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    299 Johnson Ave Waseca, MN 56093

    Sponsored
    For Lease
    Contact for pricing

    Large industrial space, flexible lease options.

    Lot size:
    248,121 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Waseca, Minnesota property at 299 Johnson Ave SW offers a substantial 248,121 square feet of combined office and industrial space. Currently, 122,116 square feet of vacant space is available for lease, divisible into units as small as 1,849 square feet, with a maximum contiguous space of 122,116 square feet. The building, constructed in 1954 and renovated in 1982, is classified as Class C and sits on a generous 19.72-acre lot. The property boasts impressive features including ceiling heights ranging from 10 to 22 feet, twelve dock-high doors, one drive-in door, and ample parking with 575 spaces. The building is equipped with elevators and benefits from heavy power capabilities, making it ideal for a variety of industrial uses. The zoning is I-2 Moderate Industry District, allowing for a range of potential tenants. The property's APN is 17.018.2200 | 17.126.0290. This versatile space presents a unique opportunity for businesses seeking a significant footprint in a well-located industrial area. The property's size and features make it suitable for a variety of industrial and office tenants. Inquire today to learn more about lease options and explore the possibilities.

    Property Features for 299 Johnson Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    248,121 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1954/1982

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    113,215 SF
    Space
    Available Space 2
    Size
    1,849 SF
    Space
    Available Space 3
    Size
    7,052 SF

    HighLights

    • 248,121 SF flex building in Waseca, MN, with 122,116 SF of vacant space available for lease.
    • Divisible units from 1,849 SF to 122,116 SF contiguous.
    • Features 10‑22' ceiling heights, 12 dock‑high doors, 1 drive‑in door, 2 elevators, and 575 parking spaces.
    • Heavy power, extensive ductwork, compressed air, and chilled water lines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waseca
    County
    Waseca
    State
    Minnesota
    Longitude
    -93.5102957
    Latitude
    44.0685441

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    Nearby Similar for Lease

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      Waseca Warehouse with Dock Doors

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    FAQs

    What type of property is this?
    Distribution property - Large industrial space, flexible lease options.
    Where is this distribution property located?
    The property is located at 299 Johnson Ave Waseca, MN.
    What are key features of this property?
    This property features: 248,121 SF flex building in Waseca, MN, with 122,116 SF of vacant space available for lease.; Divisible units from 1,849 SF to 122,116 SF contiguous.; Features 10-22' ceiling heights, 12 dock-high doors, 1 drive-in door, 2 elevators, and 575 parking spaces.
    Request Owner's contact information
    299 Johnson Ave Waseca, MN 56093
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    Waseca, MN 56093
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    299 Johnson Ave Waseca, MN 56093
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