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498 7th St
Newport, MN 55055

Newport Light Industrial Land · Land For Sale · 3.57 AC

Executive Summary

Development opportunity for light industrial use
Convenient location in thriving east metro area
Completed environmental work
City and community encourages growth and development
Great for mini storage; zoning excludes auto repair and body shop
Located near Glen Road and Hwy 61
Visible from highway
Easy access to I-494, Minneapolis St. Paul International Airport, St. Paul Airport and Mall of America
Portfolio package including the following properties:
760 6th St, Newport, MN 55055
500 7th Ave, Newport, MN 55055
498 7th Ave, Newport, MN 55055
400 7th Ave, Newport, MN 55055
Land Parcels:
Parcel 01.027.22.21.0031, 20,644 SF
Parcel 01.027.22.21.0030, 44,828 SF
Parcel 01.027.22.21.0029, 38,367 SF
Parcel 01.027.22.21.0028, 51,400 SF
Total: 155,510 SF

PROPERTY FACTS

Sale Type Investment Property Type Land
Sale Conditions Development Sale Property Subtype Commercial
No. Lots 1 Total Lot Size 3.57 AC
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.57 AC

1 Lot Available

Lot

Price £768,491 Lot Size 3.57 AC
Price Per AC £215,264
Price £768,491
Price Per AC £215,264
Lot Size 3.57 AC

Parcel 01.027.22.21.0031, 20,644 SF Parcel 01.027.22.21.0030, 44,828 SF Parcel 01.027.22.21.0029, 38,367 SF Parcel 01.027.22.21.0028, 51,400 SF Total: 155,510 SF

Description

Portfolio package including the following properties: 760 6th St, Newport, MN 55055 500 7th Ave, Newport, MN 55055 498 7th Ave, Newport, MN 55055 400 7th Ave, Newport, MN 55055

Links

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-027-22-21-0030
  • 01-027-22-21-0028
  • 01-027-22-21-0031
 Improvements Assessment £120,238
Land Assessment £274,297 Total Assessment £394,535

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-027-22-21-0030
  • 01-027-22-21-0028
  • 01-027-22-21-0031
Land Assessment
£274,297
Improvements Assessment
£120,238
Total Assessment
£394,535

zoning

Zoning Code B2
B2
 

  • Listing ID: 23333162

  • Date on Market: 08/06/2021

  • Last Updated:

  • Address: 498 7th St, Newport, MN 55055

The Land Property at 498 7th St, Newport, MN 55055 is currently available for sale. Contact Commercial Equities Group Inc for more information.

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