CL Shops at Ridgedale Center MN buys 1809 Plymouth Rd in Minnetonka for $16.18 million

A retail building at 1809 Plymouth Rd in Minnetonka sold for $16,175,000 on October 23, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.

The record lists 1809 Ply LLC as the seller and CL Shops at Ridgedale Center MN LLC as the buyer.

The Assessor's records show a 2025 build year and a 2.01-acre lot. The market value on record is $3,300,000, and the sale price is 4.9 times that. The last recorded sale was $3,300,000 in 2024. The new price is 4.9 times that.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hennepin County?

By our estimate, the seller's two largest charges, not counting prorations, were $54,995 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $29,281.25 for the owner's title insurance policy. Who pays what follows Hennepin County custom.

How much did the seller net?

By our estimate, the seller netted about $16,123,914. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $16,209,081 at closing. That covers the full price and closing costs.

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