Highway Frontage Commercial
2401 Hwy 13 W, Burnsville, MN 55337
Call to check price and availability
15,352 SF mixed-use building with highway visibility in Burnsville.
Type:Industrial, Mixed Use, Office, Retail
Property size:
15,352 SFLot size:
1.00 AcrePrice / SF:
$150/SF- Added:
- Mar 4, 2026
- Days on Market:
- 72
- Last Refresh:
- Mar 16 at 2:07 pm
Property Features for 2401 Hwy 13 W
General Information
- Standard status
- Active
- Size
- 15,352 SF
- Lot size
- 1.00 Acre
- Property subtype
- Industrial, Mixed Use, Office, Retail
Listing agent Hunter Stanek License #MN 40517993
Listing office Gonyea Commercial Properties (218) 791-5347
Listing date Mar 4, 2026
Source Crexi
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 Gonyea Commercial Properties
HighLights
- Prime Highway 13 frontage with excellent visibility and access, adjacent to Menards.
- Configured for two tenants, offering owner‑user or investment opportunity.
- New roofs on front and middle buildings (September 2023 and 2021).
- Warehouse with 14’–20’ clear height, 1 dock door, and 2 drive‑in doors; ability to install an additional dock door.
- Total building size of 15,352 SF with office/showroom (6,405 SF) and warehouse (8,947 SF).
- Large storefront signage and free‑standing pylon sign.
Overview
This 15,352 square foot mixed-use building is situated on a 1-acre lot and offers an owner-user or investment opportunity. Constructed between 1975 and 1985, the property is zoned B-4 Highway Commercial and features a sprinkler system. The building includes 6,405 square feet of office/showroom space and 8,947 square feet of warehouse space, plus a 1,000 square foot mezzanine. The warehouse area provides 14 to 20-foot clear heights, one dock door, and two drive-in doors, with the potential to install an additional dock door. The property benefits from prime frontage on Highway 13, offering excellent visibility and access. It is located adjacent to Menards (Burnsville Super Menards) and includes large storefront signage and a free-standing pylon sign. The property is configured for two tenants. Recent improvements include a new roof on the front building installed in September 2023 and a new roof on the middle building installed in September 2021. The 2025 property taxes are $38,928. The property is available now.
Financial Insights
Value Estimation Calculated for Warehouse
Conservative
$2.25M
NOI $202,518 @ 9.00% cap · cautious / downside scenario
Moderate
$2.89M
NOI $202,518 @ 7.00% cap · market / base-case scenario
Aggressive
$4.05M
NOI $202,518 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Warehouse
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $248.7k | $16.20 |
| − Vacancy | −$10.4k | −$0.68 |
| EGI | $238.3k | $15.52 |
| − OpEx | −$35.7k | −$2.33 |
| NOI | $202.5k | $13.19 |
15,352 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Use Scenarios
Best Use
Warehouse
$2.89M
$2.53M – $3.38M
NOI $202,518 @ 7.0% cap · market cap 8.79%
Second Best
Mixed Use
$2.61M
$2.28M – $3.04M
NOI $182,382 @ 7.0% cap · market cap 7.92%
Theoretical Best
Healthcare Medical
$3.78M
$3.31M – $4.41M
NOI $264,454 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Cheer Twin Cities
Gym & Fitness Center
The Tumbling Club
Gym & Fitness Center
Brocks Flooring
General Contractor
Location Insight
- Map
- Local Demand
- City
- Burnsville
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.3109773
- Latitude
- 44.7732414
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 15,352 SF mixed-use building with highway visibility in Burnsville.
Where is this mixed-use property located?
The property is located at 2401 Hwy 13 W Burnsville, MN.
What is the asking price?
The asking price for this property is $2,302,800.
What are key features of this property?
This property features: Prime Highway 13 frontage with excellent visibility and access, adjacent to Menards.; Configured for two tenants, offering owner‑user or investment opportunity.; New roofs on front and middle buildings (September 2023 and 2021).
