940 Mckinley Pkwy Delano, MN 55328
1,932 SF Warehouse, Vacant, 2023 Built
Property size:
1,932 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 370
Property Features for 940 Mckinley Pkwy
General Information
- Property type
- Distribution properties
- Square Feet
- 1,932 SF
Building Details
- Year Built/Renovated
- 2023/2023
- Buildings
- 4
- Stories
- 1
- Units
- 42
HighLights
- 1,932 sq ft warehouse unit in Delano, MN's West End Autoplex, built in 2023, asking $349,000 ($180.64/sq ft).
- 20% cash down payment required for purchase, plus any upgrades.
- Financing options include a 10‑year fixed‑rate loan at 8.75% or a 5‑year balloon with 20‑year amortization at 8.5% (as of December 1, 2023).
- Purchase through a newly formed RE holding company is acceptable with a personal guarantee.
- Closing at Title Mark in Waconia; upgrade funds held in escrow.
- Financial requirements include a personal financial statement, two years of personal and business tax returns, and a credit report.
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Location Insight
- Map
- Local Demand
- City
- Delano
- County
- Wright
- State
- Minnesota
- Longitude
- -93.8115
- Latitude
- 45.052104
Nearby Similar for Sale
FAQs
What type of property is this?
Distribution property - 1,932 SF Warehouse, Vacant, 2023 Built
Where is this distribution property located?
The property is located at 940 Mckinley Pkwy Delano, MN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,932 sq ft warehouse unit in Delano, MN's West End Autoplex, built in 2023, asking $349,000 ($180.64/sq ft).; 20% cash down payment required for purchase, plus any upgrades.; Financing options include a 10-year fixed-rate loan at 8.75% or a 5-year balloon with 20-year amortization at 8.5% (as of December 1, 2023).
