821 3rd St - Light Manufacturing FOR SALE


Farmington, MN 55024
$3,840,000 USD
612-615-3954
821 3rd St, Farmington, MN for Sale
$3,840,000 USD
Light Manufacturing - FOR SALE
1/6
null | 5% Cap Rate

821 3rd St
Farmington, MN 55024


OVERVIEW

Beautiful concrete and steel building with brick exterior. Former HQ of Dakota Electric. The building has approximately 15,000 sq ft office space and 15,000 square feet of warehouse space. Building is currently fully occupied by a variety of tenants on a mix of short term and longer term leases. The building has no deferred maintenance. All roofing, lighting, flooring, and HVAC installed 2019 or later.

FOR SALE DETAILS

PRICE

$3,840,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1956

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.94

LAND SF

40,946

ZONING

B-4 Neighborhood Business

APN/PARCEL ID

14-56700-00-220

ASK ABOUT THIS PROPERTY

Steve AaronSackett Properties & Management, IncMore Info
612-615-3954

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Steve AaronSackett Properties & Management, IncMore Info
612-615-3954

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