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1117 2nd Ave Bingham Lake 1117 2nd Ave 6,192 SF Industrial Building Bingham Lake, MN 56118 $450,000 ($72.67/SF)

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INVESTMENT HIGHLIGHTS

Conveniently located off of Highway 60
Heated shop with pit

Remodeled in 2017 with ample office and lounge space

EXECUTIVE SUMMARY

Welcome to your new business location! This floor plan outlines two main connected structures: a Post Frame Shop and a Wood Frame Office. While it is currently used as a shop and for rental equipment - this location offers endless opportunities for example but not exempt -
Specialty Showroom and service center, distribution and e-commerce hub, light manufacturing or fabrication, construction or trades headquarters, automotive or heavy equipment. Do you need room to grow? - Additional, adjacent land is available for discussion. Schedule a private showing today!
Key Building Details:
High Visibility/Access: Easy access via Hwy 60.
Shop Construction: Main Post Frame Shop
Overall size: 99'x48'
Total Area: 4,752 sq ft
Features a new concrete floor, 200 amp service and forced air heat. (220 Volt single phase). Its insulated and heated. The interior steel ceiling has been updated as well. Two 14'x14' Overhead Doors (OHE) on the left wall.
One 20'x14' Overhead Door (OHE) on the bottom wall.
Office Construction: Moved across town to site in 2017, Features a new steel roof (2022), stained concrete floors, and recently gutted/remodeled with new wiring and plumbing, Bathroom and extra storage space in the attic.
Wood Frame Office -Overall size: 60'x24'
Total Area: 1,440 sq ft
Interior Room Dimensions:
Reception Office: 13'x10' & additional reception area: Open Space
Offices (Right Side): Two Offices, each measuring 16'x12'
Lunch Room: 19'x12'
Utility Room: 12'x12'
Bathroom: 13'x6'

Floorplan

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access	ANNUAL	ANNUAL PER SF
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

PROPERTY FACTS

Price	$450,000	Lot Size	2.67 AC
Price Per SF	$72.67	Rentable Building Area	6,192 SF
Sale Type	Owner User	No. Stories	1
Property Type	Industrial	Year Built/Renovated	1980/2017
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial

Price	$450,000
Price Per SF	$72.67
Sale Type	Owner User
Property Type	Industrial
Building Class	C
Lot Size	2.67 AC
Rentable Building Area	6,192 SF
No. Stories	1
Year Built/Renovated	1980/2017
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial