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16740 Welcome Ave SE 4,531 SF Flex Building Prior Lake, MN 55372 $1,000,000 ($220.70/SF)

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INVESTMENT HIGHLIGHTS

  • Heated garage and multiple parking options for operational flexibility.
  • Includes two open sheds, fenced and gated parking, and 11–14 storage containers.
  • Convenient access via Eagle Creek/185th to Welcome Avenue; city water and sewer connected.

EXECUTIVE SUMMARY

Discover a rare industrial opportunity in the thriving Prior Lake market. This freestanding property sits on a generous 1.21-acre lot and offers exceptional functionality for businesses seeking flexible space and outdoor storage. The 4,990-square-foot building is thoughtfully divided into four individual spaces, each equipped with its own restroom, making it ideal for multi-tenant use or a single operator with diverse operational needs. Complementing the main structure are two open sheds, secure fencing, gated parking, and 11–14 storage containers, providing ample room for equipment, inventory, or specialty storage.

PROPERTY FACTS

Price $1,000,000
Price Per SF $220.70
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Lot Size 1.21 AC
Rentable Building Area 4,531 SF
No. Stories 1
Year Built 1978
Tenancy Single
Parking Ratio 2.21/1,000 SF
No. Drive In / Grade-Level Doors 3

AMENITIES

  • Fenced Lot
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-901-008-2
Land Assessment
$249,100
Improvements Assessment
$65,000
Total Assessment
$314,100
  • Listing ID: 39069171

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: 16740 Welcome Ave SE, Prior Lake, MN 55372

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