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Industrial Office Property For Sale
For Sale
$3,075,500

1005 16th Avenue South, Princeton, MN 55371

32,500 SF industrial property with office build-out and warehouse space.

Property Size32,000 SF
Price / SF$96.11
Days on Market140

Property Features for 1005 16th Avenue South

General Information

Standard status Active
Size 32,000 SF
Property subtype Industrial
Listing Agency: CBRE - Minnesota
Listed By: Frank Sherwood
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Jul 16 at 1:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Minnesota

Investment Insights

Based on property information with market context.

This is a 32,500 square foot industrial office property. The property features 2,000 square feet of office build out including five offices and one conference room, as well as 2,000 square feet of mezzanine space. The warehouse portion includes three drive-in doors and five loading docks. The building has a 20' clear height. This versatile warehouse and office space is suitable for a future owner.

Key Highlights

  • 32,500 square foot industrial office property
  • Features five loading docks
  • Includes three drive‑in doors

Property Analytics

Current Use

My Cull Fixtures ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Storage Facility Law Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55371, MN

17,132
Population
6,838
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
94%
High-School Grad
196.0 sq mi
ZIP Area
87
Density / Sq Mi
$89,674
Median Household Income
$48,624
Median Earnings
$946
Median Rent
$299,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Princeton Mini Storage 1610 S 10th St, Princeton, MN 55371

Frequently Asked Questions

What type of property is this?
Warehouse - 32,500 SF industrial property with office build-out and warehouse space.
Where is this warehouse located?
The property is located at 1005 16th Avenue South Princeton, MN.
What is the asking price?
The asking price for this property is $3,075,500.
What are key features of this property?
This property features: 32,500 square foot industrial office property; Features five loading docks; Includes three drive‑in doors
More about this property
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