For Sale: Marshall MLS# 6610708
Active Contingent
$740,000
Commercial: Industrial/Warehouse
Built 1992
2.06 acres
Marshall schools
MLS# 6610708
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Property Description
The subject property is leased to Spee-Dee Delivery Services, Inc. The lease commenced in August of 1992 and Spee-Dee has been successfully operating at this facility since. The tenant signed a 5-year lease extension through December of 2025 showing long-term occupancy and commitment to this location. The subject property is strategically positioned just north of downtown Marshall, MN, and is adjacent to many industrial operators.
NN Lease Landlord Responsible for roof, structure, insurance & first $6K of RE Taxes.
Tenant is responsible for utilities, all maintenance, interior of building, snow removal, all CAM, and RE taxes greater than $6K.
Tenant has been successfully operating since 1992.
Located in Marshall, MN Industrial Corridor.
Surrounded by many national and regional complementary operators.
Located 2 miles north of Downtown Marshall, MN
10 Grade Level Doors
2 Dock high doors
Disclosure: Listing agent/Owner - Principal to Transaction.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$740,000
Property Type:
Commercial
City:
Marshall
Garage Spaces:
12
County:
Lyon
Year Built:
1992
State:
MN
Property Style:
Industrial/Warehouse
Zip Code:
56258
Subdivision Name:
Industrial Park
Interior
Ceiling Height:
16-20
Exterior
Garage Spaces:
12
Garage Door Height:
12
Garage Door Width:
10
Other Parking Spaces:
20
Air Conditioning:
Zoned
Foundation Size:
8,750 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
Radiant
Parking Features:
- Concrete
- Covered
- Parking Lot
Exterior Material:
Metal Siding
Roof Details:
Metal
Lot & Land
Acres:
2.06
Geolocation:
44.470285, -95.801081
Inclusions:
Building, Leases
Lot Dimensions:
220 x 382 x 315 x 398
Zoning:
Industrial
Lot Description:
- Corner Lot
- Irregular Lot
Schools
School District:
413
District Phone:
507-537-6924
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,364
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,364
Income
Annual Gross Income:
$69,000
Rent
Annual Net Income:
$61,700
Units
Total Units:
1
Miscellaneous
Current Use:
Warehouse
Fuel System:
Electric
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.