4,833 sqft

$829,900

2434 Commerce Boulevard, Mound MN, 55364

Price per sqft$171.72

Built in1985

Property size4,833 sqft

Property typeCommercial

Courtesy of Compass, Geoffrey S Serdar Listing Contact:

Overview

Active

Listed May 4, 2026

Updated May 9

Exceptional opportunity to acquire a well-maintained multi-tenant commercial building in the heart of Mound. This 12-unit office property offers strong in-place income with no current vacancies, making it an ideal investment for both seasoned investors and owner-operators. The property features approximately 4,800+ finished square feet across multiple levels, with a flexible layout that accommodates a variety of professional office uses. Situated on a high-visibility corridor just off Commerce Boulevard, the location provides convenient access for tenants and clients alike, with ample on-site parking and proximity to Lake Minnetonka communities. Additional upside potential exists through future rent optimization and possible leasing of storage areas in the basement.

Other Property Details

Taxes: $16,406
Tax Frequency: Annually
Maintenance Expense: $5,100
Waterfront: Yes

Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 12:15 AM UTC on 5/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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