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
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
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
Is Waterfront No
Has Pool No

Interior

Heating None
Fireplace No
Has Basement No

Exterior

Construction Steel Siding

School Information

District Princeton

Additional Information

Zoning Business/Commercial,Industrial
Foreclosure No
Short Sale No
Taxes $4,574
Tax Year 2025
Office Edina Realty, Inc.

Listing Details

OfficeEdina Realty, Inc.

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