CBC Orion Real Estate Advisors are pleased to offer For Sale, 480 Park Avenue in Eden Valley, MN. The subject property consists of a 128,000 +/- square foot industrial complex – currently 100% leased by Crown Crafts, Inc (dba Manhattan Toy Company), until June 30, 2026.
Property is conveniently located just one block off Highway 55 and in close proximity to Highway 15. Location is approximately 70 miles northwest of the Twin Cities, and 30 miles from Saint Cloud.
Offering consists of eight buildings totaling over 128,000 SF on approx. 5.15 +/- acres. The tenant, Crown Crafts, Inc, is one of the world’s largest infant product manufacturers. Manhattan Toy Company has occupied the property for over 20 years. Most of the buildings were built in the 1990’s and 2000’s. All buildings are fully sprinkled and feature 11 loading docks, 4 drive in doors, Three phase power, several front offices, breakroom/conference room, and more.
Excellent opportunity for an owner occupier to secure their location and capitalize on the rental income until the tenant vacates, or for an investor to acquire the property at a high cap rate with a low basis and re-lease the buildings at market rates.
*** Offered For Sale at $3,500,000 ***
Contact Scott Schmitt, CCIM with CBC Orion Real Estate Advisors for Further Details on this Offering (320) 267-4576