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Winthrop Shop 111 2nd St 3,600 SF 100% Leased Industrial Building Winthrop, MN 55396 $149,900 ($41.64/SF)



EXECUTIVE SUMMARY
This 60' x 60' metal building, originally constructed as a welding shop, offers a highly functional and versatile industrial or commercial space. Located on a sizable lot, it features 13-foot side walls and a durable concrete floor, ideal for heavy-duty work and equipment. The interior is well-lit with fluorescent lighting fixtures throughout. The shop is equipped with a 20-foot wide by 12-foot high overhead door operated by a garage door opener, allowing easy access for large vehicles or equipment. Inside, you'll find a 9' x 19' office area suitable for administrative or management use, with a mezzanine above that has a 6-foot ceiling height—perfect for additional storage or light-duty workspace. One of the building's standout features is a 2-ton hoist system on a craneway with a 24-foot span and 39-foot run, providing excellent support for lifting and material handling tasks. It also includes plumbed air compressor supply lines for pneumatic tools, and the space is heated with forced air heat, making it usable year-round. This property is ideally suited for light manufacturing, fabrication, mechanical work, or any business needing robust utility infrastructure in a functional layout. Property also available on a for lease basis.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Floor Drains
- Mezzanine
- Storage Space
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 37.0078.000 | Total Assessment | $63,500 |
| Land Assessment | $13,800 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $49,700 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
37.0078.000
Land Assessment
$13,800
Improvements Assessment
$49,700
Total Assessment
$63,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Winthrop Shop | 111 2nd St
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