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Exceptional Commercial Property Opportunity

$599,000

121st Ave N & Business Park Blvd N, Champlin, MN 55316

Active
Last Updated: 09/09/2026

0.93 acres

Lot Area

14.8

Price Per Sqft

Details:
Lot Area:    0.93 acres
Price Per Sqft:    $14.80
Zoning:    C-2, Commercial General Business
Permits:    No
Buildable Area:    0.89 acre
Seller Financing:    Yes
Opportunity Zone:    No
Construction Status:    Shovel Ready
Highlights:
  • Prime suburban commercial location
  • Immediate access to Highway 169
  • Adjacent to high-traffic Super Target
  • Fully shovel-ready with Full utilities available
  • Flat, development-ready land
  • Limited commercial land in Champlin (This site is shown as the only remaining sub-acre lot)
  • Flexible development options (retail, office, medical, mixed-use)
  • Owner financing available
  • Middle to upper-middle income family households
  • High demand for retail and service businesses
Description:

Prime Location

• National Retail Synergy: Being next to a Super Target generates significant cross-shopping traffic. The property's flexible development potential makes it ideal for retail, service, office, or mixed-use applications, attracting fast-casual dining, quick-service retail, urgent care clinics, and boutique services. The "Shadow Anchor Status" next to a Super Target allows this site to capture "spillover" traffic from shoppers already visiting the center.

Shovel-Ready Status

• Lower Capital Expenditure: "Shovel-ready" raw land with on-site utilities saves developers months of site work and significant infrastructure costs. The optimized near-square site footprint enables efficient building layouts, maximizing space for an ~8,000 square-foot facility. The most expensive aspect of commercial development is connecting water, sewer, gas, and electricity. With these utilities ready, developers can start building immediately, reducing carrying costs.

Scarcity Factor

• Identified as one of the last remaining commercial parcels of its size in Champlin, these fully prepped lots under 1 acre are rare. They attract mid-sized corporate tenants, fast-casual dining chains, and local banks seeking prime visibility without a large footprint. When highly specific commercial lots become rare, standard valuation metrics change.

Map:
Documents:
Title
Champlin_OM_Flyer.pdf
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Location
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