498 7th St | Newport, MN 55055
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498 7th St
Newport, MN 55055
Newport Light Industrial Land · Land For Sale · 3.57 AC
Executive Summary
Development opportunity for light industrial use
Convenient location in thriving east metro area
Completed environmental work
City and community encourages growth and development
Great for mini storage; zoning excludes auto repair and body shop
Located near Glen Road and Hwy 61
Visible from highway
Easy access to I-494, Minneapolis St. Paul International Airport, St. Paul Airport and Mall of America
Portfolio package including the following properties:
760 6th St, Newport, MN 55055
500 7th Ave, Newport, MN 55055
498 7th Ave, Newport, MN 55055
400 7th Ave, Newport, MN 55055
Land Parcels:
Parcel 01.027.22.21.0031, 20,644 SF
Parcel 01.027.22.21.0030, 44,828 SF
Parcel 01.027.22.21.0029, 38,367 SF
Parcel 01.027.22.21.0028, 51,400 SF
Total: 155,510 SF
Convenient location in thriving east metro area
Completed environmental work
City and community encourages growth and development
Great for mini storage; zoning excludes auto repair and body shop
Located near Glen Road and Hwy 61
Visible from highway
Easy access to I-494, Minneapolis St. Paul International Airport, St. Paul Airport and Mall of America
Portfolio package including the following properties:
760 6th St, Newport, MN 55055
500 7th Ave, Newport, MN 55055
498 7th Ave, Newport, MN 55055
400 7th Ave, Newport, MN 55055
Land Parcels:
Parcel 01.027.22.21.0031, 20,644 SF
Parcel 01.027.22.21.0030, 44,828 SF
Parcel 01.027.22.21.0029, 38,367 SF
Parcel 01.027.22.21.0028, 51,400 SF
Total: 155,510 SF
PROPERTY FACTS
Sale Type | Investment | Property Type | Land |
Sale Conditions | Redevelopment Project | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 3.57 AC |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 3.57 AC |
1 Lot Available
Lot
Price | $970,220 | Lot Size | 3.57 AC |
Price Per AC | $271,770 |
Price | $970,220 |
Price Per AC | $271,770 |
Lot Size | 3.57 AC |
Parcel 01.027.22.21.0031, 20,644 SF Parcel 01.027.22.21.0030, 44,828 SF Parcel 01.027.22.21.0029, 38,367 SF Parcel 01.027.22.21.0028, 51,400 SF Total: 155,510 SF
Description
Portfolio package including the following properties: 760 6th St, Newport, MN 55055 500 7th Ave, Newport, MN 55055 498 7th Ave, Newport, MN 55055 400 7th Ave, Newport, MN 55055
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $151,800 | |
Land Assessment | $346,300 | Total Assessment | $498,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$346,300
Improvements Assessment
$151,800
Total Assessment
$498,100
zoning
Zoning Code | B2 |
B2 |
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