31503 125 1/2 Street, Baldwin Twp, MN
$574,999
7,931
Square feet
About 31503 125 1/2 Street
Great opportunity to own this commercial building on prime Princeton location. Perfect for owners shop and office in front and rent out the rest of the building for storage. Large 112x42 two story building currently being used as a storage facility offers: 2 - 41 deep units with 12x16 overhead doors, 1 - 24 deep unit with 10x14 overhead door and attached office space, 12 - 20x10 units with 9x7 overhead doors. Upper level offers 5 - 10x18 units all with windows and electric. 11 new 8x20 containers added to the property in 2020. New roof installed 2022. Potential cap rate of 9.7% with rent increase and units to market rate.
Features of 31503 125 1/2 Street
MLS® # | 6796267 |
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Price | $574,999 |
Square Footage | 7,931 |
Acres | 0.00 |
Year Built | 2002 |
Type | Commercial |
Sub-Type | Industrial |
Style | Industrial |
Status | Active |
Contingency Type | None |
Community Information
Address | 31503 125 1/2 Street |
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Subdivision | Georgetown First Add |
City | Baldwin Twp |
County | Sherburne |
State | MN |
Zip Code | 55371 |
Amenities
Garages | Attached Garage, Asphalt, Multiple Garages, Parking Lot, RV Access/Parking, Secured, Storage, Open, Units Vary |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | None |
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Fireplace | No |
Has Basement | No |
Exterior
Construction | Steel Siding |
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School Information
District | Princeton |
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Additional Information
Zoning | Business/Commercial,Industrial |
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Foreclosure | No |
Short Sale | No |
Taxes | $4,574 |
Tax Year | 2025 |
Office | Edina Realty, Inc. |
Listing Details
Office | Edina Realty, Inc. |
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