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Nisswa Office and Warehouse Opportunity
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23973 Hazelwood Drive S, Nisswa, MN 56468

Versatile property with income, flexible space, and long-term potential.

Property Size36,288 SF
Price / SF$53.74
Days on Market165

Property Features for 23973 Hazelwood Drive S

General Information

Standard status Active
Size 36,288 SF
Total Parking Spaces 85
Property subtype Office, Industrial
Zoning HB - Highway Business District
Investment Type Owner/User

Building Details

Year Built 1975
Year Renovated 1995
Listing Agency: Close-Converse Commercial Properties
Listed By: Chris Close, CCIM · License #MN 20286846
Source: Crexi
Added: Mar 7 Changed: Aug 14 Last Checked: Aug 19 at 4:01PM

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 Close-Converse Commercial Properties

Investment Insights

Based on property information with market context.

This Nisswa property presents a unique opportunity for both owner-users and investors, featuring a blend of office and warehouse space. The property encompasses over 36,000 square feet, with over 10,000 square feet currently leased, providing existing income. There remains over 18,000 square feet of office space and 7,500 square feet of warehouse space available for occupancy or lease. The office complex combines modern design with functional workspaces, including glass-walled conference rooms, open collaborative areas, and private offices. The space features bright, open lighting, barnwood workstations, and a central open courtyard. The warehouse area, comprising over 7,500 square feet, is equipped with four overhead doors, providing access for shipping, storage, and operational support. This versatile property offers immediate income, flexible space, and long-term potential, suitable for expanding operations, establishing a regional headquarters, or portfolio diversification. The property is located west of Highway 371 on County Road 77 in Nisswa, just past the waterpark.

Key Highlights

  • 36,000+ total square feet of office and warehouse space.
  • 18,000+ SF of office space and 7,500+ SF of warehouse space available for occupancy or lease.**
  • 10,000+ SF currently leased, providing immediate income.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Pharmacy Kitchen & Bath Showroom Cafe & Coffee Shop

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

130
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56468, MN

4,525
Population
3,653
Households
1.2
Avg Household Size
53
Median Age
42%
College-Educated
96%
High-School Grad
49.8 sq mi
ZIP Area
91
Density / Sq Mi
$103,698
Median Household Income
$49,531
Median Earnings
$995
Median Rent
$437,000
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?
Flex space - Versatile property with income, flexible space, and long-term potential.
Where is this flex space located?
The property is located at 23973 Hazelwood Drive S Nisswa, MN.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 36,000+ total square feet of office and warehouse space.; 18,000+ SF of office space and 7,500+ SF of warehouse space available for occupancy or lease.**; 10,000+ SF currently leased, providing immediate income.
(218) 828-3334 Call to check price and availability
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