940 Mckinley Pkwy Delano, MN 55328
This 1,120 square foot commercial unit, located at 940 McKinley Parkway Unit 107 in Delano, Minnesota, presents a unique opportunity for a variety of businesses. The unit is move-in ready, featuring 5" concrete floors with floor drains, 20' high ceilings, and commercial-grade windows, entry door, and a 14' wide x 14' tall garage door. Exterior finishes include attractive LP Smartside lap siding. The space includes fire suppression, in-floor radiant heating (with the option to add a split system for additional heating/cooling), and is wired with three-phase power and AC, and plumbed with water and sewer. A roughed-in bathroom is also included. Significant customization options are available, allowing for the addition of features such as a mezzanine level (adding 448+ square feet for a total of 1,568+ square feet), a full bathroom, wet bar, kitchenette, or even a hot tub. Phase II units are currently accepting reservations for completion in late Spring 2025. This is a high-demand property, so schedule a viewing promptly.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.