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1415 1st Ave 42,410 sq ft 98% Let Light Industrial Property Mankato, MN 56001 £953,414 (£22.48/sq ft) 10.74% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Income producing property
- good mix of tenants
- Good central location
- good visibility
EXECUTIVE SUMMARY
Price improvement multi industrial. Upside potential, Location, Tenant Mix, Dock and OHD
PROPERTY FACTS
| Price | £953,414 | Total Plot Size | 1.19 ac |
| Price per sq ft | £22.48 | Net Internal Area (NIA) | 42,410 sq ft |
| Sale Type | Investment | No. Floors | 1 |
| Yield | 10.74% | Year Built/Renovated | 1940/1999 |
| Property Type | Light Industrial | Parking Allocation | 0.27/1,000 sq ft |
| Property Subtype | Showroom | Opportunity Zone |
Yes
|
| Costar Property Class | C | ||
| Use Class | Industrial | ||
| Price | £953,414 |
| Price per sq ft | £22.48 |
| Sale Type | Investment |
| Yield | 10.74% |
| Property Type | Light Industrial |
| Property Subtype | Showroom |
| Costar Property Class | C |
| Total Plot Size | 1.19 ac |
| Net Internal Area (NIA) | 42,410 sq ft |
| No. Floors | 1 |
| Year Built/Renovated | 1940/1999 |
| Parking Allocation | 0.27/1,000 sq ft |
| Opportunity Zone |
Yes |
| Use Class | Industrial |
AMENITIES
- Security System
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
- 1st Floor
- 2,000 sq ft
- Industrial
- -
- 30 Days
Heated with water this is a great working space
- 1st Floor
- 1,000 sq ft
- Office
- -
- 30 Days
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,000 sq ft | Industrial | - | 30 Days |
| 1st Floor | 1,000 sq ft | Industrial | - | Now |
| 1st Floor | 1,000 sq ft | Office | - | 30 Days |
1st Floor
| Size |
| 2,000 sq ft |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 30 Days |
1st Floor
| Size |
| 1,000 sq ft |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size |
| 1,000 sq ft |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 1,000 sq ft |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Heated with water this is a great working space
PROPERTY TAXES
| Parcel Number | R01-09-07-229-002 | Improvements Assessment | £776,714 |
| Land Assessment | £77,769 | Total Assessment | £854,483 |
PROPERTY TAXES
Parcel Number
R01-09-07-229-002
Land Assessment
£77,769
Improvements Assessment
£776,714
Total Assessment
£854,483
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1415 1st Ave
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