$489,000

540 3rd Ave 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
Sub-TypeResale
StatusActive
Year1960
Days On Site27

Features

SQ Feet21,016
Story(s)1
Units1
ZoningBusiness/Commercial

Market Activity 55350

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Area Information

StateMN
CountyMcleod
CityHutchinson
Zip Code55350
AreaHutchinson (MN)
Listing VS Median (in 55350)
Price:
$489,000
low | high
Med:
$169,900
100% of Average
SqFt:
21,016
low | high
Med:
1,658
100% of Average
$ / SqFt:
$23
low | high
Med:
$102
100% of Average
On Site:
27
low | high
Med:
41
65.853658536585% of Average
Listing Updated: 11/20/2019
MLS Number: 5286678
Listing Provided By:
David Broll  of  Keller Williams Realty Integrity Northwest
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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