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Warehouse with Insulated Overhead Doors
For Sale
$199,900

21606 Elmwood Circle, Nevis, MN 56467

A newer shop building offers substantial wall height, in-floor tubing, and a wooded acreage setting.

Property Size2,400 SF
Lot Size1.08 Acres
Price / SF$83.29
Days on Market249

Property Features for 21606 Elmwood Circle

General Information

Standard status Active
Size 2,400 SF
Lot size 1.08 Acres
Property subtype LAND

Additional Details

Utilities to Site Yes
Power 200 amps

Taxes and HOA fees

Annual Taxes $492

Building Details

Year Built 2023
Buildings 1
Building Size 2,400 SF
Listing Agency: Affinity Real Estate Inc.
Listed By: Jack Brann
Source: Lyndsaylanemn
Added: Feb 25 Changed: Oct 27 Last Checked: Nov 1 at 1:44PM

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 Affinity Real Estate Inc.

Rey
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Investment Insights

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Built in 2023, this warehouse measures 40 by 60 feet and has 16-foot sidewalls. Two insulated overhead doors measure 14 feet tall by 12 feet wide. Interior features include LED lighting, in-floor tubing, and a floor drain, with 200-amp electrical service. A 4-by-40-foot concrete apron extends outside the building.

The property occupies 1.08 wooded acres between Long Lake and Belle Taine Lake near Nevis, Minnesota.

Key Highlights

  • 40‑by‑60‑foot warehouse constructed in 2023
  • 16‑foot sidewalls and insulated overhead doors measuring 14 feet tall by 12 feet wide
  • 200‑amp electrical service, LED lighting, in‑floor tubing, and a floor drain

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Hotel & Motel

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56467, MN

2,609
Population
2,540
Households
1
Avg Household Size
53
Median Age
35%
College-Educated
96%
High-School Grad
124.7 sq mi
ZIP Area
21
Density / Sq Mi
$75,170
Median Household Income
$41,829
Median Earnings
$806
Median Rent
$300,900
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?
Warehouse - A newer shop building offers substantial wall height, in-floor tubing, and a wooded acreage setting.
Where is this warehouse located?
The property is located at 21606 Elmwood Circle Nevis, MN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 40‑by‑60‑foot warehouse constructed in 2023; 16‑foot sidewalls and insulated overhead doors measuring 14 feet tall by 12 feet wide; 200‑amp electrical service, LED lighting, in‑floor tubing, and a floor drain
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