Loretto Light Industrial, Outdoor Storage & Auto Services Investment Property

For Sale

250 Saint John Street, Loretto, MN 55357

This Loretto property for sale is located at 250 Saint John Street. The current listed sale price for Loretto Light Industrial, Outdoor Storage & Auto Services Investment Property is $1,650,000. Loretto Light Industrial, Outdoor Storage & Auto Services Investment Property is situated on a lot that is 1.89 acre in size.

Contacts

broker

Chad Heer

KW Commercial - Roseville, MN

Property Details

  • 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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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

Attachments

Getting around

  • 29/100

    Walk Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Youngstedts Maple Grove Car Wash & Detail Center

    8.92 miles

  • Steve's Auto World

    9.52 miles

  • Paradise Car Wash

    9.57 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Chad Heer

KW Commercial - Roseville, MN