1150 Mckinley St - Manufacturing FOR SALE


Anoka, MN 55303
$1,475,000 USD
612-963-5147
1150 Mckinley St, Anoka, MN for Sale
$1,475,000 USD
Manufacturing - FOR SALE
1/12
null | Request Cap Rate

1150 Mckinley St
Anoka, MN 55303


OVERVIEW

Prime investment opportunity offering flexible office and industrial space. This property is ideal for an owner-occupant or investor and is situated on a spacious 1.7-acre lot with city-approved outdoor storage options and potential to expand up to an additional 27,000 square feet (green space and setback requirements must be met). It features two private offices, additional open office cubicle space, a meeting room, and a break room for employees. The warehouse includes approximately 18’ clearance, two dock doors, and one drive-in door, with ample space to accommodate semi-trailers for daily deliveries to the loading docks. Recent updates include newly installed air conditioning in the warehouse, new LED lighting, significantly improving comfort and working conditions, and a fresh exterior paint job. Infrastructure highlights include a recent VOIP phone system upgrade, 3-phase 440 volts electrical, a sprinkler system throughout the building, two-zone controlled forced-air heat, and backup radiant heat with three-zone control in the warehouse. The property also provides approximately 40 outdoor parking spaces. With its strategic features and flexible use potential, this property is a rare opportunity for business growth or investment.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.7

LAND SF

74,030

ZONING

M-1

APN/PARCEL ID

35-32-25-42-0021

ASK ABOUT THIS PROPERTY

Chad HeerSummit Commercial Real EstateMore Info
612-963-5147

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Chad HeerSummit Commercial Real EstateMore Info
612-963-5147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.