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


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 | Rentable Building Area | 4,531 SF |
| Price Per SF | $220.70 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1978 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Manufacturing | Parking Ratio | 2.21/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.21 AC |
| 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
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PROPERTY TAXES
| Parcel Number | 25-901-008-2 | Improvements Assessment | $65,000 |
| Land Assessment | $249,100 | Total Assessment | $314,100 |
PROPERTY TAXES
Parcel Number
25-901-008-2
Land Assessment
$249,100
Improvements Assessment
$65,000
Total Assessment
$314,100
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16740 Welcome Ave SE
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