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    710 Johnson Dr Delano, MN 55328

    For Sale
    $450,000

    Two-Unit Commercial Building, High Income Potential

    Property size:
    3,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 3,600 square foot commercial property, situated on a 0.48-acre lot at 710 Johnson Drive in Delano, Minnesota, presents a lucrative investment opportunity. The property is ideally located within Delano's thriving industrial park, offering excellent visibility and accessibility. The building comprises two distinct units, maximizing rental income potential. One unit is a versatile garage/shop, perfect for a variety of businesses requiring storage and workshop space. The second unit is a professional office space, featuring three separate offices, ample room for expansion to accommodate meeting areas and a breakroom. The property also benefits from multiple parking spaces, providing convenient parking for tenants and clients. This well-maintained property is an attractive option for investors seeking a stable income stream or business owners looking for a unique space to combine work and storage. The strategic location within the industrial park ensures high visibility and easy access for both tenants and customers. The combination of a versatile garage/shop and a professional office space provides flexibility and broad appeal to a diverse range of potential tenants. This is a rare opportunity to acquire a high-yield commercial property in a desirable location. The property's size and layout offer significant potential for future expansion and increased rental income. Don't miss this chance to own a prime commercial property in Delano, Minnesota.

    Property Features for 710 Johnson Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,600 SF
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1981
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delano
    County
    Wright
    State
    Minnesota
    Longitude
    -93.77804
    Latitude
    45.03381

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    FAQs

    What type of property is this?
    Commercial real estate - Two-Unit Commercial Building, High Income Potential
    Where is this commercial real estate located?
    The property is located at 710 Johnson Dr Delano, MN.
    What is the asking price?
    The asking price for this property is $450,000.
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    710 Johnson Dr Delano, MN 55328
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    710 Johnson Dr Delano, MN 55328
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