Building Details

Building Size 38,675 SF

Listing Agency: Cushman & Wakefield - Bloomington, Minnesota

Listed By: Tony DelDotto · License #MN

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:13PM

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Investment Insights

Based on property information with market context.

This industrial property includes a 38,675-square-foot building on a 5.61-acre site. The property is offered for sale at 1545 7th Ave in Newport, Minnesota 55055.

Key Highlights

• 38,675 SF industrial building
• 5.61‑acre property
• Located at 1545 7th Ave, Newport, MN 55055

Property Analytics

Property Profile

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hair Salon Nail Salon Dental Office

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

190

Businesses Nearby

Explore this area Business Placement

Demographics for 55055, MN

3,797

Population

2,001

Households

1.9

Avg Household Size

37

Median Age

25%

College-Educated

92%

High-School Grad

3.6 sq mi

ZIP Area

1,055

Density / Sq Mi

$63,365

Median Household Income

$41,118

Median Earnings

$1,080

Median Rent

$331,300

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?

Industrial property - Industrial asset combining a substantial building with a sizable land component.

Where is this industrial property located?

The property is located at 1545 7th Ave Newport, MN.

What are key features of this property?

This property features: 38,675 SF industrial building; 5.61‑acre property; Located at 1545 7th Ave, Newport, MN 55055