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Flex Industrial Property
For Sale
$1,495,000

12785 Elk Lake Road NW, Elk River, MN 55330

Two metal buildings provide showroom, office, heated warehouse, shop, and covered storage areas.

Property Size1 SF
Price / SF$1,495,000
Days on Market25

Property Features for 12785 Elk Lake Road NW

General Information

Standard status Active
Size 1 SF
Property subtype Commercial
Zoning Business/Commercial, Industrial

Taxes and HOA fees

Annual Taxes $15,898

Building Details

Building Size 1 SF
Year Built 1988
Stories 1
Units 1
Listing Agency: Partners Real Estate Mn
Listed By: Ryan D. Hardin · License #40439896
Source: Juverealestate
Added: Jul 31 Changed: Aug 23 Last Checked: Aug 23 at 2:27AM

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 Partners Real Estate Mn

Investment Insights

Based on property information with market context.

This flex space includes two post-frame metal buildings constructed in 1988, with additions completed in 1998. The improvements total 13,238 square feet. The main building contains 8,720 square feet, including a 2,742-square-foot showroom, 1,287 square feet of office area, and 4,691 square feet of attached heated warehouse space.

The second building includes two separate insulated shops measuring 1,260 square feet and 1,650 square feet, along with 1,320 square feet of covered storage. The property also includes an approximately 1.97-acre fenced storage yard, adding outdoor storage capacity to the enclosed improvements.

Key Highlights

  • 13,238‑square‑foot total footprint across two post‑frame metal buildings
  • Main building includes a 2,742‑square‑foot showroom and 1,287 square feet of office space
  • Attached heated warehouse area measures 4,691 square feet

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Hair Salon Auto Repair Shop Spa & Massage 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

153
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55330, MN

43,626
Population
16,796
Households
2.6
Avg Household Size
37
Median Age
33%
College-Educated
94%
High-School Grad
106.6 sq mi
ZIP Area
409
Density / Sq Mi
$111,481
Median Household Income
$59,332
Median Earnings
$1,356
Median Rent
$355,200
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?
Flex space - Two metal buildings provide showroom, office, heated warehouse, shop, and covered storage areas.
Where is this flex space located?
The property is located at 12785 Elk Lake Road NW Elk River, MN.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 13,238‑square‑foot total footprint across two post‑frame metal buildings; Main building includes a 2,742‑square‑foot showroom and 1,287 square feet of office space; Attached heated warehouse area measures 4,691 square feet
More about this property
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