120 Broadway Avenue S

Wayzata, MN 55391
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Property Description

120 Broadway Avenue S
Wayzata, MN 55391

Status: For Sale,For Lease

Property Type: Office

Office Condo For Sale or Lease

A rare office condominium is available in downtown Wayzata, just 2 blocks from the shores of Lake Minnetonka.

Highlights and Features:

  • Suite 50: 1,085 SF
  • Year Built: 2004
  • PID: 06-117-22-13-0113
  • County: Hennepin
  • 12 miles west of Downtown Minneapolis
  • Distance to MSP airport: 24 miles
  • Well maintained property
  • Professional image building
  • The unit consists of 2 executive offices, an open work area, copy room, and kitchenette
  • Private bathroom with shower
  • Elevator, plus a front and back staircase
  • Parking: 1 designated parking stall with abundant off-street available
  • Area amenities include restaurants, parks, golf courses, retail, city hall, library, shopping, and financial services just minutes away

Sale Price: $299,000.00

  • Association Dues: $158.00 per month
  • 2021 Tax: $4,087.68

Gross Lease Rate:

  • $3,000.00 per month Gross

Demographics:

  • 2020 Average Household Population: 1 mile - 2,421, 3 miles - 16,722 and 5 miles - 50,711
  • 2020 Average Household Income: 1 mile - $110,953, 3 miles - $113,214 and 5 miles - $111,341


Traffic Counts:

  • Wayzata Blvd E - 6,300 vpd and Lake St E - 6,200 vpd