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5842 Carmen Ave 163,360 SF Industrial Building Inver Grove Heights, MN 55076 $18,000,000 ($110.19/SF)

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INVESTMENT HIGHLIGHTS

  • (5) electrical services totaling 12,200 Amps of 3-Phase Power
  • 6” Floor thickness, with 18” pads under equipment presses
  • Two (2) Reverse Osmosis Water systems and compressed air throughout
  • Air-conditioning throughout the building with humidity controlled production space
  • Parking Lot re-sealed in 2024 and Chemical Storage room added in 2017
  • Separate High Security section in Warehouse containing a 3,000 SF vaulted safe room

EXECUTIVE SUMMARY

Flex space in Inver Grove for sale. Consists of 38,356 SF of warehouse space, 109,169 SF of production, and 15,935 SF of office.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $18,000,000
Price Per SF $110.19
Sale Type Owner User
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 13.90 AC
Rentable Building Area 163,360 SF
No. Stories 1
Year Built/Renovated 1973/1997
Tenancy Single
Parking Ratio 2.33/1,000 SF
Clear Ceiling Height 24’
Zoning I-1 - Industrial Park

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-74900-01-010
Land Assessment
$1,962,300
Improvements Assessment
$8,339,500
Total Assessment
$10,301,800
  • Listing ID: 33868675

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 5842 Carmen Ave, Inver Grove Heights, MN 55076

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