This exceptional investment opportunity presents two contiguous warehouse units totaling 2,180 square feet, ideally located at 721 Industrial Blvd in Watertown, Minnesota, zip code 55388. Each unit offers approximately 1,090 square feet of versatile space, with Unit B3 boasting an additional 400 square feet of mezzanine storage. Both units are move-in ready, featuring sheet-rocked walls, 14-foot insulated garage doors with openers, and 16- to 20-foot vaulted tin ceilings. High-quality finishes include LED lighting, in-floor heat, and 100-amp electrical service with multiple outlets. Additional features such as floor trench drains, fire suppression systems, spray foam/blown insulation, and AC units ensure functionality and safety. Unit B3 includes a rough-in bathroom with shower options, while Unit B4 provides convenient camper and washer/dryer hookups. The property benefits from a secure, gated and fenced complex with exterior building insurance, lawn/snow care, garbage removal, outside lighting, security cameras, and gate/fencing maintenance covered by the homeowner's association, with quarterly dues of $100. Convenient access to Highways 7 and 12 adds to the property's appeal. Future planned amenities include additional entrance gates, security fencing, a wash bay, an RV dump station, and a lounge area. The property is zoned for commercial/multi-use, welcoming various business ventures. The 2023 property taxes are $1,800 for personal use and $3,500 for business use. Xcel electric/gas, city water/sewer, and fiber optic internet are readily available. The buildings were completed in 2022 and 2023, with a fourth building scheduled for completion in Fall 2023. The asking price is $410,000 for both units, or $205,000 per unit. A dehumidifier can be installed at an additional cost, and upgrading to a 200-amp electrical service is also possible. A business sign is permissible over the service door with city approval. Parcel ID numbers are 85.601015 and 85.6010160.
Highlights
Excellent location with easy Hwy 7 and Hwy 12 access.
Buy one or two adjacent commercial garage units.
Secure gated and fenced complex.
HOA covers lawn/snow removal, trash, exterior lighting, security cameras, gates/fencing, and exterior building insurance.
Planned future amenities include additional gates, security fencing, wash bay, RV dump station, and lounge.
Utilities include Xcel Electric/gas, city water/sewer, and fiber optic internet.
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Contacts
NATALIE WEBSTER
Laura Hotvet
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721 Industrial Blvd, Watertown, Minnesota, 55388
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721 Industrial Blvd
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