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19580 Tamarack St NW 14,100 SF Industrial Building Cedar, MN 55011 $2,198,574 CAD ($155.93 CAD/SF)
INVESTMENT HIGHLIGHTS
- Great location just off of Highway 65.
- Possibility for outside storage
- Possible expansion opportunities
- Current tenant with income in place
EXECUTIVE SUMMARY
This 14,100 SF industrial building sits on 2.93 acres just off Hwy 65 in Oak Grove. Built in 2005, it includes 8,400 SF of warehouse (split into two bays), 2,850 SF of office space, and a 2,850 SF mezzanine with a restroom and shower. The warehouse features trench drains, a flammable waste trap with holding tank, radiant heat, 21’ clear height, and three 14’ x 14’ drive-in doors. The office area is heated with forced air.
The property is Zoned I (Industrial), has 3 phase / 400 amp / 2 volt power, and served by well and septic. There's potential for expansion and outside storage. A tenant is currently in place, providing income for an investor. This is a solid opportunity for industrial use in a convenient location with room to grow.
The property is Zoned I (Industrial), has 3 phase / 400 amp / 2 volt power, and served by well and septic. There's potential for expansion and outside storage. A tenant is currently in place, providing income for an investor. This is a solid opportunity for industrial use in a convenient location with room to grow.
PROPERTY FACTS Under Contract
| Price | $2,198,574 CAD | Rentable Building Area | 14,100 SF |
| Price Per SF | $155.93 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2005 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.06/1,000 SF |
| Building Class | C | Clear Ceiling Height | 21’ |
| Lot Size | 2.94 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | I - Industrial | ||
| Price | $2,198,574 CAD |
| Price Per SF | $155.93 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.94 AC |
| Rentable Building Area | 14,100 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Tenancy | Single |
| Parking Ratio | 1.06/1,000 SF |
| Clear Ceiling Height | 21’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | I - Industrial |
AMENITIES
- Signage
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Carl Hanson Drywall
- Construction
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Carl Hanson Drywall | Construction | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 26-33-24-11-0004 | Improvements Assessment | $1,533,061 CAD |
| Land Assessment | $134,806 CAD | Total Assessment | $1,667,866 CAD |
PROPERTY TAXES
Parcel Number
26-33-24-11-0004
Land Assessment
$134,806 CAD
Improvements Assessment
$1,533,061 CAD
Total Assessment
$1,667,866 CAD
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19580 Tamarack St NW
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