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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

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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
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
  • 1st Floor
  • 1,000 sq ft
  • Industrial
  • -
  • Now

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

PROPERTY TAXES

Parcel Number
R01-09-07-229-002
Land Assessment
£77,769
Improvements Assessment
£776,714
Total Assessment
£854,483
  • Listing ID: 26853699

  • Date on Market: 14/10/2022

  • Last Updated:

  • Address: 1415 1st Ave, Mankato, MN 56001

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