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7050 11th Ave SW 6,400 SF 100% Leased Industrial Building Rochester, MN 55902 $2,500,000 ($390.63/SF)
INVESTMENT HIGHLIGHTS
- Fully leased 6,400 sf warehouse.
- Great location and visibility off of HWY 63 South.
- Close to 7 acres of land included.
EXECUTIVE SUMMARY
Fully leased 6,400 sf warehouse. Annual long term billboard income. Great investment and development property. Close to 7 acres of land included. Perfect for future warehouse/industrial uses. Great location and visibility off of HWY 63 South. Adjacent to Rochester International Airport and only 2 minutes from Interstate 90 and 6 minutes from Rochester!
PROPERTY FACTS
| Price | $2,500,000 | Lot Size | 4.00 AC |
| Price Per SF | $390.63 | Rentable Building Area | 6,400 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1972 |
| Property Subtype | Warehouse | Parking Ratio | 6.25/1,000 SF |
| Building Class | C | ||
| Zoning | MX-G - Mixed Use General | ||
| Price | $2,500,000 |
| Price Per SF | $390.63 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.00 AC |
| Rentable Building Area | 6,400 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 6.25/1,000 SF |
| Zoning | MX-G - Mixed Use General |
AMENITIES
- Fenced Lot
- Yard
UTILITIES
- Lighting - Incandescent
- Gas - Natural
- Water - Well
- Sewer - Septic Field
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 54.11.22.050764 | Improvements Assessment | $322,300 |
| Land Assessment | $204,100 | Total Assessment | $526,400 |
PROPERTY TAXES
Parcel Number
54.11.22.050764
Land Assessment
$204,100
Improvements Assessment
$322,300
Total Assessment
$526,400
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7050 11th Ave SW
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