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    250 St John St Loretto, MN 55357

    Sponsored
    For Lease
    $6 SF/Yr ($11,537 /Mo)

    Charming warehouse space, MN.

    Lot size:
    23,074 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Loretto, Minnesota property, located at 250 St John St, 55357, offers a unique blend of office and warehouse space. The building, constructed in 1987 and renovated in 2021, boasts a total of 23,074 square feet on a 1.89-acre lot. Currently, 2,807 square feet of upstairs space is available for lease. This inviting space features attractive wood floors, exposed beams, and exposed brick, creating a charming and creative atmosphere. The mezzanine level offers a unique layout with two mezzanines, one ideal for a private office. The main level provides flexible office and warehouse space options, complete with convenient dock and drive-in doors. The property also offers desirable amenities including 24/7 access, signage opportunities, and shared kitchen and restroom facilities. The available space is adaptable to various business needs, with sizes ranging from 2,000 to 5,000 square feet, allowing for customization to suit specific requirements. This property presents a rare opportunity to secure a versatile and well-appointed space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 250 St John St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,074 SF
    Total Rate
    11537

    Building Details

    Year Built/Renovated
    1987/2021

    Unit(s) available at that property

    Space
    Unit H
    Size
    2,807 SF
    Rate per SF
    $8

    HighLights

    • Highway 55 frontage.
    • Versatile space including office, warehouse, and studio areas.
    • Shared kitchen and restrooms.
    • Around‑the‑clock access.
    • Loading docks and drive‑in access.
    • On‑site signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Photo Loft Photography Studio JPrime Auto Sales Car Dealer Perfect Fit Cabinetry, ... Cabinet Maker

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Loretto
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.6380711
    Latitude
    45.0553508

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    Nearby Similar for Lease

    • $10 SF/Yr
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      Office and Warehouse Space Available

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      View Details

    FAQs

    What type of property is this?
    Distribution property - Charming warehouse space, MN.
    Where is this distribution property located?
    The property is located at 250 St John St Loretto, MN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Highway 55 frontage.; Versatile space including office, warehouse, and studio areas.; Shared kitchen and restrooms.
    Request Owner's contact information
    250 St John St Loretto, MN 55357
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    Loretto, MN 55357
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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
    250 St John St Loretto, MN 55357
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