39 W Viking Dr - Light Manufacturing FOR SALE


Little Canada, MN 55117
$500,000 USD
651-983-8000
39 W Viking Dr, Little Canada, MN for Sale
$500,000 USD
Light Manufacturing - FOR SALE
1/3
null | Request Cap Rate

39 W Viking Dr
Little Canada, MN 55117


OVERVIEW

Lot size is 80 ft X 296 = 23,680 sq ft The property comes with a cell phone tower lease in the back portion of the lot. The cell tower pays $10,000 /year plus a portion of the real estate taxes. The cell tower lease is for ten years and automatically renews. Zoned Commercial - The property is currently being used for both residential and commercial. However, the new owner may only use the property for commercial purposes. There are several ideas this property could be used for. Tear down and redevelop or use the current house as office space and use the land for parking, storage, etc. According to the seller, a new building can be built up to the lot line on the West side of the property and 15 feet off from the East side. Redevelopment Opportunities for: Veterinary Clinic Dentist / Orthodontist practice Medical Office Law Office CPA Office Real Estate Office Insurance Office Any Professional Office Etc… OR, use the property as it currently sits… The property provides plenty of parking behind the current home/building. The existing home could be rehabbed and converted for office use for the following types of companies: Construction Electrician Plumbing Contractor Builder Roofing / Siding / Windows Company Restoration type company such as ServPro, etc Or some of the above such as a small Vet Clinic, Insurance Office Auto Repair (possible) Basically, the current property could be used for any type of business that needs outdoor parking/storage space plus office space by converting the house into office use. *All of the above ideas would need to be approved by the city.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.52

LAND SF

22,799

ZONING

-

APN/PARCEL ID

07-29-22-33-0010

ASK ABOUT THIS PROPERTY

Ryan DybevikThe Chad Schwendeman Real Estate GroupMore Info
651-983-8000

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Ryan DybevikThe Chad Schwendeman Real Estate GroupMore Info
651-983-8000

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