550 Lake Drive, Chanhassen, MN 55317

$2,650,000
Property Type: Commercial Lot Size (sq. ft.): 28,750 Status: Closed
Current Price: $2,650,000 List Date: 8/01/2022 Last Modified: 8/07/2025

Overview

Description

The iconic clock tower of this stand alone building makes it an easy to identify location for any business. High quality materials, construction and design make this a one of a kind property. In floor heat, state of the art air exchange system, new roof. Conveniently located in Chanhassen, off County Road 101 and Hwy5. Neighboring businesses include Total Wine, Foss Swim school, Houlihans's and AmericaInn.

Listing Details MLS# 6247062

General Property Information

Living Area Units
Square Feet
Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
24
Year Built
1999
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
10071
For Sale or Lease
For Sale
Acres
0.66
Lot Dimensions
173x139x148x139
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: Partially Wheelchair Air Conditioning: Central Air Amenities Shared: Patio Appliances: Air-To-Air Exchanger; Refrigerator CMU Style: Office; Retail/Shopping Center Construction Status: Previously Owned Current Use: Business Service; Commercial; Food Service; Office; Professional Service; Retail Exterior: Brick/Stone; Stucco Financing Terms: Conventional Fuel: Natural Gas Heating: Boiler; In-Floor Heating Loan Terms: Cash; Conventional On Site Utilities: Electric Common; Heating Common; Hot Water Common Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Off Market Date
2023-07-17
Closed Date
2023-11-17
Sales Close Price
2650000
Contingency
None
ListPrice
2850000
Owner is an Agent?
No

Location Tax and Other Information

House Number
550
Street Name
Lake
Street Suffix
Drive
Postal City
Chanhassen
County
Carver
State
MN
Zip Code
55317
Complex/Dev/Subdivision
Villages On The Ponds 4th Add

Assessments

Assessment Balance
132
Tax With Assessments
35364

Building Information

Building Finished SqFt
11095

More Information

Lease Details

Land Leased
Not Applicable
Monthly Land Lease Amt
0

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
13
Township#
116

Sale Options

Sale Includes
Building, Land

Unit Details

Total Units
Yes

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

Legal Description
SUBDIVISIONNAME VILLAGES ON THE PONDS 4TH ADDN LOT 001 BLOCK 001 SUBDIVISIONCD 25846 SECTION 13 TOWNSHIP 116 RANGE 023
Listing City
Chanhassen
Map Page
132
Rental License?
No
School District
Eastern Carver County Schools
Map Coordinate Source
RETS
Zip Plus 4
9378
Property ID Number
258460010
Tax Year
2021
Tax Amount
34232
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
The iconic clock tower of this stand alone building makes it an easy to identify location for any business. High quality materials, construction and design make this a one of a kind property. In floor heat, state of the art air exchange system, new roof. Conveniently located in Chanhassen, off County Road 101 and Hwy5. Neighboring businesses include Total Wine, Foss Swim school, Houlihans's and AmericaInn.
Directions
Hwy 5 to Market Blvd S to Lake Dr

Accessible

Partially Wheelchair
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Patio
Yes

Appliances

Air-To-Air Exchanger
Yes
Refrigerator
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Financing Terms

Conventional
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
In-Floor Heating
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Office
Yes
Retail/Shopping Center
Yes

Current Use

Business Service
Yes
Commercial
Yes
Food Service
Yes
Office
Yes
Professional Service
Yes
Retail
Yes

Loan Terms

Cash
Yes
Conventional
Yes
Listing Office: Keller Williams Premier Realty Lake Minnetonka
IDX
Last Updated: August - 07 - 2025
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.