11141 Zealand AveChamplin, MN 55316

  • Commercial real estate
  • 0.08 AC
For Sale
$280,000 View listing

Property Details for 11141 Zealand Ave

Year built
2003
Construction
WOOD
Lot size
0.08 AC
Property type
Commercial real estate
APN
31-120-21-42-0080
APU
3112021420080

Description

This exceptional 1,536 square foot commercial office condo is situated in the desirable Champlin Business Park, conveniently located near Highway 169 in Champlin, Minnesota. Built in 2003, this single-story building offers a functional and well-maintained workspace. The interior features five private offices, perfect for a variety of business configurations, along with a spacious reception area to welcome clients. A convenient kitchen is included, complete with a microwave, dishwasher, range, and refrigerator. A tiled bathroom adds to the property's functionality. Recent upgrades significantly enhance the value and efficiency of this property. A new roof was installed in 2024, and fresh paint was applied the same year. Interior improvements include new carpeting (2021), a new AC unit (2020), and energy-efficient LED lighting (2021). A water line for a water dispenser was also added in 2021. Exterior maintenance is handled by a homeowner's association, with monthly dues of $399. The property sits on a 0.08-acre lot and is zoned for commercial/business use. This is a rare opportunity to acquire a well-maintained, updated office condo in a highly sought-after location. The asking price is $280,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $733,396
    Hospitality
    $671,786
    Educational
    $558,918
    Medical
    $578,140
    Retail
    $869,428
11141 Zealand Ave, Champlin, Minnesota

Location Insight

City
Champlin
County
Hennepin
State
Minnesota
Latitude
45.1557
Longitude
-93.3905
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,990
$49,000
$182,000
$231,000
-
$49,000
$182,000
$231,000

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