Property Description
7701-7703 Commerce WayEden Prairie, MN 55344
Status: For Sale
Property Type: Industrial
12,850 SF Industrial Building For Sale - Owner/User or Investment Opportunity
7701-7703 Commerce Way is a fantastic, hard-to-find small industrial property. Pride of ownership is evident throughout this clean and well-maintained property. The fully climatized 12,850 sf building is nicely situated on 1.08 acres in a desirable Eden Prairie location with proximity to Highway 5, Highway 212 and to Interstate I-494. Flying Cloud Airport is only 7 minutes away providing access for personal and corporate aircraft, and The Minneapolis/St. Paul International Airport is just 14 miles east. The property was previously demised for 3 tenants with front door and rear drive-in door access for all 3 tenants. The current tenant has occupied the entire building for many years and has a lease through July of 2021, but confidentially has expressed an interest in vacating as early as summer of 2020 to accommodate a potential sale of their business, making this an ideal opportunity for an owner/user or an investor with small industrial tenants in tow.
Highlights and Features:
- County: Hennepin
- PID: 09-116-22-44-0033
- Parcel Area: 1.08 acres (46,979 sf)
- Year Built: 1971 with an addition in 1979
- Zoning: Industrial Park - 2-acre minimum
- Floors: 1
- Parking: 45 spaces
- Roof: 60 mil rubber membrane roof less than 10 years old
- Windows: Replaced 2 years ago
- Bathrooms: 2 new ADA
- Electrical: 800 amps, Parabolic lights in the office and production area
- HVAC: 8 rooftop units (6 are new).
- Loading: Three (3) drive-ins with exterior loading platform (new doors)
- Ceiling Height: 12’ clear
- Occupancy: 100%
Available For Sale: 12,850 sf
- 2020 Tax: $34,639.58
- Sale Price: $1,200,000.00
Additional Info
Contact
