Retail/Warehouse Showroom
For Sale
Contact for pricing
8194 Fairview Rd, Baxter, MN 56425
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 Market296
Property Features for 8194 Fairview Rd
General Information
Standard status
Active
Size
16,545 SF
Lot size
2.88 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Listing Agency:
Close-Converse Commercial Properties
(218) 828-3334
Listed By:
Christopher C. Close
(218) 831-7510
Source:
Moodyscre
Added: Jan 7
Changed: Oct 26
Last Checked: Oct 28 at 5:23AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$117,714
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,354,280
$2.4M
Cap Rate 7%
$1,681,629
$1.7M
Cap Rate 9%
$1,307,933
$1.3M
Market Conditions
NOI Build-Up for 16,545 SF
Gross rent
$144.1K $8.71/SF
− Vacancy
−$5.6K −$0.34/SF
EGI
$138.5K $8.37/SF
− OpEx
−$20.8K −$1.26/SF
NOI
$117.7K $7.11/SF
Area
Crow Wing County, MN
Vacancy
3.90%
Lease Rate
$8.71 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,354,280
Cap Rate 7%
$1,681,629
Cap Rate 9%
$1,307,933
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.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 56425, MN
8,584
Population
3,898
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
97%
High-School Grad
18.3 sq mi
ZIP Area
469
Density / Sq Mi
$71,294
Median Household Income
$45,777
Median Earnings
$1,115
Median Rent
$299,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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
