12,850 SF Industrial Building For Sale

12,850 SF Industrial Building For Sale - Owner/User or Investment Opportunity

7701-7703 Commerce Way is a fantastic, hard-to-find small industrial property. Pride of ownership is evident throughout this clean and well-maintained property. The fully climatized 12,850 sf building is nicely situated on 1.08 acres in a desirable Eden Prairie location with proximity to Highway 5, Highway 212 and to Interstate I-494. Flying Cloud Airport is only 7 minutes away providing access for personal and corporate aircraft, and The Minneapolis/St. Paul International Airport is just 14 miles east. The property was previously demised for 3 tenants with front door and rear drive-in door access for all 3 tenants. The current tenant has occupied the entire building for many years and has a lease through July of 2021, but confidentially has expressed an interest in vacating as early as summer of 2020 to accommodate a potential sale of their business, making this an ideal opportunity for an owner/user or an investor with small industrial tenants in tow.

Highlights and Features:

• County: Hennepin
• PID: 09-116-22-44-0033
• Parcel Area: 1.08 acres (46,979 sf)
• Year Built: 1971 with an addition in 1979
• Zoning: Industrial Park - 2-acre minimum
• Floors: 1
• Parking: 45 spaces
• Roof: 60 mil rubber membrane roof less than 10 years old
• Windows: Replaced 2 years ago
• Bathrooms: 2 new ADA
• Electrical: 800 amps, Parabolic lights in the office and production area
• HVAC: 8 rooftop units (6 are new).
• Loading: Three (3) drive-ins with exterior loading platform (new doors)
• Ceiling Height: 12’ clear
• Occupancy: 100%

Available For Sale: 12,850 sf
2020 Tax: $34,639.58
Sale Price: $1,200,000.00