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Investment Highlights

  • Flexible property suitable for multiple uses including industrial, professional offices, and business opportunities.
  • Equipped with three forced-air furnaces and three central air units for zoned climate control throughout the building.
  • Wide hallways and no internal stairs enhance accessibility and ease of movement within the building.
  • Features a front lobby with a large office, private 1½ bath, conference room, kitchen/breakroom, and 10 additional offices.
  • Includes a heated two-stall tandem garage with four overhead doors, providing functional storage or operational space.
  • Updated roof between 2011 and 2014 and vinyl window sliders for improved efficiency.

Executive Summary

Garage space is currently rented out at 500/month. Agents to verify all measurements. Property taxes are 6482 per year and electricity/water/sewer all on one bill = 2572.87 per year. Three FA furnaces zoned and 3 CA units.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $8,242 $1.37
Other Income - -
Vacancy Loss - -
Effective Gross Income $8,242 $1.37
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $8,242
Annual Per SF $1.37
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $8,242
Annual Per SF $1.37
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,000 SF
Building Class
C
Year Built
1990
Price
$247,132 CAD
Price Per SF
$41.19 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.14
Lot Size
1.00 AC
Zoning
Commercial - Currently rented in garage space for mechanic, also in past used as storage units, daycare and office space. Call City regarding multi-family use.
Parking
12 Spaces (2 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Heartland Headstart
  • Services
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • $2.23 CAD
  • -

Primerica est une société de services financiers qui dessert le marché des revenus moyens aux États-Unis, au Canada, à Porto Rico et à Guam. En 1977, ils ont lancé la philosophie « Buy Term and Invest the Difference », qui répond à deux des plus grands besoins financiers auxquels presque toutes les familles sont confrontées : la protection du revenu avec une assurance-vie temporaire et l'épargne pour l'avenir grâce à une solide stratégie de placement. Primerica utilise son analyse des besoins financiers (ACF) gratuite, confidentielle et personnalisée pour aider les clients à comprendre où ils se trouvent financièrement et à élaborer un programme pour atteindre leurs objectifs !

Tenant Industry SF Occupied Rent/SF Lease End
Heartland Headstart Services - - -
Finance and Insurance - $2.23 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
22.088.0270
Land Assessment
$56,735 CAD (2024)
Improvements Assessment
$304,004 CAD (2024)
Total Assessment
$360,739 CAD (2024)
  • Listing ID: 39815678

  • Date on Market: 2026-03-18

  • Last Updated:

  • Address: 2020 9th St E, Glencoe, MN 55336

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