Office Space /MN /Olmsted County /Stewartville /424 1st Ave SE
Office Space /MN /Olmsted County /Stewartville /424 1st Ave SE

424 1st Ave SE - Office FOR SALE


Stewartville, MN 55976 | 
$359,000 USD
507-421-6556
424 1st Ave SE, Stewartville, MN for Sale
$359,000 USD
Office - FOR SALE
1/17
null | 10.45% Cap Rate
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424 1st Ave SE
Stewartville, MN 55976

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HIGHLIGHTS

  • New roof
  • Apartment upstairs for added income
  • Value Add property
  • High Cap Rate
  • OH Drive in doors
  • Long term tenants

OVERVIEW

Investment Property with long term tenants. High CAP rate so new owner can increase rents. Apartment (3 bedroom) upstairs has added income. Multiple OH drive-in doors. Free standing new garage on property as well. Call Darci Fenske at Paramark (507-421-6556) for showings.

FOR SALE DETAILS

PRICE

$359,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

10.45%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stewartville Flex - 100% rented out

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

-

APN/PARCEL ID

54.34.43.029481

ASK ABOUT THIS PROPERTY

Darci FenskeParamarkMore Info
507-421-6556

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Darci FenskeParamarkMore Info
507-421-6556

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