Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hopkins Warehouses with Outside Storage Title is generated by Realmo AI

    1201-1203 6th St S, Hopkins, MN

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two warehouse buildings with fenced outside storage in Hopkins, MN.

    Type:INDUSTRIAL
    Property size:
    4,580 SF
    Lot size:
    0.42 Acres
    Price / SF:
    $164/SF
    Added:
    Mar 8, 2025
    Days on Market:
    466
    Last Refresh:
    May 20 at 8:22 pm

    Property Features for 1201-1203 6th St S

    General Information

    Standard status
    Active
    Size
    4,580 SF
    Lot size
    0.42 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Brian Scholten

    Listing agent Brian Scholten

    Listing office Small Bay Properties

    Listing date Mar 8, 2025

    Source Moodyscre

    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 Small Bay Properties

    HighLights

    • Two warehouse buildings on a single parcel, ideal for owner‑user or investment.
    • Fenced‑in outside storage on 0.42 acre lot.
    • Total building square footage of 4,580sf with multiple drive‑in doors.
    • Solar panels installed to reduce utility costs.
    • Building 1201: 2,736 SF with office space and two drive‑in doors.
    • Preemptive environmental testing completed.

    Overview

    Two warehouse buildings with outside storage are available for sale in an industrial area of Hopkins. Suited for an owner/user looking to occupy one and rent the other, or to occupy both, the property includes a 0.42-acre lot with fenced-in outside storage. The buildings are separately addressed but located on a single parcel. The total building square footage is 4,580 square feet. Solar panels are installed to assist with utility costs. Both buildings have multiple drive-in doors. Environmental testing has been completed. The building at 1201 6th St S is 2,736 square feet and contains two bathrooms and 611 square feet of office space. It features two drive-in doors, one measuring 12'x11.5' and the other 10'x10', with an 11.5' clear height. The building at 1203 6th St S is 1,844 square feet and includes one restroom and 225 square feet of office space. It has two drive-in doors, each measuring 10'x9' and 10'x10', with a 10' clear height.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $74.2k $16.20
    − Vacancy −$3.1k −$0.68
    EGI $71.1k $15.52
    − OpEx −$10.7k −$2.33
    NOI $60.4k $13.19
    4,580 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $863.1K
    $755.2K – $1.01M (±1% cap)
    NOI $60,418 @ 7.0% cap · market cap 8.00%
    Second Best
    Industrial
    $710.8K
    $622.0K – $829.3K (±1% cap)
    NOI $49,756 @ 7.0% cap · market cap 6.59%
    Theoretical Best
    Office A
    $1.09M
    $956.1K – $1.27M (±1% cap)
    NOI $76,488 @ 7.0% cap · market cap 10.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Public Storage — 1144 7th St S, Hopkins, MN 55343
    • Wizard Storage Solutions — 11301 w 47th st, hopkins, mn 55343
    • GarageGruppe — 601 13th Ave S, Hopkins, MN 55343
    • StorageMart - Hopkins — 11001 Excelsior Blvd, Hopkins, MN 55343
    • Village Near by Self Storage Units — 300 11th Ave S, Hopkins, MN 55343, United States

    Location Insight

    • Map
    • Local Demand
    City
    Hopkins
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.416
    Latitude
    44.9155

    Nearby Similar for Sale

    • $875,000

      Turnkey Hopkins Apartment Building

      Fully leased seven-unit apartment building in Hopkins, Minnesota.
      8311 Excelsior Boulevard, Hopkins, MN 55343
      View Details
    • $1,595,000
      12,736 SF

      Excelsior Boulevard Investment Property

      Investment property with long-term tenants and vacant spaces.
      13110 Excelsior Boulevard, Hopkins, MN 55343
      View Details
    • Contact for pricing

      Hopkins Property with Freeway Exposure

      Property in Hopkins ideal for owner with freeway exposure.
      509 2nd Avenue South, Hopkins, MN, 55343
      View Details
    • Contact for pricing
      12 SF

      High-Profile Retail Center on Highway 7

      Retail center on Highway 7 with national tenant mix.
      525 Blake Road N | Hopkins, MN 55343, MN 55343
      View Details
    • $1,595,000
      15,736 SF

      Excelsior Boulevard Investment Property

      Investment property with long-term tenants and vacant spaces.
      13110 Excelsior Boulevard, Hopkins, MN 55343
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two warehouse buildings with fenced outside storage in Hopkins, MN.
    Where is this warehouse located?
    The property is located at 1201-1203 6th St S Hopkins, MN.
    What is the asking price?
    The asking price for this property is $755,000.
    What are key features of this property?
    This property features: Two warehouse buildings on a single parcel, ideal for owner‑user or investment.; Fenced‑in outside storage on 0.42 acre lot.; Total building square footage of 4,580sf with multiple drive‑in doors.
    (651) 321-8006 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Scholten
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1201-1203 6th St S, Hopkins, MN
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!