lease-up phase, Minnetonka Tech includes 2 units leased long-term, delivering immediate income with room for expansion. Clear height is 16 feet allowing a variety of uses. Perfectly situated near Highway 169, Bren Rd, and Highway 62, this property offers superior connectivity in a bustling commercial area. Secure this flexible, income-generating industrial asset today or purchase the building for further customization as a owner user with built in revenue.
Directions: Take the Bren Rd exit from US-169 S, Follow Bren Rd E, Turn right on to Feltl Rd, follow until 5421 address.

Accessible

Doors 36"+: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ethernet Wired: Yes

Construction Materials

Block: Yes
Brick: Yes
Concrete: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Flooring

Concrete Slab: Yes

Foundation

Slab: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Cable: Yes
Fiber Optic: Yes

Lot Description

Irregular Lot: Yes

Rental License Type

Other: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Wall Description

Concrete/Block: Yes
Drywall: Yes
Finished: Yes

Water

City Water/Connected: Yes

Window Features

Aluminum Frames: Yes

On Site Utilities

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

CMU Style

Industrial: Yes
Warehouse: Yes

Current Use

Commercial: Yes
Industrial: Yes
Office: Yes
Warehouse: Yes

Location Description

Free Standing: Yes

Overhead Door Clearance

10-14 Feet: Yes