1215 N 7th St - Flex FOR SALE


Lake City, MN 55041
$1,500,000 USD
507-951-7130
1215 N 7th St, Lake City, MN for Sale
$1,500,000 USD
Flex - FOR SALE
1/6
null | Request Cap Rate

1215 N 7th St
Lake City, MN 55041


HIGHLIGHTS

  • Professional Office Space
  • Ample Parking
  • Several Renters that lead to income for a buyer
  • Shared bathrooms and kitchen area

OVERVIEW

Discover an exceptional opportunity to purchase a well-built commercial property that accommodates a wide range of business needs. Constructed with durable metal framing, the building includes a mix of professional offices, conference rooms, and warehouse space, making it ideal for a variety of operations. Each unit is equipped with separate heating systems and individual meters, allowing for efficient management and potential multi-tenant use. Shared amenities include restrooms, a lunchroom, and multiple convenient entrances. The property also offers ample asphalt parking surrounding the building, ensuring plenty of space for employees and visitors. Enjoy excellent visibility on 7th Street with outstanding signage potential to promote your business. **This property is also FOR LEASE**

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake City Commons

PROPERTY TYPE

Flex

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.