flag This property
sold
for
$200,000 .
611 Industrial Park Boulevard
Elbow Lake,
MN 56531
A great investment opportunity awaits in this 10,000+ square foot commercial space in the Elbow Lake Industrial Park. This property is currently leased by a state agency through November of 2024 with the likelihood of renewal for the foreseeable future and is offered at a cap rate of 9.7%. You'll appreciate the large entry with two private offices, kitchenette, 2 bathrooms, in addition to a variety of spaces throughout the office and warehouse complex, including over 2,000 additional square feet of storage on the second level of the primary building. Other perks include a large concrete pad surrounding the building, numerous overhead doors and points of access, a bi-fold door on the rear most recent addition, and headroom ranging from 11 - 16 feet.
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Listings courtesy of NorthstarMLS® as distributed by MLS GRID. Office: eXp Realty (3523 FGO) , 2187369300
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