1230 State St N - Storefront FOR SALE


Waseca, MN 56093
$3,800,000 USD
651-343-1889
1230 State St N, Waseca, MN for Sale
$3,800,000 USD
Storefront - FOR SALE
1/8
null | 10% Cap Rate

1230 State St N
Waseca, MN 56093


HIGHLIGHTS

  • Turn-Key Retail / Manufacturing / Distribution Facility 10 cap - Commercial Kitchen

OVERVIEW

INVESTMENT HIGHLIGHTS 10% Cap Rate (Actual Income, With Term) 100% Leased with FULL NNN reimbursements Value Add redevelopment offered way below replacement cost. All tenant spaces in excellent condition Value-Add Redevelopment opportunity Upside via re-tenanting, expansion, or conversion to storage/industrial Strong regional draw from Bomgaars Fleet & Farm Call broker for full financials, rent roll, & redevelopment scenarios

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail / Cannabis Cultivation / Food MFG

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Food Processing, Manufacturing, Refrigeration/Cold Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

468

LAND DETAILS

LAND ACRES

7.54 AC

LAND SF

328,442 SF

ZONING

Retail

APN/PARCEL ID

17.217.0010

ASK ABOUT THIS PROPERTY

Dixon DieboldReUrban, LLCMore Info
651-343-1889

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Dixon DieboldReUrban, LLCMore Info
651-343-1889

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