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Active NEW!
$1,700,000
/mo Edit
Commercial:  1 Story
Built 2017
1.1 acres
Stewartville schools
MLS# 7141412
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    Property Description

    Offering an exceptional opportunity for an owner-occupier or investor, this premium flex building built in 2017 has been meticulously maintained by its current owner and presents in like-new condition. The property provides strong, immediate cash flow as a leased building anchored by solid co-tenants, including a general contractor and detail shop, with one flexible suite opening up for lease soon. Designed for heavy utility and high efficiency, suites vary and mostly feature 18-foot clear height ceilings, in-floor drainage, dedicated heating, individual restrooms, along with updates that allow for vehicles to be parked inside & worked on. End-cap units feature built-in office spaces, and all suites offer exceptional access via 14-foot overhead garage doors—including dual 14-foot doors in Suites D and B/C, plus an additional 10-foot side door in Suite D. Convenience is further elevated by a massive 40-stall shared parking lot and a strategic location just off Highway 63, placing your operation five minutes from the Rochester International Airport and directly connected to the highway leading into Downtown. Quick Highlights: - Meticulously Maintained, 2017 Construction - 18' Clear Height Ceilings in Select Areas - 14' Overhead Doors - In-Floor Drains, Multiple Heat Sources, and More!

    Listing

    Contingency: None
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: 1 Story
    Zip Code: 55902
    Subdivision Name: Airport Indust Park

    Interior

    Ceiling Height: 16-20
    Flooring: Concrete Slab
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 5
    Garage Dimensions: 0
    Garage Door Height: 14
    Garage Door Width: 9
    Air Conditioning: Central Air
    Foundation Size: 12,320 ft2
    Foundation Dimensions: 220 x 56
    Handicap Accessible: Partially Wheelchair
    Heating System: Other
    Parking Features: Parking Lot
    Road Frontage: City Street
    Roof Details:
    • Age Over 8 Years
    • Metal

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 1.1
    Geolocation: 43.92303, -92.476142
    Inclusions: Building, Land
    Lot Dimensions: 324 x 149
    Zoning:
    • Business/Commercial
    • Industrial

    Schools

    School District: 534
    District Phone: 5075331438

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $43,660
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $43,660

    Income

    Annual Gross Income: $130,122

    Rent

    Annual Net Income: $85,728

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Commercial
    • Professional Service
    • Professional/Office
    • Warehouse
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

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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!

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    Listing provided by RMLS, courtesy of Realty Growth Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.