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200 4th Ave NE, Rice, MN 200 4th Ave NW 4,280 SF Industrial Building Rice, MN 56367 $680,000 ($158.88/SF)



Executive Summary
Newly constructed in 2024, this 4,280 sq ft commercial building sits on a 1.21 acres and is currently used as a mechanic shop/ dealership. The property features a large shop area with 5 overhead doors, high ceilings (16ft) suitable for vehicle lifts, a heated and insulated garage with floor drains, office/ flex space, and ample parking including rv/ trailer access.
This is the sale of the real estate/ building only (although equipment can be included at an additional cost). The existing business, all equipment, tools, inventory, and furnishings are not included in the sale.
Zones business/ commercial with possible uses including shop, warehouse, or other commercial applications. Ideal opportunity for owner-user or investor to lease.
Buyer to verify all information, including zoning, permit uses, and any applicable codes or requirements.
This is the sale of the real estate/ building only (although equipment can be included at an additional cost). The existing business, all equipment, tools, inventory, and furnishings are not included in the sale.
Zones business/ commercial with possible uses including shop, warehouse, or other commercial applications. Ideal opportunity for owner-user or investor to lease.
Buyer to verify all information, including zoning, permit uses, and any applicable codes or requirements.
Property Facts
| Price | $680,000 | Rentable Building Area | 4,280 SF |
| Price Per SF | $158.88 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2024 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | B | Clear Ceiling Height | 16’ |
| Lot Size | 1.20 AC | No. Drive In / Grade-Level Doors | 5 |
| Price | $680,000 |
| Price Per SF | $158.88 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 1.20 AC |
| Rentable Building Area | 4,280 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Tenancy | Single |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 5 |
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Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 15.00389.00 | Improvements Assessment | $181,200 |
| Land Assessment | $27,000 | Total Assessment | $208,200 |
Property Taxes
Parcel Number
15.00389.00
Land Assessment
$27,000
Improvements Assessment
$181,200
Total Assessment
$208,200
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Contact the Sale Advisor
200 4th Ave NE, Rice, MN | 200 4th Ave NW
