$450,000

540 3rd Avenue NW

Hutchinson MN, 55350

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.

Details

MLS#5286678
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site369

Features

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Area Information
StateMN
CountyMcLeod
CityHutchinson
Zip Code55350
Listing VS Median (in 55350)
Price:
$450,000
low | high
Med:
$62,450
100% of Average
On Site:
369
low | high
Med:
489.5
75.38304392237% of Average
Listing Updated: 09/20/2020
David W. Broll LogoMLS Number: 5286678
Listing Provided By:
David W. Broll  of  Keller Williams Realty Integrity Northwest

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