5500 Cottonwood Lane SE, Prior Lake, MN 55372

$23.26
Property Type: Commercial Baths: 1 Lot Size (sq. ft.): 126,324 Status: Closed
Current Price: $23.26 List Date: 3/10/2026 Last Modified: 4/13/2026

Overview

Description

This 1,032 square foot office suite at 5500 Cottonwood Lane SE offers a functional and professional workspace in the growing community of Prior Lake. The suite features a well-designed layout that includes two furnished private offices, a conference room, a welcoming waiting area, and a large private bathroom, providing a comfortable and efficient environment for small businesses or professional services. Conveniently located with easy access to Highway 13 and nearby south metro communities, the property offers excellent accessibility for both employees and clients. Surrounded by established businesses, retail, and dining options, this location supports day-to-day business operations while offering a professional setting within a well-maintained commercial building. Available June 2026

Listing Details MLS# 7034094

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
20
Owner Occupied
Yes
Waterfront Present
No
Year Built
1996
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
33650
For Sale or Lease
For Lease
Acres
2.9
Lot Dimensions
100x88
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None CMU Style: Office Construction Status: Previously Owned Current Use: Commercial; Office Exterior: Steel Siding Foundation: Other Fuel: Natural Gas Heating: Forced Air Lease Details: Triple Net On Site Utilities: Heating Common Parking Characteristics: Parking Lot Potential Use: Office; Professional Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date
2026-04-13
Closed Date
2026-04-13
Sales Close Price
23.26
Original List Price
20
Contingency
None
ListPrice
20
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5500
Street Name
Cottonwood
Street Suffix
Lane
Street Direction Suffix
SE
Postal City
Prior Lake
County
Scott
State
MN
Zip Code
55372
Complex/Dev/Subdivision
Waterfront Passage Add

Assessments

Tax With Assessments
99742
Assessment Balance
0

Building Information

Building Finished SqFt
33650

More Information

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Yearly
Triple Net
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Other

Unit 1

Unit Number
Yes
Monthly Rent
1720
Half Baths
Yes
Total Bathrooms
Yes
Total Rooms
2
Level
Main Level
Unit Total SqFt
1032
Leased?
No

Unit Details

Total Units
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
SUBDIVISIONNAME WATERFRONT PASSAGE ADDN LOT 001 BLOCK 001 SUBDIVISIONCD 25296 COM 309.07' NW OF NE COR, N 62-52-03 W 369.75', S 31-35-50 W 294.99' TO SW LINE LOT 1, S 54-14-04 E 402.15', N 33-45-56 E 155', N 59-45-56 E 76', N 29-45-56 E 64', NW 98.6' TO POB.
Listing City
Prior Lake
Map Page
161
Municipality
Prior Lake
School District
Prior Lake-Savage Area Schools
School District Phone
952-226-0000
Property ID Number
252960012
Tax Year
2025
Tax Amount
99742
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This 1,032 square foot office suite at 5500 Cottonwood Lane SE offers a functional and professional workspace in the growing community of Prior Lake. The suite features a well-designed layout that includes two furnished private offices, a conference room, a welcoming waiting area, and a large private bathroom, providing a comfortable and efficient environment for small businesses or professional services. Conveniently located with easy access to Highway 13 and nearby south metro communities, the property offers excellent accessibility for both employees and clients. Surrounded by established businesses, retail, and dining options, this location supports day-to-day business operations while offering a professional setting within a well-maintained commercial building. Available June 2026
Directions
Take the exit for Highway 13 toward Prior Lake. Continue west on Highway 13. Turn left onto Cottonwood Lane SE. Continue south on Cottonwood Lane SE to 5500 Cottonwood Lane SE, located within a professional office building area.

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Steel Siding
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Parking Characteristics

Parking Lot
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

On Site Utilities

Heating Common
Yes

CMU Style

Office
Yes

Current Use

Commercial
Yes
Office
Yes

Potential Use

Office
Yes
Professional
Yes
IDX
Listing Office: eXp Realty
Last Updated: April - 13 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.