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Brick Office Building with Geothermal HVAC
For Sale
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1201 1st St NE, New Prague, MN 56071

Brick office building with copper roof and geothermal heating and cooling, offered for sale with easy divisibility.

Property Size10,192 SF
Days on Market158

Property Features for 1201 1st St NE

General Information

Standard status Active
Size 10,192 SF
Property subtype OFFICE

Building Details

Construction brick
Listing Agency: Hoyt Properties, Inc.
Listed By: Steven Nelson
Source: Moodyscre
Added: Apr 3 Changed: Aug 8 Last Checked: Jul 22 at 6:30PM

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 Hoyt Properties, Inc.

Investment Insights

Based on property information with market context.

This brick office building features a copper roof and interior finishes throughout. The property is supported by a geothermal heating and cooling system and is described as easily divisible, allowing it to be configured for multiple office uses.

The property is located at 1201 1st St NE in New Prague, Minnesota.

With its divisible layout and dedicated geothermal HVAC, the building is well suited for buyers looking for flexible office space configurations within a single asset.

Key Highlights

  • Brick office building with a copper roof
  • Geothermal heating and cooling system
  • Building is easily divisible

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Garden Center

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

336
Businesses Nearby

Demographics for 56071, MN

12,913
Population
4,773
Households
2.7
Avg Household Size
38
Median Age
33%
College-Educated
97%
High-School Grad
85.9 sq mi
ZIP Area
150
Density / Sq Mi
$109,672
Median Household Income
$54,600
Median Earnings
$1,183
Median Rent
$373,000
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
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Frequently Asked Questions

What type of property is this?
Office building - Brick office building with copper roof and geothermal heating and cooling, offered for sale with easy divisibility.
Where is this office building located?
The property is located at 1201 1st St NE New Prague, MN.
What are key features of this property?
This property features: Brick office building with a copper roof; Geothermal heating and cooling system; Building is easily divisible
(612) 270-2927 Call to check price and availability
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