Mixed-Use Building with Retail
4472 40th St W Webster, MN 55088
For Sale
Contact for pricing
Pending
Fully leased mixed-use building with a commercial ground-floor space, three apartments, onsite parking, and a 3-stall detached garage.
Property Size5,636 SF
Days on Market104
Property Features for 4472 40th St W
General Information
- Standard status
- Pending
- Size
- 5,636 SF
- Property subtype
- Mixed Use, Retail
Listing Agency:
Results Commercial
(651) 256-7404
Listed By:
Mark Hulsey · License #MN 40169559
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 23 at 12:36PM
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 Results Commercial
Investment Insights
Based on property information with market context.
This is a fully leased, 4-unit mixed-use investment property featuring three apartments above one commercial space. The building includes onsite parking, in-building laundry, and additional basement storage for apartment tenants. A detached 3-stall garage is located on the property and is included in the sale; the garage stalls are currently rented to apartment tenants for an additional fee. Several apartments are described as recently updated, including two apartments remodeled in 2021.
The property is located near Elko New Market, Minnesota, and is described as within 30 minutes of the Twin Cities. The first-floor commercial space is occupied by the United States Postal Service, which is noted as a longtime anchor tenant with a lease in place through 2028.
The second floor consists of three apartments, including one 1-bedroom unit and two 2-bedroom units. All units are described as having long-term tenants in place, and the exterior offers ample parking with striped spaces in front of the building plus a lot across the street.
The property is located near Elko New Market, Minnesota, and is described as within 30 minutes of the Twin Cities. The first-floor commercial space is occupied by the United States Postal Service, which is noted as a longtime anchor tenant with a lease in place through 2028.
The second floor consists of three apartments, including one 1-bedroom unit and two 2-bedroom units. All units are described as having long-term tenants in place, and the exterior offers ample parking with striped spaces in front of the building plus a lot across the street.
Key Highlights
- Fully leased 4‑unit mixed‑use property with USPS on the ground floor and 3 occupied apartments above
- Commercial unit plus 3 apartments totaling 5,636 SF in well‑maintained condition with onsite laundry
- Tenant mix: one 1‑bedroom and two 2‑bedroom apartments; two apartments were fully remodeled in 2021
Property Analytics
Location Intelligence
Current Use by Public Records
United States Postal ...
Post Office
Alsten Apartments
Apartment Building
FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use building with a commercial ground-floor space, three apartments, onsite parking, and a 3-stall detached garage.
Where is this mixed-use property located?
The property is located at 4472 40th St W Webster, MN.
What are key features of this property?
This property features: Fully leased 4‑unit mixed‑use property with USPS on the ground floor and 3 occupied apartments above; Commercial unit plus 3 apartments totaling 5,636 SF in well‑maintained condition with onsite laundry; Tenant mix: one 1‑bedroom and two 2‑bedroom apartments; two apartments were fully remodeled in 2021
