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Versatile Industrial Complex For Sale
For Sale
$980,000

308 Industrial Drive, Redwood Falls, MN 56283

Spacious industrial complex with mezzanine, ideal for warehousing, transportation.

Lot Size1.41 Acres
Days on Market514

Property Features for 308 Industrial Drive

General Information

Standard status Active
Lot size 1.41 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1990
Listing Agency: Edina Realty
Listed By: Justin Paffrath
Source: Exitrealty
Added: Mar 4, 2025 Changed: Jul 10 Last Checked: Jul 31 at 5:47AM

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 Edina Realty

Investment Insights

Based on property information with market context.

This substantial industrial complex offers expansive square footage on the main floor plus a mezzanine, providing a comprehensive environment for diverse operational needs. The ground floor houses a spacious environment suitable for many industrious uses, featuring high ceilings to accommodate specialized fixtures and equipment. The facility's design incorporates ample storage areas, facilitating efficient inventory management. The mezzanine contains additional storage, office spaces, and possibly areas for parts. Throughout the building, the walls are clad in white metal panels, creating a bright, clean atmosphere enhanced by abundant fluorescent lighting. Concrete flooring throughout provides durability for heavy machinery and high traffic. The space is equipped with modern amenities, including overhead doors for easy vehicle access, climate control systems, and necessary safety features such as fire extinguishers, a fire suppression sprinkler system and clearly marked exits. Workstations are strategically placed, suggesting areas dedicated to administration and operational planning. This versatile facility is well-suited for industries requiring significant storage capacity, vehicle maintenance, and logistical operations. The layout emphasizes functionality and efficiency, making it an ideal setting for businesses in transportation, warehousing, or equipment servicing sectors and much more.

Key Highlights

  • Expansive square footage on main floor plus mezzanine, suitable for diverse operational needs
  • High ceilings accommodate specialized fixtures and equipment
  • Ample storage areas facilitate efficient inventory management

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Hair Salon Parking Lot & Garage Spa & Massage Center Storage Facility Nail Salon

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

220
Businesses Nearby
Balanced
Demand for This Use

Demographics for 56283, MN

6,412
Population
3,089
Households
2.1
Avg Household Size
42
Median Age
24%
College-Educated
93%
High-School Grad
178.4 sq mi
ZIP Area
36
Density / Sq Mi
$66,548
Median Household Income
$40,610
Median Earnings
$823
Median Rent
$177,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Spacious industrial complex with mezzanine, ideal for warehousing, transportation.
Where is this flex space located?
The property is located at 308 Industrial Drive Redwood Falls, MN.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Expansive square footage on main floor plus mezzanine, suitable for diverse operational needs; High ceilings accommodate specialized fixtures and equipment; Ample storage areas facilitate efficient inventory management
More about this property
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