251 8th St NW - Office FOR SALE


Elk River, MN 55330- Clemens & Munsinger Gardens
$635,000 USD
612-242-1653
251 8th St NW, Elk River, MN for Sale
$635,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

NEW



HIGHLIGHTS

  • Direct freeway visability.
  • Turnkey 4,000 sq/ft dance studio that could easily be transitioned to many uses.
  • 2,000 sq/ft of leased space to stable tenant.

OVERVIEW

Great opportunity in a great location with direct visibility to Hwy 169. 6,000 sq/ft building that is currently divided into a 4,000 sq/ft dance studio and 2,000 sq/ft of professional office space that is being leased. Turnkey opportunity for dance related owner but can be easily converted to other uses. Roughly 1,800 sq/ft of fenced in parking/storage in the rear of the building. Convenient access to and from property now that the Elk River freeway project is complete.

FOR SALE DETAILS

PRICE

$635,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

Business/Commercial

APN/PARCEL ID

75-445-0130

ASK ABOUT THIS PROPERTY

Dustin HeggemAcuity GroupMore Info
612-242-1653

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Dustin HeggemAcuity GroupMore Info
612-242-1653

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