2434 Commerce BoulevardMound, MN 55364
$829,900
4,833 finished sq ft · 1.39 acre lot
About this home
Exceptional opportunity to acquire a well-maintained multi-tenant commercial building in the heart of Mound. This 12-unit office property offers strong in-place income with no current vacancies, making it an ideal investment for both seasoned investors and owner-operators. The property features approximately 4,800+ finished square feet across multiple levels, with a flexible layout that accommodates a variety of professional office uses. Situated on a high-visibility corridor just off Commerce Boulevard, the location provides convenient access for tenants and clients alike, with ample on-site parking and proximity to Lake Minnetonka communities. Additional upside potential exists through future rent optimization and possible leasing of storage areas in the basement.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1985
- Finished sq ft
- 4,833
- Lot
- 1.39 acres
- Basement
- Finished, Storage Space
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $16,406 a year
- Listed
- May 4, 2026
- MLS number
- 7064657
Listing courtesy of Compass (Geoffrey S Serdar). MLS #7064657.
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How it compares
2434 Commerce Boulevard, Mound, MN 55364 is a single-family home built in 1985 on Langdon Lake and Lost Lake, listed for $829,900 on May 4, 2026 by Compass. That is in the middle range of the 31 single-family homes for sale in Mound right now (median $449,900; $172 per square foot here against $236 for the group). That works out to $172 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Mound community guideSchools, commutes, parks, home values and local stories.
- Langdon LakeLake facts from the Minnesota DNR, access and every lakefront home for sale.
- Lost LakeLake facts from the Minnesota DNR, access and every lakefront home for sale.
- Mound housing market, September 2026Homes sold for a median $416,400 over 12 months (+4.8%), 69 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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