940 Mckinley PkwyDelano, MN 55328

For Sale
$225,000

1,120 sq ft warehouse, 4 units, 2023 built

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1,120 square foot warehouse unit, part of the West End Autoplex & Business Center in Delano, Minnesota (zip code 55328, located at 940 McKinley Pkwy), presents a prime owner-user investment opportunity. Built and renovated in 2023, this vacant unit is one of 42 within a four-building complex, each featuring a single story. The property boasts 14 dock-high doors, impressive 20-foot ceilings, and is zoned for commercial use. The unit's interior features 5-inch concrete floors with floor drains, commercial-grade windows and doors (14' wide x 14' tall), attractive LP Smartside siding, and fire suppression. In-floor radiant heating is installed, with options for additional heating and cooling via a split system. Three-phase power, water, and sewer are already plumbed in, and a roughed-in bathroom is included. The unit offers significant customization potential, allowing for expansion by combining with another unit or adding a mezzanine level (adding 448 square feet for a total of 1,568 square feet). Upgrades such as a mezzanine, ADA bathroom, additional bathroom, wet bar, or kitchenette are available. The asking price is $225,000, translating to $200.89 per square foot. Financing options, including a 10-year fixed rate at 8.75% or a 5-year balloon with 20-year amortization at 8.5%, are available through SSBT, with closings at Title Mark in Waconia. Financial documentation requirements include a personal financial statement, two years of personal and business tax returns, and a credit report.

Highlights

  • $225,000 asking price for a 1,120 sq ft warehouse unit.
  • Located at 940 McKinley Pkwy, Delano, MN 55328.
  • New construction (2023), featuring 20' ceilings and 14' dock-high doors.
  • Owner/user investment opportunity; currently vacant.
  • Four buildings on one story, with 42 total units.

Property Details for 940 Mckinley Pkwy

Property type
Other warehouses, Other retail properties
Square Feet
1,120 SF
Year Built/Renovated
2023/2023
Buildings
4
Stories
1
Units
42

Location Insight

City
Delano
County
Wright
State
Minnesota
Latitude
45.052104
Longitude
-93.8115
940 Mckinley Pkwy, Delano, Minnesota

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940 Mckinley Pkwy
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