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Automotive Shop 106 Louis St W 3,000 SF Industrial Building Cologne, MN 55322 $605,390 CAD ($201.80 CAD/SF)
Investment Highlights
- The property boasts a premier downtown location in Cologne, MN with great retail visibility, incredible access to Hwy 212.
- Extremely low overhead costs
- For a small lot still has allot of external parking
Executive Summary
Property for Sale by Owner - Professional realtor will handle closing - Owner financing not available Property Details - PID # 400500670 - Approximately 3000 SF under roof - Shop area 1927 SF - Non-Certified Paint Booth / Clean room approximately 375 SF of additional floor space
Facility Description:
Shop area has trench drain with 300-gallon flammable waste trap. two air compressors, airlines throughout, three phase power, heat and AC, power washer services both bays and two overhead garage doors measuring 10’x12’. Shop area is also equipped with a non-certified paint booth/clean room and mixing room “fire suppression system is obsolete” - ventilation system works well
Office space and restroom in good condition
Property has significant external parking and storage - approximately 45’ x 30’ gravel lot in front of garage doors for parking - 20’ x 40’ industrial cement slab on side of building
Highlight
The property boasts a premier downtown location in Cologne, MN with great retail visibility, towering signpost for customer signage and incredible access to Hwy 212.
Facility Description:
Shop area has trench drain with 300-gallon flammable waste trap. two air compressors, airlines throughout, three phase power, heat and AC, power washer services both bays and two overhead garage doors measuring 10’x12’. Shop area is also equipped with a non-certified paint booth/clean room and mixing room “fire suppression system is obsolete” - ventilation system works well
Office space and restroom in good condition
Property has significant external parking and storage - approximately 45’ x 30’ gravel lot in front of garage doors for parking - 20’ x 40’ industrial cement slab on side of building
Highlight
The property boasts a premier downtown location in Cologne, MN with great retail visibility, towering signpost for customer signage and incredible access to Hwy 212.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$2,923
|
$0.97
|
| Operating Expenses |
$2,923
|
$0.97
|
| Total Expenses |
$5,845
|
$1.95
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $2,923 |
| Annual Per SF | $0.97 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,923 |
| Annual Per SF | $0.97 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $5,845 |
| Annual Per SF | $1.95 |
Property Facts
Amenities
- Signage
Utilities
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Gas
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 40.0500670 | Total Assessment | $134,438 CAD |
| Land Assessment | $59,982 CAD | Annual Taxes | $2,923 CAD ($0.97 CAD/SF) |
| Improvements Assessment | $74,456 CAD | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
40.0500670
Land Assessment
$59,982 CAD
Improvements Assessment
$74,456 CAD
Total Assessment
$134,438 CAD
Annual Taxes
$2,923 CAD ($0.97 CAD/SF)
Tax Year
2025 Payable 2025
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SFR Enterprises LLC
Automotive Shop | 106 Louis St W
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