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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.

Property Facts

Sale Type
Investment
Property Type
Retail
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

ALDI
Burn Boot Camp
Snap Fitness 24/7
Starbucks
Bank of Montreal
Club Pilates
Planet Fitness
Huntington National Bank
Farrell's Exreme Bodyshaping
Leeann Chin

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-31-23-31-0044
Land Assessment
$587,000
Improvements Assessment
$933,200
Total Assessment
$1,520,200
  • Listing ID: 33299225

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 1308 113th Ave NE, Blaine, MN 55434

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