223 1St AveClara City, MN 56222

This exceptional 220,000-square-foot industrial property in Clara City, Minnesota, presents a unique investment opportunity. Located at 223 1st Ave SE, 56222, this distribution and manufacturing facility boasts a strategic location and significant upside potential. Built in phases between 1946 and 2009, the property offers a blend of modern and established infrastructure. The facility features 15 loading docks, 4 dock-high doors, and ceiling heights reaching up to 27.5 feet, providing ample space for various industrial uses. The asking price is $7,600,000, translating to a price per square foot of $34.55, significantly below replacement cost. The property sits on over 35 acres, allowing for future expansion. Power is robust, with Buildings A-D fed by 120/208 Volt, 3-Phase, 3000 AMP service, and Buildings E-F by 480 Volt, 3-Phase, 800 AMP service. A current tenant provides rental income through August 2024, offering a paid runway for a new owner. This property is ideal for an end-user or investor seeking immediate occupancy or a phased move-in approach. The property's diverse features and strategic pricing make it a compelling investment opportunity in a growing market. The property is zoned for distribution, manufacturing, and warehouse uses.