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Feely Elevator 420 2nd St 495 SF Flex Building Farmington, MN 55024 $399,900 ($807.88/SF)
Investment Highlights
- Would allow for a wide range of uses from a brewery, retail, offices, light manufacturing just to name a few
- This unique and historic property has an abundance of potential
Executive Summary
Opportunity knocks! This unique and historic property has an abundance of potential! P.H Feely & Sons Grain Elevator will charm the historians, challenge the developers, rock the open-minded thinkers and warm the hearts of residents if developed into something that would complement the Farmington Downtown area. This property is zoned B2 (downtown business district) which would allow for a wide range of uses from a brewery, retail, offices, light manufacturing just to name a few. Call today for more details!
Property Facts
| Price | $399,900 | Building Class | C |
| Price Per SF | $807.88 | Lot Size | 0.76 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 495 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Flex | Year Built | 1894 |
| Property Subtype | Light Manufacturing | Tenancy | Single |
| Zoning | B2 - Downtown Business District | ||
| Price | $399,900 |
| Price Per SF | $807.88 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.76 AC |
| Rentable Building Area | 495 SF |
| No. Stories | 1 |
| Year Built | 1894 |
| Tenancy | Single |
| Zoning | B2 - Downtown Business District |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Somewhat walkable
30/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14-03100-22-012 | Improvements Assessment | $37,000 |
| Land Assessment | $123,300 | Total Assessment | $160,300 |
Property Taxes
Parcel Number
14-03100-22-012
Land Assessment
$123,300
Improvements Assessment
$37,000
Total Assessment
$160,300
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Contact the Sale Advisor
Feely Elevator | 420 2nd St