For Sale: Bloomington MLS# 7058372
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
• $1, 000, 000 Price Reduction, now priced at $6, 000, 000. New Office Golf Lease Back Option!
• Investors: Office Golf is willing to lease back the 1st Floor and half of the 2nd Floor for 3-5 years (depending on all terms such as sale price, lease rate, etc). See Financials for lease rates at current pricing.
• Owner/Users: Ideal arrangement with in place income, but available space for immediate occupancy post closing. Perfect corporate headquarters.
• Significant Capital Investment: Approximately $3 Million invested in interior and exterior renovations (2023)
• Office Golf Amenities Include:
o 18 TrackMan golf simulators
o 2 Full-Service Bars (including the Hornet Bar)
o Commercial Kitchen
o Turnkey Restaurant Space with outdoor patio
• Premier I-494 Corridor Location:
o Exceptional visibility and frontage along one of Bloomington’s most trafficked corridors
o Strong Demographics: $179, 026 average household income within 1 mile
o Traffic Counts: Exposure to 140, 296 vehicles per day on I-494
o Surrounding Area: Located among national retailers, hospitality, and dense multifamily housing
• Zoning: C-4 Freeway Office: allows for a wide range of office, hospitality, and commercial uses
• Building Overview:
o Existing diversified Tenant mix include: Office Golf, 2nd Swing Golf, Bethany Fellowship, Financial Services, Transportation, Construction, and more.
o 65, 623 total SF: 42, 303 finished SF Class B Office building + 23, 320 SF of underground parking (2 levels)
o Three-story structure with elevator service
o Open-concept layouts with abundant natural light
o Modernized finishes and strong curb appeal
o New Roof 5 years ago (~20 year warranty)
o 6 new offices just completed on 2nd floor for additional income potential
• Site Details:
o 1.80 acres (78, 404 SF) site
o Great parking with 68 underground + 96 surface stalls
Listing
Listing Status:
Active
Contingency:
None
List Price:
$6,000,000
Property Type:
Commercial
City:
Bloomington
Garage Spaces:
2
County:
Hennepin
Year Built:
1983
State:
MN
Property Style:
Other
Zip Code:
55439
Subdivision Name:
Nine Mile Offices
Interior
Basement Details:
- Concrete
- Full
Exterior
Stories:
Three Or More
Garage Spaces:
2
Garage Size:
16,921 ft2
Air Conditioning:
Central Air
Foundation Size:
14,101 ft2
Handicap Accessible:
Accessible Elevator Installed, Fully Wheelchair
Heating System:
- Boiler
- Forced Air
Parking Features:
- Parking Lot
- Underground
Roof Details:
Age 8 Years or Less
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
1.8
Geolocation:
44.860886, -93.3729
Inclusions:
Building, Fixture/Equipment, Leases
Lot Dimensions:
267 x 156
Zoning:
Business/Commercial
Schools
School District:
273
District Phone:
9528483900
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$135,693
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$135,693
Units
Total Units:
14
Miscellaneous
Current Use:
- Commercial
- Food Service
- Office
- Restaurant
- Retail
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.