For Sale: Marshall MLS# 6610708
Active
$740,000
Commercial: Industrial/Warehouse
Built 1992
2.06 acres
Marshall schools
MLS# 6610708
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Property Description
The subject property is leased to Spee-Dee Delivery Services, Inc. The lease commenced in August of 1992 and Spee-Dee has been successfully operating at this facility since. The tenant signed a 5-year lease extension through December of 2025 showing long-term occupancy and commitment to this location. The subject property is strategically positioned just north of downtown Marshall, MN, and is adjacent to many industrial operators.
NN Lease Landlord Responsible for roof, structure, insurance & first $6K of RE Taxes.
Tenant is responsible for utilities, all maintenance, interior of building, snow removal, all CAM, and RE taxes greater than $6K.
Tenant has been successfully operating since 1992.
Located in Marshall, MN Industrial Corridor.
Surrounded by many national and regional complementary operators.
Located 2 miles north of Downtown Marshall, MN
10 Grade Level Doors
2 Dock high doors
Disclosure: Listing agent/Owner - Principal to Transaction.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$740,000
Property Type:
Commercial
City:
Marshall
Garage Spaces:
12
County:
Lyon
Year Built:
1992
State:
MN
Property Style:
Industrial/Warehouse
Zip Code:
56258
Subdivision Name:
Industrial Park
Interior
Ceiling Height:
16-20
Exterior
Garage Spaces:
12
Garage Door Height:
12
Garage Door Width:
10
Other Parking Spaces:
20
Air Conditioning:
Zoned
Foundation Size:
8,750 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
Radiant
Parking Features:
- Concrete
- Covered
- Parking Lot
Exterior Material:
Metal Siding
Roof Details:
Metal
Lot & Land
Acres:
2.06
Geolocation:
44.470285, -95.801081
Inclusions:
Building, Leases
Lot Dimensions:
220 x 382 x 315 x 398
Zoning:
Industrial
Lot Description:
- Corner Lot
- Irregular Lot
Schools
School District:
413
District Phone:
507-537-6924
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,364
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,364
Income
Annual Gross Income:
$69,000
Rent
Annual Net Income:
$61,700
Units
Total Units:
1
Miscellaneous
Current Use:
Warehouse
Fuel System:
Electric
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.