Retail/Warehouse Showroom
8194 Fairview Rd Baxter, MN 56425
For Sale
Contact for pricing
Flex retail showroom with expansive warehouse, shop, and both indoor and outdoor display space on 2.88 acres.
Property Size16,545 SF
Lot Size2.88 Acres
Price / SF$78.57
Days on Market204
Property Features for 8194 Fairview Rd
General Information
Standard status
Active
Size
16,545 SF
Lot size
2.88 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Close-Converse Commercial Properties
(218) 831-7510
Listed By:
Christopher C. Close
(218) 831-7510
Source:
Moodyscre
Added: Jan 7
Changed: Jul 26
Last Checked: Jul 29 at 3:37PM
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 Close-Converse Commercial Properties
Investment Insights
Based on property information with market context.
This 16,545 SF retail/warehouse property is configured with a spacious retail showroom plus expansive warehouse and shop areas. The building also includes both indoor and outdoor display space, supported by multiple internal sections totaling the stated building size.
The site is offered on 2.88 acres, with an option to expand by acquiring adjacent land for a total of 6.34 acres. The property is positioned for strong exposure with outstanding highway visibility and traffic exposure.
Layout includes Section A (5,793 SF), Section B (1,559 SF), Section C (3,555 SF), Section D (990 SF), and Section E (4,648 SF). Lot dimensions are listed as 440' x 630' for building and land, with the building portion listed as 200' x 630'.
The site is offered on 2.88 acres, with an option to expand by acquiring adjacent land for a total of 6.34 acres. The property is positioned for strong exposure with outstanding highway visibility and traffic exposure.
Layout includes Section A (5,793 SF), Section B (1,559 SF), Section C (3,555 SF), Section D (990 SF), and Section E (4,648 SF). Lot dimensions are listed as 440' x 630' for building and land, with the building portion listed as 200' x 630'.
Key Highlights
- 16,545 SF retail/warehouse building with a retail showroom plus expansive warehouse and shop areas
- 2.88‑acre lot included, with option to expand by acquiring adjacent land for up to 6.34 acres
- Both indoor and outdoor display space for flexible customer‑facing use
Financial Insights For Warehouse
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 | $144.1k | $8.71 |
| − Vacancy | −$5.6k | −$0.34 |
| EGI | $138.5k | $8.37 |
| − OpEx | −$20.8k | −$1.26 |
| NOI | $117.7k | $7.11 |
16,545 SF · lease $8.71/SF/yr · vacancy 3.90% · expense 15.00%
Alternative Uses
Best Use
Retail
$2.19M
$1.92M – $2.56M
NOI $153,432 @ 7.0% cap · market cap 11.80%
Second Best
Flex RnD
$2.17M
$1.90M – $2.53M
NOI $151,958 @ 7.0% cap · market cap 11.69%
Theoretical Best
Office A
$3.51M
$3.07M – $4.10M
NOI $245,872 @ 7.0% cap · market cap 18.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex retail showroom with expansive warehouse, shop, and both indoor and outdoor display space on 2.88 acres.
Where is this flex space located?
The property is located at 8194 Fairview Rd Baxter, MN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 16,545 SF retail/warehouse building with a retail showroom plus expansive warehouse and shop areas; 2.88‑acre lot included, with option to expand by acquiring adjacent land for up to 6.34 acres; Both indoor and outdoor display space for flexible customer‑facing use
