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8963 Syndicate Avenue
Lexington MN 55014 US

$975,000

Active Listing ID 6817333
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Lot: 0.44 Acres
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Other

$975,000

Active Listing ID 6817333
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8963 Syndicate Avenue Introducing a prime investment opportunity in Lexington, MN, close to restaurants, shopping, freeway access, and area amenities. This 8, 960 SF multi-family property, located in Anoka County, boasts 16 units, with 15, 1BR/1BA units and one Studio Apartment. Built in 1960 and zoned R-4, this property offers in-place, below market rents plus an opportunity for continued building improvements in order to increase your Net Operating Income! A redevelopment opportunity exists for this parcel as it is surrounded by recent construction of larger apartment buildings. Two Open Houses from 10am to Noon for investors, their brokers and inspectors to come through: Tuesday, December 9th and Thursday, December 11th *These are the only dates to tour ** See videos for additional tours and walk throughs of the building

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Property Features

  • Facts
  • Lot Size: 0.44 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Brick Veneer, Wood
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 975000
  • unparsedaddress: 8963 Syndicate Avenue
  • postalcity: Lexington
  • stateorprovince: MN
  • country: US
  • postalcode: 55014
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.44
  • lotsizeunits: Acres
  • lotsizearea: 0.44
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 45.134595
  • longitude: -93.171013
  • listagentfullname: Chad Heer
  • listagentemail: chadheer@kwcommercial.com
  • listagentkey: 3yd-RMLSMN-505003924
  • listagentmlsid: 505003924
  • listagentpreferredphone: 6129635147
  • listagentofficephone: 6512031700
  • listofficekey: 3yd-RMLSMN-10071
  • listofficemlsid: 10071
  • disclaimer: Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1960
  • listingcontractdate: 2025-12-02
  • countyorparish: Anoka
  • parcelnumber: 353123130029
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Brick Veneer, Wood
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -93.17101, 45.134594
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Integrity Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chadheer@kwcommercial.com", "ListBrokerageCity":"Roseville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw427@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababc31c2ec397011c2ed4128b0849/20140220141542431.png", "ListBrokerageName":"Keller Williams Integrity Realty", "ListBrokeragePhone":"(651) 203-1700", "ListBrokeragePostalCode":"55113", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":"#100", "ListBrokerageUnparsedAddress":"2680 Snelling Ave.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2680 Snelling Ave.", "ListOfficeAddress2":"#100", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Roseville", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw427@kw.com", "ListOfficePostalCode":"55113", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Lexington, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6817333/?channel=rexren", "MLSModificationTimestamp":"2025-12-02T11:19:05Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15738.82, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/2/2025 8:34:48 PM GMT
Source Updated Date: 12/5/2025 6:45:57 AM GMT

Courtesy of: Chad Heer, Keller Williams Integrity Realty, chadheer@kwcommercial.com

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.