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Flex Space with Heated Shop
For Sale
Under Contract
$1,099,900

16651 Polk Street NE, Ham Lake, MN 55304

Commercial Sale, Ham Lake, MN

Property SizeContact for details
Lot Size5.10 Acres
Days on Market261

Property Features for 16651 Polk Street NE

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Industrial
Parking features Garage - Attached, Garage, Parking Lot, Driveway, Open
Fencing Chain Link
Appliances Microwave, Refrigerator
Subdivision Creekside Farms
High school district Anoka-Hennepin
Directions Hwy 65 to East on 167th Ave to right no Polk St.
Standard status Active Under Contract
APN 083223330007
Lot size 5.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2766

Utilities

Sewer type Mound Septic, Private Sewer
Heating system Forced Air
Cooling system Central Air
Water source Well

Building Details

Year built 2025
Roof type Metal
Listing Agency: Acuity Group
Listed By: Dustin Heggem
Added: Feb 5 Changed: Oct 17 Last Checked: Oct 24 at 8:06AM
MLS# 7017201

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This flex property combines a reception area, a large showroom, and three main-floor offices with a 64'x42' heated shop. Two 12'x12' overhead doors serve the shop, while the upper level offers 1,920 square feet of open space with finished drywall. Approximately .33 acres are designated for secured outdoor storage.

Heavy power is available in the street and can be brought into the building. The property is located just off Hwy 65 at 16651 Polk Street NE in Ham Lake.

Key Highlights

  • 64'x42' heated shop with two 12'x12' overhead doors
  • 1,920 sq ft of open upper‑level area with finished drywall
  • Approximately .33 acres of secured outdoor storage

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Catering Service

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
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55304, MN

49,128
Population
17,318
Households
2.8
Avg Household Size
40
Median Age
37%
College-Educated
96%
High-School Grad
68.6 sq mi
ZIP Area
716
Density / Sq Mi
$127,145
Median Household Income
$60,835
Median Earnings
$1,628
Median Rent
$402,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Mansetti’s Italian Cruisine — 16220 Aberdeen St NE C, Ham Lake, MN 55304

Frequently Asked Questions

What type of property is this?
Flex space - Reception, showroom, offices, and secured outdoor storage support a range of commercial operations.
Where is this flex space located?
The property is located at 16651 Polk Street NE Ham Lake, MN.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: 64'x42' heated shop with two 12'x12' overhead doors; 1,920 sq ft of open upper‑level area with finished drywall; Approximately .33 acres of secured outdoor storage
More about this property
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