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Bush Lake Business Center 10951 Bush Lake Rd 155,000 SF Vacant Industrial Building Bloomington, MN 55438 For Sale

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EXECUTIVE SUMMARY

155,000 SF industrial building for sale or lease, 105,000 SF of 23' clear warehouse and 50,000 SF of office that is on two floors. The property is over 15 acres and there is potential to expand the building if needed. Ample parking with new asphalt work done in 2024, the property is also conditionally approve for an acre of outdoor storage. 3,000 amps of 480 volt 3 phase power, with an operating backup generator on site. Great access to 169, 494 and 35W, there are also many area restaurants and amenities. The first floor office space can be converted into tech or low clear warehouse space, and the building has two main entries to allow for multiple tenants. The building has 6 dock doors and 2 drive in doors, there is new painting and LED motion sensor lighting throughout the warehouse. This is a professional, corporate image property with significant work and improvements done to the property over the last two years.

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 15.01 AC
Rentable Building Area 155,000 SF
No. Stories 2
Year Built/Renovated 1988/1997
Parking Ratio 2.72/1,000 SF
Clear Ceiling Height 23’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 2
Zoning IP

AMENITIES

  • Mezzanine
  • Raised Floor
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 20,000-155,000 SF
  • Industrial
  • Full Build-Out
  • Now

155,500 SF office and warehouse space for lease. Up to 130,000 SF of warehouse space available, with new paint, lighting, and additional loading. The building has 27,000 - 52,000 SF of office space available, but Landlord is willing to create tech, lab or air conditioned low clear warehouse space. Month to Month Warehouse option, Long Term Office/Warehouse Option. Under new ownership. Landlord is open to office users as small as 20,000 SF. The building is devisable, and has 3,000 amps of 3 phase 480 power along with heavy parking, great access to 35W and Hwy 169. The property is under new local ownership. Asking $9.75 for office and $5.75 for warehouse.

Space Size Space Use Condition Available
1st Floor 20,000-155,000 SF Industrial Full Build-Out Now

1st Floor

Size
20,000-155,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 20,000-155,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

155,500 SF office and warehouse space for lease. Up to 130,000 SF of warehouse space available, with new paint, lighting, and additional loading. The building has 27,000 - 52,000 SF of office space available, but Landlord is willing to create tech, lab or air conditioned low clear warehouse space. Month to Month Warehouse option, Long Term Office/Warehouse Option. Under new ownership. Landlord is open to office users as small as 20,000 SF. The building is devisable, and has 3,000 amps of 3 phase 480 power along with heavy parking, great access to 35W and Hwy 169. The property is under new local ownership. Asking $9.75 for office and $5.75 for warehouse.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-116-21-33-0010
Land Assessment
$5,231,300
Improvements Assessment
$268,700
Total Assessment
$5,500,000
  • Listing ID: 35315647

  • Date on Market: 3/31/2025

  • Last Updated:

  • Address: 10951 Bush Lake Rd, Bloomington, MN 55438

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