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1201 NE 1st St 10,192 SF Office Building New Prague, MN 56071 For Sale
Executive Summary
Property Overview
Turnkey owner-user opportunity featuring a well-maintained, high-quality office building in New Prague, MN. This attractive brick facility offers flexible configurations for single or multi-tenant occupancy, making it ideal for a variety of professional or institutional users.
Key Highlights
10,192 SF office building on 1.55 acres
Strong owner-user or investment opportunity
High-quality construction with brick exterior and copper roof
Flexible layout with a mix of private offices and open areas
Multiple entrances allow for multi-tenant or single-user use
Approx. 51 on-site parking stalls
Updated lighting and interior finishes throughout
Geothermal heating & cooling system (energy efficient)
Strong visibility with convenient access in New Prague
Zoned B2 – Community Commercial
Property Details
Address: 1201 1st St NE, New Prague, MN
Building Size: 10,192 SF
Land Area: 1.55 acres (67,518 SF)
Year Built: 2001
Parking: ~51 spaces
Zoning: B2 – Community Commercial
Sprinklers: Mechanical room only
Taxes: Currently tax-exempt
Assessed Value (2026): $1,465,200
Price: Negotiable
Turnkey owner-user opportunity featuring a well-maintained, high-quality office building in New Prague, MN. This attractive brick facility offers flexible configurations for single or multi-tenant occupancy, making it ideal for a variety of professional or institutional users.
Key Highlights
10,192 SF office building on 1.55 acres
Strong owner-user or investment opportunity
High-quality construction with brick exterior and copper roof
Flexible layout with a mix of private offices and open areas
Multiple entrances allow for multi-tenant or single-user use
Approx. 51 on-site parking stalls
Updated lighting and interior finishes throughout
Geothermal heating & cooling system (energy efficient)
Strong visibility with convenient access in New Prague
Zoned B2 – Community Commercial
Property Details
Address: 1201 1st St NE, New Prague, MN
Building Size: 10,192 SF
Land Area: 1.55 acres (67,518 SF)
Year Built: 2001
Parking: ~51 spaces
Zoning: B2 – Community Commercial
Sprinklers: Mechanical room only
Taxes: Currently tax-exempt
Assessed Value (2026): $1,465,200
Price: Negotiable
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
10,192 SF
Building Class
A
Year Built
2001
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,192 SF
Building FAR
0.15
Lot Size
1.55 AC
Zoning
Commercial
Parking
35 Spaces (3.43 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 24-057-005-0 | Improvements Assessment | $1,262,600 |
| Land Assessment | $202,600 | Total Assessment | $1,465,200 |
Property Taxes
Parcel Number
24-057-005-0
Land Assessment
$202,600
Improvements Assessment
$1,262,600
Total Assessment
$1,465,200
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1201 NE 1st St
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