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Andover Industrial Building For Sale
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1671 139th Lane Northwest, Andover, MN 55304

51,200 SF industrial building on 8.30 acres in Andover.

Property Size51,200 SF
Lot Size8.30 Acres
Days on Market149

Property Features for 1671 139th Lane Northwest

General Information

Standard status Active
Size 51,200 SF
Lot size 8.30 Acres
Property subtype Industrial
Listing Agency: CBRE - Minnesota
Listed By: Rick Graf
Source: Cbre
Added: Mar 25 Changed: Aug 15 Last Checked: Aug 19 at 4:53AM

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 CBRE - Minnesota

Investment Insights

Based on property information with market context.

This 51,200 square foot industrial building includes 7,680 square feet of office space, 33,100 square feet dedicated to manufacturing, and 5,210 square feet of warehouse area. The property is situated on an 8.30-acre lot with approximately 200 parking stalls. It features an 18-foot clear height, six docks, and one drive-in door for loading. The column spacing is approximately 40 feet by 40 feet. Hydraulic levelers and full dock equipment are installed. The building is zoned I-2 General Industrial. It is fully air-conditioned and equipped with LED high bay lights. The building's power supply is 480v, 3-phase, 2.5k A. An ESFR sprinkler system is in place. Construction consists of precast concrete panels on a steel frame. A new roof was installed in December 2014 with a 10-year warranty. The property is located minutes from Hanson Blvd and five minutes from Highway 10.

Key Highlights

  • Excellent Location: Minutes to Hanson Blvd and 5 minutes to Highway 10.
  • Substantial Building Size: 51,200 total SF with dedicated office, manufacturing, and warehouse spaces.
  • Ample Parking: Approximately 200 parking stalls on 8.30 acres.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Restaurant Building Supply Law Firm Dental Office Big Box & Wholesale Store Hair 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

365
Businesses Nearby

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

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?
Manufacturing property - 51,200 SF industrial building on 8.30 acres in Andover.
Where is this manufacturing property located?
The property is located at 1671 139th Lane Northwest Andover, MN.
What are key features of this property?
This property features: Excellent Location: Minutes to Hanson Blvd and 5 minutes to Highway 10.; Substantial Building Size: 51,200 total SF with dedicated office, manufacturing, and warehouse spaces.; Ample Parking: Approximately 200 parking stalls on 8.30 acres.
More about this property
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