MN > Baldwin Twp > Georgetown First Add
Baldwin Twp, MN 55371,31503 125 1/2 ST
Baldwin Twp, MN 55371,31503 125 1/2 ST
Baldwin Twp, MN 55371,31503 125 1/2 ST
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Chad Pederson

Chad Pederson

+1(612) 325-8745
$574,999
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Georgetown First Add

MLS Listing ID 6796267

Year Built 2002

Annual Tax Amount $4,574

Tax Year 2025

Contingent None

Lot Dimensions 29997

Property Sub-Type Industrial

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.

Location

State MN

County Sherburne

Zoning Business/Commercial,Industrial

Interior

Heating None

Inclusions Building, Fixture/Equipment, Land, Leases, Other

Fireplace No

Exterior

Parking Features Attached Garage, Asphalt, Multiple Garages, Parking Lot, RV Access/Parking, Secured, Storage, Open, Units Vary

Utilities Available Electric Separate, Hot Water Separate

Present Use Storage Facility

Building

Foundation 4704

Sewer Private Sewer, Tank with Drainage Field

Water Well

Structure Type Steel Siding

Schools

School District Princeton

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Listed by Jared Hansen • Edina Realty, Inc.

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Chad Pederson

Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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