550 Lake Drive, Chanhassen, MN 55317
$2,650,000
Property Type:
Commercial
Lot Size (sq. ft.):
28,750
Status:
Closed
Current Price:
$2,650,000
List Date:
8/01/2022
Last Modified:
8/07/2025
Overview
Description
Listing Details MLS# 6247062
General Property Information
- Living Area Units
- Square Feet
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 24
- Year Built
- 1999
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 10071
- For Sale or Lease
- For Sale
- Acres
- 0.66
- Lot Dimensions
- 173x139x148x139
- Assessment Pending
- Unknown
- Garage Stalls
- 0
Property Features
Accessible:
Partially Wheelchair
Air Conditioning:
Central Air
Amenities Shared:
Patio
Appliances:
Air-To-Air Exchanger; Refrigerator
CMU Style:
Office; Retail/Shopping Center
Construction Status:
Previously Owned
Current Use:
Business Service; Commercial; Food Service; Office; Professional Service; Retail
Exterior:
Brick/Stone; Stucco
Financing Terms:
Conventional
Fuel:
Natural Gas
Heating:
Boiler; In-Floor Heating
Loan Terms:
Cash; Conventional
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Sewer:
City Sewer/Connected
Water:
City Water/Connected
Contract Information
- Off Market Date
- 2023-07-17
- Closed Date
- 2023-11-17
- Sales Close Price
- 2650000
- Contingency
- None
- ListPrice
- 2850000
- Owner is an Agent?
- No
Location Tax and Other Information
- House Number
- 550
- Street Name
- Lake
- Street Suffix
- Drive
- Postal City
- Chanhassen
- County
- Carver
- State
- MN
- Zip Code
- 55317
- Complex/Dev/Subdivision
- Villages On The Ponds 4th Add
Assessments
- Assessment Balance
- 132
- Tax With Assessments
- 35364
Building Information
- Building Finished SqFt
- 11095
More Information
Lease Details
- Land Leased
- Not Applicable
- Monthly Land Lease Amt
- 0
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 13
- Township#
- 116
Sale Options
- Sale Includes
- Building, Land
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- MAAR
- MLSID
- RMLS
Location, Tax and Other Information
- Legal Description
- SUBDIVISIONNAME VILLAGES ON THE PONDS 4TH ADDN LOT 001 BLOCK 001 SUBDIVISIONCD 25846 SECTION 13 TOWNSHIP 116 RANGE 023
- Listing City
- Chanhassen
- Map Page
- 132
- Rental License?
- No
- School District
- Eastern Carver County Schools
- Map Coordinate Source
- RETS
- Zip Plus 4
- 9378
- Property ID Number
- 258460010
- Tax Year
- 2021
- Tax Amount
- 34232
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- The iconic clock tower of this stand alone building makes it an easy to identify location for any business. High quality materials, construction and design make this a one of a kind property. In floor heat, state of the art air exchange system, new roof. Conveniently located in Chanhassen, off County Road 101 and Hwy5. Neighboring businesses include Total Wine, Foss Swim school, Houlihans's and AmericaInn.
- Directions
- Hwy 5 to Market Blvd S to Lake Dr
Accessible
- Partially Wheelchair
- Yes
Air Conditioning
- Central Air
- Yes
Amenities Shared
- Patio
- Yes
Appliances
- Air-To-Air Exchanger
- Yes
- Refrigerator
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
- Stucco
- Yes
Financing Terms
- Conventional
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
- In-Floor Heating
- Yes
Sewer
- City Sewer/Connected
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Office
- Yes
- Retail/Shopping Center
- Yes
Current Use
- Business Service
- Yes
- Commercial
- Yes
- Food Service
- Yes
- Office
- Yes
- Professional Service
- Yes
- Retail
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
Listing Office:
Keller Williams Premier Realty Lake Minnetonka
Last Updated: August - 07 - 2025
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