18 3rd Avenue Se

Norwood Young America, MN 55397

About this property

1: The Feed Mill Building, with its amazing lake views, is a fantastic business opportunity. This 14,816 sf building will work for one or multiple tenants. Use a portion of this building for your business and lease the rest. As you will see on the attached projected pro-forma, based on a $5.00-$7.50 per sf lease (13,544 sf rentable), 10.5% Cap rate and 21% Cash on Cash return. The building is in great condition. The Feed Mill Building could be turn-key for an owner-occupied that would like to open an event center or restaurant with entertainment, which it is currently zoned for. Zoned C-3; specialized service, retail and office and its existing commercial kitchen just passed Health Department inspection. The back deck has beautiful views of Young America lake. The former owner put many high-end touches into this building. The floor plan flow is truly unique. As the population of the region has grown, so has the variety of industries, services, and businesses located in the ar

Date Added
October 12, 2019
Listing Status
Active
Days On Site
379
MLS#
5321188

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
IQWeb_
Sub-Type
Resale
Year
1900
Garage
0
Pool
No
Story(s)
0
Property View
No
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$628,000 Active
0 Beds
0
Baths
0 SQFT

Presented By Coldwell Banker River Valley Commercial Group

Coldwell Banker Commercial River Valley

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Brokerage
Coldwell Banker Commercial River Valley
(608) 784-9930
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Area Information

| Carver County |

$ 628,000
This listing is play_arrow 40.2% higher than the average in the area
$ 447,971 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
379 days on site
This listing is play_arrow 2005.6% above the average in the area
18 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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