710 Johnson DrDelano, MN 55328

For Sale
$450,000

Income Property, Delano, MN

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 3,600 square foot mixed-use property in Delano, Minnesota, presents a compelling investment opportunity. Located on a 0.479-acre lot at 710 Johnson Dr, 55328, this single-story, 1981-built building features a versatile layout ideal for owner-users or investors. Currently 50% occupied, the property includes a professional office space with three separate offices and expansion potential, plus a sizable garage/shop. The existing lease has 1.9 years remaining (commencing October 1, 2023, and expiring September 30, 2026), offering immediate income potential. The property boasts 15 parking spaces and is zoned for commercial use. With a list price of $450,000 ($125/sq ft), this property offers a strong return on investment. The property's location within Delano's industrial park provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, income-generating property in a thriving Minnesota community. The property's flexible layout and ample parking make it an attractive option for a variety of businesses and investors. The existing lease provides immediate cash flow, while the potential for expansion and increased occupancy offers significant upside. The property's strong location and solid construction make it a sound investment for the long term. The property's APN is 107500132104.

Highlights

  • $450,000 asking price for a mixed-use property.
  • 3,600 square feet on a 0.479-acre lot in Delano, MN.
  • 1981-built, single-story building with 15 parking spaces.
  • Currently 50% occupied with a 1.9-year remaining lease term (commencing 10/1/2023).
  • Mixed-use zoning allows for office and workshop uses.
  • Features a workshop and a three-office professional space.

Property Details for 710 Johnson Dr

Property type
Other office properties, Other mixed-use properties
Square Feet
3,600 SF
Year Built
1981
Buildings
1
Stories
1
Lot Size (sq. ft)
20,865 SF

Location Insight

City
Delano
County
Wright
State
Minnesota
Latitude
45.0338025
Longitude
-93.778043
710 Johnson Dr, Delano, Minnesota

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710 Johnson Dr
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