Building Details

Buildings 3

Listing Agency: HomeSmart Adventure Realty Show Phone

Listed By: Sarah Grahn Show Phone

Source: Exprealty

Added: Apr 12 Changed: Aug 12 Last Checked: Aug 12 at 5:23AM

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Investment Insights

Based on property information with market context.

This flex property includes two heated buildings measuring 60x35 and 31x31, plus a separate cold storage building. The largest building contains an office and half bathroom, while garage areas can accommodate eight or more vehicles at a time. The buildings were previously used for welding and mechanic operations.

Heating is provided by a natural gas furnace and a wood-burning stove. The property occupies a half-acre lot and includes additional outdoor space beyond the existing improvements.

Key Highlights

• Two heated buildings measuring 60x35 and 31x31
• Separate cold storage building included
• Garage capacity for eight or more vehicles at a time

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility Furniture & Home Goods Garden Center Hair Salon

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

271

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 56572, MN

5,747

Population

4,191

Households

1.4

Avg Household Size

46

Median Age

29%

College-Educated

89%

High-School Grad

171.4 sq mi

ZIP Area

34

Density / Sq Mi

$83,631

Median Household Income

$47,311

Median Earnings

$412

Median Rent

$291,600

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - The property includes heated work areas, cold storage, office space, and a half bathroom.

Where is this flex space located?

The property is located at 40 2nd St Nw Pelican Rapids, MN.

What is the asking price?

The asking price for this property is $138,500.

What are key features of this property?

This property features: Two heated buildings measuring 60x35 and 31x31; Separate cold storage building included; Garage capacity for eight or more vehicles at a time