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Caribou Trail Factory 544 Caribou Trail Trl

14,000 SF Industrial Building Lutsen, MN 55612 £625,857 (£45/SF)

Investment Highlights

  • Precast concrete maintenance free
  • 2 acres with additional property available adjacent
  • Free flowing Artesian water well

Executive Summary

Former manufacturing facility multi purpose building. Expandable footprint. Free flowing Artesian water well. Additional property available adjacent to facility.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £625,857 Rentable Building Area 14,000 SF
Price Per SF £45 Number of Floors 2
Sale Type Investment or Owner User Year Built 1975
Property Type Industrial Tenancy Single
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
  • Industrial Service
 Clear Ceiling Height 20 ft
Lot Size 2.00 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.
Price £625,857
Price Per SF £45
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
  • Industrial Service
Lot Size 2.00 AC
Rentable Building Area 14,000 SF
Number of Floors 2
Year Built 1975
Tenancy Single
Clear Ceiling Height 20 ft
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.

Amenities

  • Mezzanine
  • Air Conditioning
  • Smoke Detector

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
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PROPERTY TAXES

Parcel Number 27-113-2215 Total Assessment £307,994 (2023)
Land Assessment £43,865 (2023) Annual Taxes -£1 (£0.00/sf)
Improvements Assessment £264,129 (2023) Tax Year 2024

PROPERTY TAXES

Parcel Number
27-113-2215
Land Assessment
£43,865 (2023)
Improvements Assessment
£264,129 (2023)
Total Assessment
£307,994 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024

zoning

Zoning Code LBDA (Zoned Lutsen Business Development Area (LBDA) for multi purpose business zoning.)
LBDA (Zoned Lutsen Business Development Area (LBDA) for multi purpose business zoning.)
(218) 969-7470

Contact

  • Listing ID: 32016529

  • Date on Market: 04/06/2024

  • Last Updated:

  • Address: 544 Caribou Trail Trl, Lutsen, MN 55612

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VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

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544 Caribou Trail Trl, Lutsen, MN for sale Primary Photo- Image 1 of 25
Exterior South/West
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 2 of 25
Exterior West
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 3 of 25
Exterior North
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 4 of 25
Drilled Artesian Well
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 5 of 25
Living Quarters
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 6 of 25
Kitchen Apartment
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 7 of 25
Bedroom Apt.
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 8 of 25
Mezzanine
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 9 of 25
Electric Service Panels
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 10 of 25
Off Peak Furnaces
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 11 of 25
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544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 12 of 25
F12
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 13 of 25
F13
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 14 of 25
Overhead Door & Dock
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 15 of 25
Mezzanine
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 16 of 25
Main Floor
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 17 of 25
Main Floor
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 18 of 25
Main Floor
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 19 of 25
Roof
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 20 of 25
Laundry area
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 21 of 25
F21
544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 22 of 25
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544 Caribou Trail Trl, Lutsen, MN for sale Building Photo- Image 23 of 25
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544 Caribou Trail Trl, Lutsen, MN for sale Site Plan- Image 24 of 25
Site Plan

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© 2024 CoStar Group

Caribou Trail Factory | 544 Caribou Trail Trl
(218) 969-7470 x

Caribou Trail Factory | 544 Caribou Trail Trl

Mike Mehle

(218) 969-7470

(218) 969-7470

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