185 Highpoint Pl NE
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185 Highpoint Pl NE
5,720 SF 100% Leased Office Building Byron, MN 55920 For Sale
Investment Highlights
- Fully Leased Investment Opportunity
- Roof is only 3 years old
- Tenants Pay Utilities
Executive Summary
Excellent opportunity to purchase a professional multi tenant office/retail building in Byron, MN! This building is currently fully leased with three tenants that include a counseling business, a hair salon, and a flooring business. All utilities are paid by the tenants, landlord is responsible for water, garbage, property taxes, and insurance. Each space has its own bathroom as well as back entrance leading to an employee parking lot. There is also a spacious front parking lot for all clients and customers. This building got a new roof just three years ago.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,720 SF
Building Class
B
Year Built
2005
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
5,720 SF
Slab to Slab
8 ft
Building FAR
0.16
Land Acres
0.84 AC
Zoning
C - Commercial District
Parking
45 Spaces (7.87 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 75.33.23.069461 | Improvements Assessment | £417,437 |
| Land Assessment | £86,695 | Total Assessment | £504,133 |
PROPERTY TAXES
Parcel Number
75.33.23.069461
Land Assessment
£86,695
Improvements Assessment
£417,437
Total Assessment
£504,133
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Jay Christenson -
Loam Commercial Real Estate
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185 Highpoint Pl NE
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