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Flex Space With Shop Doors
New
For Sale
$600,000

18550 Us Highway 59, Detroit Lakes, MN 56501

Showroom and office areas accompany warehouse and maintenance space with separate heat.

Property Size6,900 SF
Price / SF$86.96
Days on Market5

Property Features for 18550 Us Highway 59

General Information

Standard status Active
Size 6,900 SF
Zoning Business/Commercial

Taxes and HOA fees

Annual Taxes $8,530

Amenities

Electric,Natural Gas
No
40 x 240
10
40 x 175
Building,Land
4-Inch Submersible
2
1.4
6900
Heated Garage,Parking Lot

Building Details

Building Size 6,900 SF
Year Built 1988
Listing Agency: The Real Estate Company of Detroit Lakes
Listed By: Kari Hartwell
Source: Imetroproperty
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 3:01PM

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 The Real Estate Company of Detroit Lakes

Rey
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Investment Insights

Based on property information with market context.

At 18550 US Highway 59 in Detroit Lakes, this flex property contains showroom and office areas alongside warehouse and maintenance space. The warehouse areas have floor drains and separate heat, with three shop doors measuring 12 feet by 10 feet each. The building was constructed in 1988 and has 6900 square feet of space.

The property fronts US Highway 59 and has access to the highway.

Key Highlights

  • 6900 square feet of building space
  • Three shop doors, each 12 foot by 10 foot
  • Warehouse areas include floor drains and separate heat

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Real Estate Agency Plumbing Service Grocery & Convenience Store Building Supply Daycare 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

35
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56501, MN

17,784
Population
10,271
Households
1.7
Avg Household Size
44
Median Age
32%
College-Educated
94%
High-School Grad
186.9 sq mi
ZIP Area
95
Density / Sq Mi
$68,980
Median Household Income
$40,068
Median Earnings
$942
Median Rent
$286,900
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 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 accompany warehouse and maintenance space with separate heat.
Where is this flex space located?
The property is located at 18550 Us Highway 59 Detroit Lakes, MN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 6900 square feet of building space; Three shop doors, each 12 foot by 10 foot; Warehouse areas include floor drains and separate heat
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