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INVESTMENT HIGHLIGHTS
- Turn-Key Opportunity: Can be purchased or leased as a fully equipped powder coating operation (business assets, equipment & inventory available
- Construction/Updates: Steel-clad building, built 1966; updated 2021–2022
- New $150,000 rubber roof
- Overall: Well-maintained, highly functional facility with excellent visibility and modern upgrades in a growing industrial market.
- Efficient heating systems (infrared & ceiling-hung gas in warehouse; forced air + A/C in offices)
EXECUTIVE SUMMARY
FOR SALE OR LEASE – 18,766 SF Industrial Facility in Hinckley, MN - Offered at $849,000 or for lease at $6.50/SF/YR Modified Gross, this versatile 18,766 sq. ft. steel-clad industrial building on 1.54 acres in Hinckley presents an exceptional opportunity for owner-users, investors, and specialty operators. Built in 1966 and updated in 2021–2022, the property features 1,841 sq. ft. of office space, including private offices, a conference room, and a lunch room, along with 16,925 sq. ft. of warehouse/shop area offering clear heights ranging from 14’ to 17'. Significant improvements include a new $150,000 rubber roof, LED lighting, vinyl-clad windows, updated finishes, and efficient heating systems—infrared and ceiling-hung gas units in the warehouse and forced-air heat with central A/C in the office area. Industrial functionality is enhanced by one drive-in door and one loading dock, supported by full municipal utilities, flat topography, and a site layout that allows excellent truck access and circulation. A gravel parking area accommodates 10–15 vehicles, with additional gravel surfaces around the building for loading, maneuvering, and outdoor storage. Zoning includes I – Industrial and P/SP – Public/Semi-Public, providing flexibility for a wide range of uses. The sale or lease offering includes real estate only; FF&E is excluded but available separately. The property can also be purchased or leased as a turn-key powder coating operation, with business assets, equipment, inventory, and goodwill available under a separate agreement. This well-maintained, highly functional facility—featuring strong visibility, modern upgrades, and adaptable space—offers a compelling opportunity in the expanding Hinckley industrial market.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$13,410
|
$0.71
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,410
|
$0.71
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $13,410 |
| Annual Per SF | $0.71 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $13,410 |
| Annual Per SF | $0.71 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Building Size
18,766 SF
Building Class
C
Year Built
1966
Price
$849,000
Price Per SF
$45.24
Tenancy
Single
Building Height
1 Story
Typical Floor Size
18,766 SF
Building FAR
0.28
Lot Size
1.54 AC
Opportunity Zone
Yes
Zoning
Industrial
Parking
15 Spaces (0.8 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
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