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Sold
$1,200,000  (list price)
$1,250,000
/mo Edit
Commercial:  Industrial/Warehouse
Built 2001
1.24 acres
Spring Lake Park schools
MLS# 6153927
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    Property Description

    Rare Flex Building For Sale in Great condition! 8, 532 total sf with 29800 sf of warehouse/industrial space and 5, 552 sf of office. Large 1.24 acre lot with an excellent expansion opportunity immediately to the south on the same lot. owner built this building in 2001 with expansion in mind - additional electrical service and panel already installed & space for another loading dock in the rear. The clean Warehouse space features 1 loading dock, 1 drive in door, single drive-in bay with a floor drain, a mezzanine for storage, and about 22" clear height. The 2 floors of office, a front reception area, conference room, resource room, kitchenette, 4 restrooms, private offices, and ample open space for cubes/desks. The current tenant, In Control, will be vacating end of September when their lease expires (they would like to stay until end of December if possible). Perfect for both an owner/User or Investor. Zoned I-1, Light industrial. Phase I has already been ordered.

    Listing

    Contingency: None
    City: Blaine
    County: Anoka
    State: MN
    Property Style: Industrial/Warehouse
    Zip Code: 55449
    Subdivision Name: Flanders Ind Park S 2nd Add

    Interior

    Finished Building Area: 8,532 ft2
    Ceiling Height: Varied Heights
    Basement Details: Slab

    Exterior

    Stories: Two
    Garage Spaces: 1
    Other Parking Spaces: 25
    Air Conditioning: Central Air
    Foundation Size: 5,600 ft2
    Handicap Accessible: No Stairs External
    Heating System: Forced Air
    Parking Features: Open
    Shared Amenities:
    • Concrete Floors & Walls
    • Fire Sprinkler System
    Exterior Material: Block
    Roof Details: Flat

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 1.24
    Geolocation: 45.1583880963, -93.1904490191
    Inclusions: Building, Leases, Land
    Lot Dimensions: 1 x 1
    Zoning:
    • Agriculture
    • Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 16
    District Phone: 763-786-5570

    Expenses

    Tenant Expenses: Taxes, Insurance, Water, Electricity, Fuel, Janitorial Service, Trash Collection, Snow Removal, Grounds Care, Cable TV

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $15,546
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $15,718
    Land Lease Amount: 0

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Industrial
    • Office
    • Professional Service
    • Warehouse
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Common
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

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    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.
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