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Executive Summary

Industrial Storage Condo for Sale or Lease
Check out this investment offering a perfect blend of space, flexibility, and value. Units B3 & B4 at The Workshop of Watertown (721 Industrial Blvd, Watertown) aren’t just garage condos — they’re an opportunity. Built in 2022, these versatile units provide the perfect home for your RV, boats, or car collection, while also offering space for a workshop, studio, or business needs. Ownership here means more than storage! With low-maintenance construction, modern amenities, and a growing demand for secure, flexible spaces, these units are positioned as smart, long-term investments. Whether you plan to use them personally or rent to others in need of premium storage, this space delivers income potential alongside convenience. Located in Watertown — just a short drive to the Twin Cities — this property combines small-town accessibility with metro proximity, making it attractive to both users and investors. Security, convenience, and appreciating value are all wrapped into your own deeded space at The Workshop of Watertown.

Property Facts

Price $292,022 CAD
Price Per SF $7.52 CAD
Sale Type Investment or Owner User
Property Type
Industrial
  • Flex Research & Development
  • Industrial Warehouse
  • FlexLight Distribution
Building Class B
Lot Size 0.09 AC
Rentable Building Area 38,821 SF
No. Stories 1
Year Built 2022
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Construction
  • -
  • -
  • -

Schwarz Builders is a Minnesota-based construction company specializing in custom home building and remodeling. Founded in 1989, the company has built a reputation for delivering high-quality residential projects with a focus on design and craftsmanship. Operating from its Minnetonka headquarters, Schwarz Builders provides services that include new home construction, architectural design, and home renovations. The firm emphasizes the use of premium materials and adherence to rigorous building standards to ensure durability and aesthetic appeal. Over the years, Schwarz Builders has completed numerous projects across the region, showcasing expertise in creating personalized living spaces tailored to client needs. The company is privately held and continues to serve homeowners seeking distinctive and functional designs.

  • Security & Sound Co
  • Wholesaler
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Construction - - -
Security & Sound Co Wholesaler - - -
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 85.6010300
  • 85.6010380
  • 85.6010460
  • 85.6010490
  • 85.6010430
  • 85.6010340
  • 85.6010470
  • 75.4730430
  • 85.6010260
  • 85.6010200
  • 85.6010120
  • 85.6010010
  • 85.6010360
  • 85.6010070
  • 85.6010090
  • 85.6010110
  • 85.6010540
  • 85.6010330
  • 85.6010310
  • 85.6010130
  • 85.6010240
  • 85.6010150
  • 85.6010440
  • 85.6010140
  • 85.6010390
  • 85.6010100
Land Assessment
$599,479 CAD
Improvements Assessment
$5,751,578 CAD
Total Assessment
$6,351,057 CAD
  • Listing ID: 39990698

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 721 Industrial Blvd, Watertown, MN 55388

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