Flex Space with On-Site
20454 Hwy 65 NE East Bethel, MN 55011
New
For Sale
Contact for pricing
Single-tenant flex space zoned B-2 with on-site parking and adaptable layouts for retail, office, or service uses.
Property Size6,644 SF
Lot Size2.41 Acres
Price / SF$124.77
Days on Market3
Property Features for 20454 Hwy 65 NE
General Information
Standard status
Active
Size
6,644 SF
Lot size
2.41 Acres
Property subtype
RETAIL
Listing Agency:
Brait Capital
(763) 370-6232
Listed By:
Mark Ruchko · License #40651219
(763) 370-6232
Source:
Moodyscre
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 7:59PM
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 Brait Capital
Investment Insights
Based on property information with market context.
Located at 20454 Hwy 65 NE in East Bethel, MN, this single-tenant flex space is positioned for strong visibility along Highway 65 NE. The property includes a 6,644 SF building on a 2.41-acre site, with approximately 206 feet of frontage and direct access from Highway 65 NE.
The space is described as having flexible commercial layouts, supported by ample on-site parking. The site is positioned for tenant uses such as retail, showroom, office, automotive, or service, and it’s also presented as a conversion opportunity for retail, industrial, or redevelopment applications.
Zoned B-2 General Commercial, the property is situated within a well-traveled commercial corridor and an expanding East Bethel trade area. The combination of highway frontage, parking, and conversion flexibility supports interest from owner-users and investors seeking a property with multiple use pathways.
The space is described as having flexible commercial layouts, supported by ample on-site parking. The site is positioned for tenant uses such as retail, showroom, office, automotive, or service, and it’s also presented as a conversion opportunity for retail, industrial, or redevelopment applications.
Zoned B-2 General Commercial, the property is situated within a well-traveled commercial corridor and an expanding East Bethel trade area. The combination of highway frontage, parking, and conversion flexibility supports interest from owner-users and investors seeking a property with multiple use pathways.
Key Highlights
- 6,644 SF single‑tenant flex space
- 2.41‑acre site with ample on‑site parking
- Approximately 206 feet of frontage on Highway 65 NE
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.6k | $16.20 |
| − Vacancy | −$4.5k | −$0.68 |
| EGI | $103.1k | $15.52 |
| − OpEx | −$30.9k | −$4.66 |
| NOI | $72.2k | $10.86 |
6,644 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.29M
$1.13M – $1.50M
NOI $90,095 @ 7.0% cap · market cap 10.87%
Second Best
Warehouse
$1.25M
$1.10M – $1.46M
NOI $87,645 @ 7.0% cap · market cap 10.57%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $110,958 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Single-tenant flex space zoned B-2 with on-site parking and adaptable layouts for retail, office, or service uses.
Where is this flex space located?
The property is located at 20454 Hwy 65 NE East Bethel, MN.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: 6,644 SF single‑tenant flex space; 2.41‑acre site with ample on‑site parking; Approximately 206 feet of frontage on Highway 65 NE
