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Investment Highlights

  • Flexible Office & Warehouse Layouts
  • Ample On-Site Parking
  • Owner-User Potential
  • Strong Visibility
  • Layouts Strong Visibility Ample On-Site Parking Flexible Leasing Options
  • Multi-Tenant Investment Opportunity

Executive Summary

This well-constructed commercial property offers a versatile opportunity for both investors and owner-users, with options to purchase or lease space tailored to a variety of business needs. The building features a functional mix of professional office, conference, and warehouse space, allowing for flexible configurations depending on use. Each unit is separately metered with independent heating, providing efficient multi-tenant operation. Shared amenities include restrooms, a break area, and convenient access points throughout the building.
Positioned along North 7th Street, the property offers strong visibility and excellent signage potential, supported by ample on-site parking for tenants and visitors. Available units come in varying sizes, offering flexible lease terms and the ability to customize space as needed. Whether you're in the market for great leaseable space with flexible terms, an owner-user looking to occupy while offsetting costs with additional income, or an investor seeking a multi-tenant asset with leasing upside, this property presents a compelling opportunity in a highly accessible location.
** THIS PROPERTY IS FOR SALE OR LEASE **

Property Facts

Price $1,730,662 CAD
Price Per SF $96.15 CAD
Sale Type Investment
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Storefront Retail/Office
  • Industrial Warehouse
  • Industrial Service
Building Class C
Lot Size 0.97 AC
Rentable Building Area 18,000 SF
No. Stories 1
Year Built 2005
Parking Ratio 2.78/1,000 SF
Zoning Industrial - LI, Light Industrial District
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
54.135.0090
Land Assessment
$42,644 CAD
Improvements Assessment
$644,499 CAD
Total Assessment
$687,142 CAD
  • Listing ID: 30669547

  • Date on Market: 2024-01-16

  • Last Updated:

  • Address: 1215 N 7th St, Lake City, MN 55041

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