Building Details

Buildings 1

Building Size 5,510 SF

Listing Agency: SVN GC Real Estate Show Phone

Listed By: Tom Sanquist, CCIM · License #40795096 Show Phone

Source: Moodyscre

Added: Oct 22 Changed: Oct 25 Last Checked: Oct 24 at 3:27PM

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Investment Insights

Based on property information with market context.

This flex property totals approximately 5,510 square feet on a 0.91-acre site. Its layout includes about 860 square feet of conditioned office space and two heated workshop areas totaling approximately 4,650 square feet. The office is vacant; warehouse occupancy is temporary, and the entire property can be delivered vacant. The seller may need additional time to relocate or may seek a short-term leaseback after closing.

Workshop clear heights are approximately 13 feet and 15 feet. The building has two overhead doors: one measuring approximately 10 feet by 12 feet and the other approximately 12 feet by 12 feet. Existing three-phase electrical service is present, with specifications subject to buyer verification. The property is zoned Commercial District. A septic system could be installed, subject to soils, permitting, and governmental approval; proposed uses require County approval.

Key Highlights

• Approximately 5,510‑square‑foot flex building on a 0.91‑acre site
• Two heated workshop areas total approximately 4,650 square feet
• Approximately 860 square feet of conditioned office space; office is vacant

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Infinity Homes Inc. Construction Company

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56367, MN

7,164

Population

2,899

Households

2.5

Avg Household Size

38

Median Age

26%

College-Educated

95%

High-School Grad

101.8 sq mi

ZIP Area

70

Density / Sq Mi

$102,429

Median Household Income

$54,418

Median Earnings

$1,222

Median Rent

$270,100

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 - A vacant office and heated shop space sit within a commercial district, with three-phase electrical service already in place.

Where is this flex space located?

The property is located at 5370 400th St Rice, MN.

What is the asking price?

The asking price for this property is $449,900.

What are key features of this property?

This property features: Approximately 5,510‑square‑foot flex building on a 0.91‑acre site; Two heated workshop areas total approximately 4,650 square feet; Approximately 860 square feet of conditioned office space; office is vacant