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Manufacturing Facility with Loading Docks
New
For Sale
$575,000

520 8th Street NE, Milaca, MN 56353

A mix of warehouse and finished office areas is supported by three-phase power and distributed compressed air.

Property Size15,600 SF
Lot Size2.55 Acres
Price / SF$36.86
Days on Market6

Property Features for 520 8th Street NE

General Information

Standard status Active
Size 15,600 SF
Lot size 2.55 Acres
Property subtype Commercial
Zoning Industrial

Warehouse & Industrial

Clear Height 14 ft
Warehouse Space 12,100 SF
Office Build-Out 3,500 SF
Dock-High Doors 2
Drive-In Doors 1
Power 1,200 amps
Three-Phase Power Yes
Sprinkler System Yes

Additional Details

Highway Access Yes
Property Use Manufacturing, Warehousing, Distribution

Taxes and HOA fees

Annual Taxes $3,308

Amenities

employee breakroom

Building Details

Year Built 1986
Buildings 1
Units 1
Building Size 15,600 SF
Listing Agency: Keller Williams Premier Realty Lake Minnetonka
Listed By: Jeffrey C Meehan · License #40027822
Source: Getyoumoved
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 2:24PM

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 Keller Williams Premier Realty Lake Minnetonka

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Investment Insights

Based on property information with market context.

This 15,600-square-foot manufacturing property occupies a 2.55-acre site in Milaca Industrial Park. The building includes approximately 12,100 square feet of warehouse area and 3,500 square feet of finished office space, with an employee breakroom. Warehouse features include 10' to 14' clear ceiling heights, one grade-level overhead door, two dock-high doors, and a distributed compressed air system. The office area is air-conditioned.

Infrastructure includes 1,200-amp, three-phase electrical service and a fire sprinkler system. A newer roof is also noted, and the building was constructed in 1986. Zoned I-1 Industrial, the property is in Milaca Industrial Park with access to U.S. Highway 169 and Highway 23.

Key Highlights

  • 15,600‑square‑foot building on 2.55 acres
  • Approximately 12,100 square feet of warehouse and 3,500 square feet of finished office space
  • 10' to 14' clear ceiling heights

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gorecki Manufacturing Inc Industrial Manufacturer

Suggested Use

Top Pick Building Supply Dental Office Law Firm Pharmacy Bakery (Bike/Boat/Book/etc) Store

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

14 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 56353, MN

9,314
Population
4,048
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
92%
High-School Grad
189.8 sq mi
ZIP Area
49
Density / Sq Mi
$77,170
Median Household Income
$41,946
Median Earnings
$882
Median Rent
$239,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Manufacturing property - A mix of warehouse and finished office areas is supported by three-phase power and distributed compressed air.
Where is this manufacturing property located?
The property is located at 520 8th Street NE Milaca, MN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 15,600‑square‑foot building on 2.55 acres; Approximately 12,100 square feet of warehouse and 3,500 square feet of finished office space; 10' to 14' clear ceiling heights
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