Current Use by Public Records
- Specialty properties
Property Details for 950 Us-10
- Year built
- 1976
- Lot size
- 1.32 lot acres
- Property type
- Specialty properties
- Property subtype
- Retail properties & Spaces
Description
This exceptional Elk River property at 950 US-10 offers a unique blend of commercial spaces. The 4,100 square foot building, constructed in 1976, sits on 1.32 acres of land and is classified as Class C. The two-story structure provides ample space for a variety of uses, including traditional office, executive office, coworking, and creative office spaces. The building's versatility is further enhanced by the inclusion of garage and storage units, making it ideal for businesses needing diverse workspace solutions. Currently, there is one remaining garage unit available, offering 240 square feet of space for $125 per month. The property boasts convenient highway access via Highway 10, providing excellent visibility and accessibility for clients and employees. With a total of 50 parking spaces, ample parking is available for tenants and visitors. The multiple tenancy structure allows for flexibility in leasing arrangements. This property presents a compelling opportunity for businesses seeking a versatile and well-located space in Elk River, Minnesota. The property's diverse offerings and strategic location make it an attractive investment for those seeking a strong return on investment. The combination of office and storage space caters to a wide range of business needs, ensuring a high occupancy rate and stable income stream.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elk River
- County
- Sherburne
- State
- Minnesota
- Longitude
- -93.5686
- Latitude
- 45.3043
