For Sale
$349,000

940 Mckinley PkwyDelano, MN 55328

1,932 SF Warehouse, Vacant, 2023 Built

Overview

Added:
Dec 11, 2024
Days on market:
103

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 Details for 940 Mckinley Pkwy

Property type
Other warehouses, Other retail properties
Square Feet
1,932 SF
Year Built/Renovated
2023/2023
Buildings
4
Stories
1
Units
42

Location Insight

City
Delano
County
Wright
State
Minnesota
Latitude
45.052104
Longitude
-93.8115
940 Mckinley Pkwy, Delano, Minnesota
Leaflet | © OpenStreetMap contributors

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940 Mckinley Pkwy
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