Sold
2535 Condon Court
Mendota Heights MN, 55120
$550,000
$169.96 per sqft
Sold
3,236 sqft
Commercial
Built in 1977
Great opportunity for an investor. 7.0+% Cap Rate on this Double Net Leased Property. This large lot at a cul-de-sac is a commercial building that is 100% occupied by the Bridge Autism Clinic who operates during daily normal business hours. They have more than 3 years left on their lease with annual increases. Tenant pays for all operating expenses except Taxes and Insurance. Has had many upgrades within the past few years. Great Unique Investment Opportunity!
6432139
MLSⓇ ID
September 12, 2023
Listed
December 27, 2024
Updated
Map
2535 Condon Court
Mendota Heights MN, 55120
Interior Features
Appliances
Range, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.38 Acres
Sewer
City Sewer - In Street, Mound Septic, Septic System Compliant - Yes
School Information
School District
West St. Paul-Mendota Hts.-Eagan
Other Property Details
Taxes
$3,582
Tax Frequency
Annually
Days on Market
426
Garage
No
Parking
Concrete, Parking Lot
View
No
County
Dakota
Water Source
Well
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
12/27/2024 | Sold | $550,000 |
12/14/2024 | Pending | — |
7/30/2024 | Price change | $569,900 -6% |
Courtesy of Blackbridge Real Estate
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Kathryn Kennedy Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 10:18 PM UTC, 12/27/2024
