1215 N 7th St - Light Distribution FOR SALE


Lake City, MN 55041
$1,250,000 USD
507-951-7130
1215 N 7th St, Lake City, MN for Sale
$1,250,000 USD
Light Distribution - FOR SALE
1/14
null | Request Cap Rate

1215 N 7th St
Lake City, MN 55041


HIGHLIGHTS

  • Flexible Office & Warehouse Layouts
  • Strong Visibility
  • Ample On-Site Parking
  • Layouts Strong Visibility Ample On-Site Parking Flexible Leasing Options
  • Owner-User Potential
  • Multi-Tenant Investment Opportunity

OVERVIEW

This well-constructed commercial property offers a versatile opportunity for both investors and owner-users, with options to purchase or lease space tailored to a variety of business needs. The building features a functional mix of professional office, conference, and warehouse space, allowing for flexible configurations depending on use. Each unit is separately metered with independent heating, providing efficient multi-tenant operation. Shared amenities include restrooms, a break area, and convenient access points throughout the building. Positioned along North 7th Street, the property offers strong visibility and excellent signage potential, supported by ample on-site parking for tenants and visitors. Available units come in varying sizes, offering flexible lease terms and the ability to customize space as needed. Whether you're in the market for great leaseable space with flexible terms, an owner-user looking to occupy while offsetting costs with additional income, or an investor seeking a multi-tenant asset with leasing upside, this property presents a compelling opportunity in a highly accessible location. ** THIS PROPERTY IS FOR SALE OR LEASE **

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake City Multi-Tenant Flex Campus

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Storefront Retail/Office, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.97

LAND SF

42,253

ZONING

Industrial

APN/PARCEL ID

54.135.0090

ASK ABOUT THIS PROPERTY

Bucky BeemanRealty Growth, Inc.More Info
507-951-7130

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Bucky BeemanRealty Growth, Inc.More Info
507-951-7130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.