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701 1st St 31,671 SF 91% Leased Industrial Building Farmington, MN 55024 $1,953,280 CAD ($61.67 CAD/SF)
INVESTMENT HIGHLIGHTS
- For Sale - $47/sf
- 1.96 Acres
- 31,761 Square Feet
- Value-Add Opportunity
EXECUTIVE SUMMARY
For Sale: $1,400,000 ($44/sf)
NOI: $107,653
Lease Types: NNN
Owner/User Option: Yes
Operating Expenses/Taxes: $3.75/sf
Total Square Footage: 31,761 square feet
Lot Size: 1.96 Acres
Zoning: I1
Roof: Replaced 2020
Number of Tenants: 11
Year Built: 1951
Clear Height: 9'
-14'
Loading: 6 Drive-In Doors + 1 Loading Dock
NOI: $107,653
Lease Types: NNN
Owner/User Option: Yes
Operating Expenses/Taxes: $3.75/sf
Total Square Footage: 31,761 square feet
Lot Size: 1.96 Acres
Zoning: I1
Roof: Replaced 2020
Number of Tenants: 11
Year Built: 1951
Clear Height: 9'
-14'
Loading: 6 Drive-In Doors + 1 Loading Dock
PROPERTY FACTS
| Price | $1,953,280 CAD | Rentable Building Area | 31,671 SF |
| Price Per SF | $61.67 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1951 |
| Property Type | Industrial | Parking Ratio | 0.47/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 1.96 AC | No. Drive In / Grade-Level Doors | 6 |
| Zoning | I (Industrial) | ||
| Price | $1,953,280 CAD |
| Price Per SF | $61.67 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.96 AC |
| Rentable Building Area | 31,671 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Parking Ratio | 0.47/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | I (Industrial) |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl - C | 2,811 SF | Industrial | - | Now |
1st Fl - C
| Size |
| 2,811 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl - C
| Size | 2,811 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
1 1
PROPERTY TAXES
| Parcel Number | 14-77000-04-030 | Improvements Assessment | $476,752 CAD |
| Land Assessment | $103,070 CAD | Total Assessment | $579,822 CAD |
PROPERTY TAXES
Parcel Number
14-77000-04-030
Land Assessment
$103,070 CAD
Improvements Assessment
$476,752 CAD
Total Assessment
$579,822 CAD
1 of 32
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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701 1st St
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