540 3rd Avenue NW

    Hutchinson, MN 55350
    • $489,000
    • STATUS: Active
    • ON SITE: 218 days
    • ID#: 5286678
    UPDATED: 66 min ago
    $489,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,016
      SQFT
    • $23
      $/SQFT
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Keller Williams Realty Integrity Northwest.

    Description

    This well constructed block, tilt up concrete, commercial/warehouse property is conveniently located along the E/W Hwy 7 corridor on the north side of Hutchinson. Property can be easily demised for multi-tenant application and would work well for general warehousing, light industrial, last mile delivery, storage and other commercial uses. Originally built in 1960 with significant additions in 1980 and 1990 inc 3 phase/220 power and 4 loading access doors (3 DI and 1 dock) on 2 acres of land, with 13 ft clear height, and offers a great deal of value and versatility well into the future. Industrial sites borders on the E/W sides, with office to the north and a wildlife refuge borders to the south. Plenty of onsite and street parking surrounding, with about a half acre of open land on the south side for potential expansion or additional parking. Current tenant approaching 3 yrs on a five yr lease with early termination option by Landlord or potential downsize and extension of lease.

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    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Michael Kaslow Team | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Michael Kaslow Team | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Michael Kaslow Team | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-05-31T14:07:24.42.

    Click here for Digital Millennium Copyright Act
    www.mkt-msp.com/homes/100301387

    540 3rd Avenue NW Hutchinson, MN 55350

    • Price: $489,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 5286678
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    21,016
    SQFT
    $23
    $/SQFT
    1960
    Built
    County:
    Mcleod
    Area:
    HUTCHINSON
    School District:
    423 - Hutchinson
    Property Description
    This well constructed block, tilt up concrete, commercial/warehouse property is conveniently located along the E/W Hwy 7 corridor on the north side of Hutchinson. Property can be easily demised for multi-tenant application and would work well for general warehousing, light industrial, last mile delivery, storage and other commercial uses. Originally built in 1960 with significant additions in 1980 and 1990 inc 3 phase/220 power and 4 loading access doors (3 DI and 1 dock) on 2 acres of land, with 13 ft clear height, and offers a great deal of value and versatility well into the future. Industrial sites borders on the E/W sides, with office to the north and a wildlife refuge borders to the south. Plenty of onsite and street parking surrounding, with about a half acre of open land on the south side for potential expansion or additional parking. Current tenant approaching 3 yrs on a five yr lease with early termination option by Landlord or potential downsize and extension of lease.
    Exterior Features

    Exterior BlockOther Foundation Size 21016 Garage Description Uncovered/OpenDriveway - Asphalt Garage Stalls 3 Lake Acres 0.00000 Lake Chain No Lake Depth 0 Lake Or Water Front River View Lot Description Irregular Lot Lot Size Dimensions Irregular Other Parking Spaces 6 Road Frontage CityPaved StreetsCurbs Roof FlatRubber Water Front Name Crow River - South Fork Waterfront Present No Waterfront Slope Gradual

    Interior Features

    Appliances Air-To-Air Exchanger Basement None Cooling Description Wall Fuel Natural Gas Heating Description Forced AirSpace/Wall Heater Ranges None Refrigerators None

    Property Features

    Agent Owner No Amenities Shared Fire Sprinkler SystemConcrete Floors & Walls Annual Insurance Expense 3200 Assessment Pending No Commercial Style IndustrialWarehouse Contingency None Current Use Commercial Foreclosure Status No Gross Income 60000.00 Handicap Access None Lender Owned No Miscellaneous 220 VoltThree Phase Owners Expense TaxesInsuranceLawnSnow Potential Short Sale No Sale Includes BuildingLand Sewer City Sewer/Connected Tax With Assessments 11548.00 Tax Year 2020 Taxes 11548 Tenant Expenses Water/SewerElectricFuelMaintenance/RepairJanitorialTrashSnowLawnCable T.V.Broadband Total Annual Expense 18000 Utilities Heating Separate Water City Water/Connected Zoning Business/Commercial

    © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
    Listing courtesy of Keller Williams Realty Integrity Northwest. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Michael Kaslow Team | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Michael Kaslow Team | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Michael Kaslow Team | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-05-31T14:07:24.42.

    Click here for Digital Millennium Copyright Act
     
    The Michael Kaslow Team | Keller Williams Integrity Lakes
    1350 Lagoon Avenue, Suite 900
    Minneapolis MN, 55408
    Listing courtesy of Keller Williams Realty Integrity Northwest.