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Flex Space with Heated Warehouse
New
For Sale
$1,495,000
Pending

12785 Elk Lake Road NW, Elk River, MN 55330

Showroom and office areas sit alongside heated warehouse space, separate shops, and covered storage.

Property Size1 SF
Lot Size1.97 Acres
Days on Market6

Property Features for 12785 Elk Lake Road NW

General Information

Standard status Pending
Size 1 SF
Lot size 1.97 Acres
Property subtype Commercial
Zoning Business/Commercial, Industrial

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Warehouse Space 4,691 SF
Office Build-Out 1,287 SF

Taxes and HOA fees

Annual Taxes $15,898

Building Details

Building Size 1 SF
Year Built 1988
Year Renovated 1998
Buildings 2
Units 1
Construction post frame metal
Listing Agency: Partners Real Estate Mn
Listed By: Ryan D. Hardin · License #40439896
Source: Getyoumoved
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 2:24PM

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

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Investment Insights

Based on property information with market context.

Two post-frame metal buildings provide a mix of showroom, office, warehouse, shop, and storage space. Built in 1988 with additions completed in 1998, the main building contains 8,720 square feet, including a 2,742-square-foot showroom, 1,287 square feet of office space, and 4,691 square feet of attached heated warehouse area.

The second building includes two insulated shops measuring 1,260 and 1,650 square feet, plus 1,320 square feet of covered storage. The property also has an approximately 1.97-acre fenced storage yard and Business/Commercial and Industrial zoning.

Key Highlights

  • Main building totals 8,720 square feet, including showroom, office, and heated warehouse areas
  • Showroom: 2,742 square feet; office: 1,287 square feet; attached heated warehouse: 4,691 square feet
  • Second building contains insulated shops of 1,260 and 1,650 square feet

Property Analytics

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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.

Lease Details

Yes
Fenced yard

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Showroom and office areas sit alongside heated warehouse space, separate shops, and covered storage.
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: Main building totals 8,720 square feet, including showroom, office, and heated warehouse areas; Showroom: 2,742 square feet; office: 1,287 square feet; attached heated warehouse: 4,691 square feet; Second building contains insulated shops of 1,260 and 1,650 square feet
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