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    1150 Mckinley St Anoka, MN 55303

    Sponsored
    For Sale
    $1,475,000

    1.7-acre lot, 10,285 sqft, flexible space

    Property size:
    10,285 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional 10,285-square-foot commercial property in Anoka, Minnesota, presents a prime investment opportunity for owner-occupants or investors. Situated on a generous 1.7-acre lot, this versatile space seamlessly blends office and industrial functionality. The building boasts two private offices, open cubicle space, a meeting room, and a break room, catering to diverse business needs. The warehouse area features approximately 18-foot clearance, two dock doors, and one drive-in door, easily accommodating semi-trailer deliveries. Recent upgrades significantly enhance the property's appeal, including a new air conditioning system in the warehouse, energy-efficient LED lighting throughout, and a fresh exterior paint job. The property also benefits from a recently updated VOIP phone system, 3-phase 480-volt electrical service, a comprehensive sprinkler system, two-zone controlled forced-air heat, and three-zone controlled backup radiant heat in the warehouse. Ample parking is provided with approximately 40 outdoor spaces. City-approved outdoor storage is already in place, and the property offers significant expansion potential – up to an additional 27,000 square feet, subject to green space and setback requirements. This unique combination of features and expansion possibilities makes this property a rare find for business growth and investment. Priced at $1,475,000.

    Property Features for 1150 Mckinley St

    General Information

    Property type
    Investment properties
    Square Feet
    10,285 SF
    Lot Size
    74,052 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    CNH Machine Inc ... Machine Shop WhisperPhone Store Qdp Manufacturing Solutions Machine Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Anoka
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.41676
    Latitude
    45.21863

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    FAQs

    What type of property is this?
    Investment property - 1.7-acre lot, 10,285 sqft, flexible space
    Where is this investment property located?
    The property is located at 1150 Mckinley St Anoka, MN.
    What is the asking price?
    The asking price for this property is $1,475,000.
    (651) 442-0150
    Request Owner's contact information
    1150 Mckinley St Anoka, MN 55303
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    Anoka, MN 55303
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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
    1150 Mckinley St Anoka, MN 55303
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