1308 113th Ave NE
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1308 113th Ave NE
20,000 SF 100% Leased Retail Building Blaine, MN 55434 $2,500,000 ($125/SF)
Investment Highlights
- Single user or multi-tenant building
- 4-5,000 SF bays (currently single user)
- Current use is construction and contractor office
- Great access to Highway 65
- New roof in 2023 - 60 mil with 25 year warranty
- Tenant in place until July, 1 2025
Executive Summary
Flex/Warehouse property for sale in Blaine! This opportunity could be a single user or multi-tenant building. The current use of the property is a construction and contractor office. The tenant is in place until July 1, 2025.
The property has 16,750 SF of warehouse space and 3,250 of office space.
The property has 16,750 SF of warehouse space and 3,250 of office space.
Property Facts
Sale Type
Investment
Property Type
Building Size
20,000 SF
Building Class
C
Year Built
1975
Price
$2,500,000
Price Per SF
$125
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.20
Land Acres
2.26 AC
Zoning
B-3 - Regional Commercial
Parking
30 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
254 FT on NE 113th Ave
Amenities
- Monument Signage
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 17-31-23-31-0044 | Improvements Assessment | $933,200 |
Land Assessment | $587,000 | Total Assessment | $1,520,200 |
PROPERTY TAXES
Parcel Number
17-31-23-31-0044
Land Assessment
$587,000
Improvements Assessment
$933,200
Total Assessment
$1,520,200
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1308 113th Ave NE
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