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1317 Ray Dr

3,624 SF 100% Leased Retail Building Worthington, MN 56187 £939,960 (£259/SF)

Executive Summary

A remarkable commercial building poised for further development! Nestled on a prominent corner lot in a vibrant area boasting significant traffic and visibility, this structure presents limitless prospects. Designed to facilitate expansion towards the west, the property is primed for growth. The infrastructure includes conduit running beneath the front parking zone, enabling effortless installation of additional lighting or signage as desired. Each unit within this property is equipped with its individual restroom facilities, prioritizing convenience for occupants. This opportunity exudes greatness, promising a wealth of possibilities.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,624 SF
Building Class
B
Year Built
2017
Price
£939,960
Price Per SF
£259
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.09
Lot Size
0.94 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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Nearby Major Retailers

Scooter's Coffee
Hy-Vee
Starbucks
Maui Tacos
Caribou Coffee
Perkins Restaurant & Bakery
The YMCA
Bank of Montreal

PROPERTY TAXES

Parcel Number 31-2492-500 Improvements Assessment £193,788
Land Assessment £257,549 Total Assessment £451,337

PROPERTY TAXES

Parcel Number
31-2492-500
Land Assessment
£257,549
Improvements Assessment
£193,788
Total Assessment
£451,337
(715) 977-1344

Contact

  • Listing ID: 30473258

  • Date on Market: 28/12/2023

  • Last Updated:

  • Address: 1317 Ray Dr, Worthington, MN 56187

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© 2024 CoStar Group

1317 Ray Dr
(715) 977-1344 x

1317 Ray Dr

Kari Francois

(715) 977-1344

(715) 977-1344

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