922 Swift St 47,650 SF Industrial Building Saint Peter, MN 56082 $1,500,000 ($31.48/SF)
INVESTMENT HIGHLIGHTS
- Great access to the Twin Cities Metro and Mankato along Hwy 169
- Locally Owned and Managed
- New motion sensor lighting throughout the warehouse area
- New exterior painting and interior demo and cleanup
- 2 Existing Dock Doors with brand new roll up doors
- 12' clear height throughout the property
EXECUTIVE SUMMARY
46,750 SF office warehouse space for lease or for sale. Ownership is open to creative financing, building could be a great fit for investor or owner occupier. The property has brand new LED warehouse lighting, 100% air conditioning and very heavy power. Asphalt work is scheduled for 2024.
PROPERTY FACTS
| Price | $1,500,000 |
| Price Per SF | $31.48 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.51 AC |
| Rentable Building Area | 47,650 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/1979 |
| Tenancy | Single |
| Parking Ratio | 0.94/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | General Industrial |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
47,650 SF warehouse building for lease in Saint Peter with roughly 5,000 SF of office and the remainder warehouse. 2 dock doors with new roll up doors and the ability to add more plus 4 existing drive in doors. The property is only 45 minutes from the Twin Cities metro area and 10 minutes away from Mankato on Highway 169. The property has heavy power and air conditioning throughout. The building is under new ownership, with local hands on property management. Willing to do long term or short term leases and the property is for sale at $1,500,000. Landlord has done new exterior painting, new LED warehouse lighting and has parking lot work scheduled in 2024.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,000-47,650 SF | Industrial | Partial Build-Out | Now |
1st Floor
| Size |
| 5,000-47,650 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
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PROPERTY TAXES
| Parcel Number | R-19.796.0060 | Improvements Assessment | $356,500 |
| Land Assessment | $231,000 | Total Assessment | $587,500 |
