Loretto Light Industrial, Outdoor Storage & Auto Services Investment Property

250 Saint John Street, Loretto, MN 55357

  • For Sale $1,650,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 24,140 SF
  • Units 7
  • Lot Size 1.89 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1987
  • Year Renovated 2021
  • Date Updated Oct 31, 2024
  • Dock High Doors 1
  • HVAC None
Located just west of the Twin Cities in the city of Loretto, MN. WALKING DISTANCE TO VARIOUS RESTAURANTS, CLOSE PROXIMITY TO HWY 55 & 19This property is located in Hennepin County & the beautiful community of Loretto, MN. A short drive west of the NW suburbs (Highways 55 & 19) of the Twin Cities, this offering has a mix of Light Industrial, Warehouse, Outdoor Storage and Office/Flex space. Tenants include Light Manufacturing, Auto Dealer, Landscaping & Indoor/Outdoor Storage. Hard to find asset type for investors and tenants, especiallywith outdoor storage capabilities. * Outdoor Storage Available - See Aerial Below * Zoning for this property is Light-Industrial, with a current occupancy of approximately 88%, and solid leasing activity over the past 12 months. Professionally managed and updated throughout since purchased. Currently priced at $68/SF and an 8.6% Cap Rate, with opportunity to grow income ! * Financials available with a signed Confidentiality Agreement *

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Attachments

Highlights

  • Light Industrial Investment property with Outdoor Storage
  • 8.6% In-Place Cap Rate
  • 88% Occupied
  • Ample Outdoor Parking
  • 4 Drive-In & 1 Dock High door

Contacts

broker

Chad Heer

KW Commercial - Roseville, MN

Location

Getting Around

  • Walk Score ®

    29/100 Car-Dependent
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Loretto, MN
  • Neighborhood Loretto
  • Zip Code 55357
  • Market Minneapolis St Paul

Points of Interest

  • Holiday

    3.58 miles

  • Kwik Trip

    5.08 miles

  • Speedway

    5.30 miles

  • Orono Station

    5.46 miles

  • Hy-Vee Gas

    6.34 miles

  • Schell - Mound

    7.58 miles

  • Horse Trail Parking

    3.08 miles

  • Ice Arena Parking Lot

    4.55 miles

  • Baseball Stadium Parking Lot

    4.58 miles

  • High School North Parking Lot

    4.59 miles

  • High School East Parking Lot

    4.66 miles

  • Middle School North Parking Lot

    4.67 miles

  • Middle School West Parking Lot

    4.71 miles

  • County Road 110 Trail Access

    4.72 miles

  • High School South Parking Lot

    4.72 miles

  • Field 5 Parking Lot

    4.75 miles

  • Subway

    3.54 miles

  • McDonald's

    4.68 miles

  • Jimmy's Pizza

    5.46 miles

  • Carbone's Pizzeria

    5.54 miles

  • Primo Plates and Pours

    5.73 miles

  • San Pancho

    5.84 miles

  • Red Rooster Bar & Lounge

    5.85 miles

  • Culver's

    6.45 miles

  • Applebee's

    6.55 miles

  • Pizza Ranch

    6.55 miles

  • Orono Market

    5.26 miles

  • Target

    5.37 miles

  • ALDI

    5.65 miles

  • Hy-Vee

    6.17 miles

  • Lunds & Byerlys

    7.87 miles

  • Cub Foods

    8.13 miles

  • Fresh Thyme Market

    8.17 miles

  • Jubilee

    8.18 miles

  • Walmart Supercenter

    8.56 miles

  • Kohl's

    9.43 miles

  • Loretto Fire Department

    0.16 miles

  • Maple Plain Police Department

    3.78 miles

  • Greenfield Police Department

    3.89 miles

  • Greenfield Fire Department

    3.89 miles

  • Long Lake Fire Department

    5.60 miles

  • Hamel Volunteer Fire Department

    5.65 miles

  • Coborn's

    6.50 miles

  • CVS Pharmacy

    6.59 miles

  • Ridgeview Medical Clinic

    6.86 miles

  • Maple Grove Fire Station 5

    6.91 miles

Frequently Asked Questions

How much does Loretto Light Industrial, Outdoor Storage & Auto Services Investment Property cost?

The space currently listed for sale at Loretto Light Industrial, Outdoor Storage & Auto Services Investment Property asks for $1,650,000.

What is the total square footage of Loretto Light Industrial, Outdoor Storage & Auto Services Investment Property?

Loretto Light Industrial, Outdoor Storage & Auto Services Investment Property totals 24,140 square feet.

When was this property built?

Loretto Light Industrial, Outdoor Storage & Auto Services Investment Property was built in 1987.

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Contact Listing Broker

broker

Chad Heer

KW Commercial - Roseville, MN