Versatile Office and Showroom
7590 Design Road Baxter, MN 56425
7590 Design Road, Baxter, MN, 56425
$450,000
For Sale
$450,000
Remodeled office area plus flexible additional space for showroom, office use, or storage on nearly an acre.
Property Size3,220 SF
Price / SF$139.75
Days on Market182
Property Features for 7590 Design Road
General Information
- Standard status
- Active
- Size
- 3,220 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1990
Listing agency
RE/MAX Results - Nisswa
(218) 831-4911
Listed by
Alyssa Sharpe
(218) 831-4911
Source
Juverealestate
Added: Jan 22 Updated: Jul 23 at 4:16AM Checked: Jul 23 at 4:16AM
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 RE/MAX Results - Nisswa
Investment Insights
Based on property information with market context.
This versatile building features a main office area that has been designed and remodeled, along with additional space that can be used for a showroom, offices, or storage. The layout supports multiple business functions while keeping the primary workspace separate and well finished.
The property is situated on nearly an acre of land and offers easy access from 371. It is presented for sale as a flexible facility that can accommodate a range of uses as your needs change.
With approximately 3,220 square feet of space, the building is positioned to serve as a functional headquarters area with adaptable secondary rooms for sales support, back-office work, or storage.
The property is situated on nearly an acre of land and offers easy access from 371. It is presented for sale as a flexible facility that can accommodate a range of uses as your needs change.
With approximately 3,220 square feet of space, the building is positioned to serve as a functional headquarters area with adaptable secondary rooms for sales support, back-office work, or storage.
Key Highlights
- Year built 1990
- Nearly 1 acre of land
- Remodeled main office area
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.0k | $18.00 |
| − Vacancy | −$9.3k | −$2.88 |
| EGI | $48.7k | $15.12 |
| − OpEx | −$12.2k | −$3.78 |
| NOI | $36.5k | $11.34 |
3,220 SF · lease $18.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$521.6K
$456.4K – $608.6K
NOI $36,515 @ 7.0% cap · market cap 8.11%
Second Best
Retail
$426.6K
$373.3K – $497.7K
NOI $29,861 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$683.6K
$598.2K – $797.5K
NOI $47,852 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Remodeled office area plus flexible additional space for showroom, office use, or storage on nearly an acre.
Where is this office building located?
The property is located at 7590 Design Road Baxter, MN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Year built 1990; Nearly 1 acre of land; Remodeled main office area
