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$ 700,000
Est. payment | /mo
2.06 Acres Lot
$ 700,000
Est. payment | /mo
2.06 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Industrial Park
MLS Listing ID 6793474
Year Built 1992
Annual Tax Amount $7,642
Tax Year 2025
Contingent None
Lot Size 2.060 Acres
Acres 2.06
Lot Dimensions 97,360
Property Description
Steady investment here! The long term established tenant that has been successfully operating in this location since 1992! NN Lease - landlord responsible for roof, structure, insurance and first 6k of real estate taxes. Tenant is responsible for all maintenance, utilities, interior of building, snow removal, CAM and RE taxes that exceed 6k/year. There are 10 garage doors at grade, and two loading dock doors as well. There is over 5 years left on the current lease, and they have been in this location for over 30 years which shows long term commitment to this location and to the region. $5750/month currently, with rent increasing to $6,000/month in Jan 2026. Add this to your portfolio today!
Location
State MN
County Lyon
Zoning Business/Commercial,Industrial
Interior
Heating Radiant
Cooling Window Unit(s)
Inclusions Building, Land
Fireplace No
Exterior
Parking Features Concrete, Parking Lot
Garage Spaces 10.0
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Metal
Present Use Commercial,Industrial
Building
Story One
Foundation 99012
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Metal Siding
Schools
School District Marshall
Listed by Tara Onken • Edina Realty, Inc.