For Sale: Baldwin Twp MLS# 6796267
Active
$549,999
Commercial: Industrial/Warehouse
Built 2002
Princeton schools
MLS# 6796267
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Property Description
Great opportunity to own this commercial building on prime Princeton location. Perfect for owners shop and office in front and rent out the rest of the building for storage. Large 112x42 two story building currently being used as a storage facility offers: 2 - 41 deep units with 12x16 overhead doors, 1 - 24 deep unit with 10x14 overhead door and attached office space, 12 - 20x10 units with 9x7 overhead doors. Upper level offers 5 - 10x18 units all with windows and electric. 11 new 8x20 containers added to the property in 2020. New roof installed 2022. Potential cap rate of 9.7% with rent increase and units to market rate.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$549,999
Property Type:
Commercial
City:
Baldwin Twp
Garage Spaces:
0
County:
Sherburne
Year Built:
2002
State:
MN
Property Style:
Industrial/Warehouse
Zip Code:
55371
Subdivision Name:
Georgetown First Add
Exterior
Garage Spaces:
0
Other Parking Spaces:
1
Foundation Size:
4,704 ft2
Handicap Accessible:
Doors 36"+, Hallways 42"+
Heating System:
None
Parking Features:
- Asphalt
- Attached Garage
- Multiple Garages
- Open
- Parking Lot
- RV Access/Parking
- Secured
- Storage
- Units Vary
Exterior Material:
Steel Siding
Lot & Land
Acres:
0
Geolocation:
45.541201, -93.586295
Inclusions:
Building, Fixture/Equipment, Land, Leases, Other
Lot Dimensions:
29997
Zoning:
- Business/Commercial
- Industrial
Schools
School District:
477
District Phone:
763-389-2422
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,574
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,574
Units
Total Units:
43
Miscellaneous
Current Use:
Storage Facility
Fuel System:
Electric
Sewer System:
- Private Sewer
- Tank with Drainage Field
Available Utilities:
- Electric Separate
- Hot Water Separate
Water System:
Well
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.