Back to Search

Customizable Flex Space Unit

940 McKinley Pkwy #301, Delano, MN 55328

View on Map

For Sale

Contact for pricing

Private unit customizable as office, warehouse, showroom, or garage.

Type:Industrial, Mixed Use, Office, Retail

Property size:

1,520 SF

Price / SF:

$207/SF

HighLights

Highly customizable unit suitable for office/warehouse, workshop, showroom, or garage.
Potential to add a mezzanine level, increasing space to over 2,128 SF.
High‑quality construction with 5” concrete floors, floor drains, and 20’ high ceilings.
Equipped with commercial‑grade windows, entry door, and a 14' x 14' garage door.
Wired with 3‑phase power and AC, plumbed with water and sewer, and roughed‑in bathroom.
Fire suppression system and in‑floor radiant heating included.

We can help!

Contact an agent

Martin "Marty" Turner

Learn more

For Sale

Contact for pricing

Private unit customizable as office, warehouse, showroom, or garage.

Type:Industrial, Mixed Use, Office, Retail

Property size:

1,520 SF

Price / SF:

$207/SF

Added:: Mar 24, 2026
Days on Market:: 97
Last Refresh:: Mar 25 at 8:58 pm

Property Features for 940 McKinley Pkwy #301

General Information

Standard status: Active
Size: 1,520 SF
Property subtype: Industrial, Mixed Use, Office, Retail

Building Details

Year Built: 2026

We can help!

Contact an agent

Martin "Marty" Turner

Listing office eXp Commercial

Listing date Mar 24, 2026

Source Crexi

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 eXp Commercial

HighLights

Highly customizable unit suitable for office/warehouse, workshop, showroom, or garage.
Potential to add a mezzanine level, increasing space to over 2,128 SF.
High‑quality construction with 5” concrete floors, floor drains, and 20’ high ceilings.
Equipped with commercial‑grade windows, entry door, and a 14' x 14' garage door.
Wired with 3‑phase power and AC, plumbed with water and sewer, and roughed‑in bathroom.
Fire suppression system and in‑floor radiant heating included.

Overview

A private unit is available for purchase, customizable as an office, warehouse, workshop, showroom, or car cave/dream garage. The unit offers the potential to add an additional 608 or more square feet of space by incorporating a mezzanine level, resulting in a total of over 2,128 square feet. The unit features 5-inch concrete floors with floor drains and 20-foot high ceilings. It includes commercial-grade windows, an entry door, and a 14-foot wide by 14-foot tall garage door. The exterior is finished with attractive LP Smartside lap siding. The unit is equipped with fire suppression and in-floor radiant heating, with the option to add a split system for additional heating and/or cooling. All units are wired with 3-phase power and AC, and plumbed with water and sewer. A roughed-in bathroom is included. Various upgrades are available, allowing for full customization of the unit, including the addition of a bathroom, wet bar, kitchenette, or even a hot tub. The unit is located in Phase 3, with completion scheduled for late June of 2026. The property size is 1520 square feet.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$33.4k	$21.96
− Vacancy	−$1.7k	−$1.10
EGI	$31.7k	$20.86
− OpEx	−$11.1k	−$7.30
NOI	$20.6k	$13.56

1,520 SF · lease $21.96/SF/yr · vacancy 5.00% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$294.5K

$257.7K – $343.5K (±1% cap)

NOI $20,612 @ 7.0% cap · market cap 6.54%

Second Best

Warehouse

$286.4K

$250.6K – $334.2K (±1% cap)

NOI $20,051 @ 7.0% cap · market cap 6.37%

Theoretical Best

Office A

$362.6K

$317.3K – $423.1K (±1% cap)

NOI $25,385 @ 7.0% cap · market cap 8.06%

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

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Location Insight

Map
Local Demand

City: Delano
County: Wright
State: Minnesota
Longitude: -93.82
Latitude: 45.0289

Nearby Similar for Sale

$325,000

2,128 SF

Customizable Commercial Unit in Delano

Private commercial unit customizable as office, warehouse, showroom, or garage.

940 McKinley Parkway, Delano, MN 55328

View Details
$230,000

1,568 SF

Customizable Office-Warehouse Flex Unit

Private flex unit features a 14' x 14' garage door, 20' ceilings, radiant heat, and floor drains.

940 McKinley Parkway, Delano, MN 55328

View Details
$340,000

2,128 SF

Customizable Office-Warehouse Unit

A private Phase 3 unit with high ceilings, radiant heat, and 14x14 garage access for flexible work and display uses.

940 McKinley Parkway, Delano, MN 55328

View Details
$230,000

1,568 SF

Customizable Office-Warehouse Unit

Private flex unit with 20-foot ceilings, floor drains, and 14' x 14' roll-up door for versatile commercial use.

940 McKinley Parkway, Delano, MN 55328

View Details
$235,000

1,568 SF

Customizable Flex Industrial Unit

Private industrial flex unit features 14' tall garage door, floor drains, radiant heat, and utilities for office or workshop use.

940 McKinley Parkway, Delano, MN 55328

View Details
$230,000

1,568 SF

Customizable Office-Warehouse Unit

A Phase 3 unit with 14' x 14' garage door, 20' ceilings, and reinforced concrete floors with drains.

940 McKinley Parkway, Delano, MN 55328

View Details
$335,000

2,128 SF

Customizable Flex Warehouse Unit

Private flex warehouse with 20' ceilings, 5-inch concrete floors with drains, and 14' wide garage door for versatile use.

940 McKinley Parkway, Delano, MN 55328

View Details
$235,000

1,568 SF

Flex Space with 14' Garage Door

Customizable private unit offers high ceilings, concrete floors with drains, and a wide 14' x 14' garage door.

940 McKinley Parkway, Delano, MN 55328

View Details
$235,000

1,568 SF

Private Office-Warehouse Unit

Private unit features 14-foot wide by 14-foot tall doors, 20-foot ceilings, and decked concrete floors with drains.

940 McKinley Parkway, Delano, MN 55328

View Details
$305,000

2,041 SF

Private Industrial Flex Unit

A customizable flex unit with 20-foot ceilings, 14' wide overhead door, and in-floor radiant heating.

940 McKinley Parkway, Delano, MN 55328

View Details
$399,900

1,520 SF

End-Unit Flex Warehouse Space

Flexible end-unit layout with 20-foot ceilings, overhead loading, and upgraded finishes for a range of commercial uses.

940 McKinley Parkway, Delano, MN 55328

View Details
$259,900

1,568 SF

Delano Commercial Car Condo

Turn-key office/warehouse condo with customized finishes and high ceilings.

940 McKinley Parkway, Delano, MN 55328

View Details

For sale
Flex space
MN
Delano
55328
940 McKinley Pkwy #301

What type of property is this?

Flex space - Private unit customizable as office, warehouse, showroom, or garage.

Where is this flex space located?

The property is located at 940 McKinley Pkwy #301 Delano, MN.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: Highly customizable unit suitable for office/warehouse, workshop, showroom, or garage.; Potential to add a mezzanine level, increasing space to over 2,128 SF.; High‑quality construction with 5” concrete floors, floor drains, and 20’ high ceilings.