7630 145th Street W, Apple Valley, MN 55124

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 27
Owner Occupied: No
Waterfront Present: No
Year Built: 1979
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 2344
For Sale or Lease: For Sale
Acres: 0.52
Lot Dimensions: 197x115
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: Wheelchair Ramp; Other Air Conditioning: Central Air Assumable Loan: Not Assumable Basement: Full CMU Style: Business Opportunity; Office; Retail/Shopping Center Construction Status: Previously Owned Current Use: Beauty/Barber Shop; Business Service; Commercial; Office; Other; Professional Service; Retail; Vacant Exterior: Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Baseboard; Forced Air Loan Terms: Cash; Contract for Deed; Conventional; Other Location Description: Free Standing Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light On Site Utilities: Electric Common; Heating Common; Hot Water Common Owner Pays: All Utilities; Electricity; Fuel; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection Parking Characteristics: Parking Lot; Paved Lot; Unassigned; Uncovered/Open Pool Description: None Rent Rate per Foot: Gross Rental License Type: Standard Road Frontage: City Street; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles; Pitched Sewer: City Sewer/Connected Stories: Three Or More Topography: Level Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 850000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 7630
Street Name: 145th
Street Suffix: Street
Street Direction Suffix: W
Postal City: Apple Valley
County: Dakota
State: MN
Zip Code: 55124
Complex/Dev/Subdivision: Valley Comm Park 2nd

Assessments

Tax With Assessments: 19866
Assessment Balance: 0
Assessment Installment: 0

Building Information

Building Finished SqFt: 8236
Building SqFt: 8236

More Information

Income and Expenses

Annual Electric Expense: 2220
Annual Fuel Expense: 2460
Annual Gross Expenses: 26586
Annual Gross Income: 114660
Annual Net Income: 88074
Annual Trash Expense: 1200
Annual Water/Sewer Expense: 280
Total Annual Expenses: 26586
Annual Caretaker Expense: 0
Annual Maintenance Expense: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR
Combo: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 20
Section#: 28
Township#: 115

Sale Options

Sale Includes: Building, Land, Leases

Unit 1

Unit Number: Yes

Unit Details

Total Units: 14

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: VALLEY COMMERCIAL PARK 2ND 4 5
Listing City: Apple Valley
Map Page: 163
Municipality: Apple Valley
School District: Rosemount-Apple Valley-Eagan
School District Phone: 651-423-7700
Zip Plus 4: 7553
Property ID Number: 018120105040
Tax Year: 2025
Tax Amount: 19866
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Positioned for immediate cash flow with built-in upside, this commercial retail and office building presents a compelling acquisition in a high-traffic, high-demand Apple Valley location, featuring 14 individual retail/office suites with 27 surface parking stalls that provide strong visibility, accessibility, and functionality for a wide range of tenants; situated on a flat, commercially zoned 0.52-acre lot, the property benefits from a newer concrete driveway and recently updated parking area, helping minimize near-term capital expenditures, while detailed floorplans are included in the listing photos to clearly outline suite layouts and dimensions; from an investment standpoint, the numbers tell a strong story with current total rental income of $9,555 per month, below-market rents across existing tenants, and multiple vacant units, creating a clear value-add opportunity through lease-up and rent optimization in one of Apple Valley’s most active commercial corridors. New roof in the past year, and electrical panels were updated in the past 2 years. All tenants are month-to-month.
Directions: Hwy 42 & Cedar Avenue

Accessible

Wheelchair Ramp: Yes
Other: Yes

Air Conditioning

Central Air: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes

Construction Status

Previously Owned: Yes

Exterior

Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Baseboard: Yes
Forced Air: Yes

Lot Description

Public Transit (w/in 6 blks): Yes
Tree Coverage - Light: Yes

Owner Pays

All Utilities: Yes
Electricity: Yes
Fuel: Yes
Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Maintenance/Repair: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes

Parking Characteristics

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

Patio, Porch and Deck Features

Deck: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes
Sidewalks: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sewer

City Sewer/Connected: Yes

Stories

Three Or More: Yes

Topography

Level: Yes

Water

City Water/Connected: Yes

On Site Utilities

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

CMU Style

Business Opportunity: Yes
Office: Yes
Retail/Shopping Center: Yes

Current Use

Beauty/Barber Shop: Yes
Business Service: Yes
Commercial: Yes
Office: Yes
Other: Yes
Professional Service: Yes
Retail: Yes
Vacant: Yes

Loan Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes
Other: Yes

Location Description

Free Standing: Yes

Rent Rate per Foot

Gross: Yes