940 Mckinley Pkwy Delano, MN 55328
This exceptional 1,932 sq ft industrial unit, located at 940 McKinley Parkway Unit 104 in Delano, MN, presents a unique opportunity for a variety of commercial uses. The space boasts 20' high ceilings, 5" concrete floors with floor drains, and commercial-grade windows, entry door, and a 16' wide x 14' tall garage door. Exterior features include attractive LP Smartside lap siding. The unit is equipped with fire suppression, in-floor radiant heating (with the option to add a split system for additional heating/cooling), and is wired with 3-phase power and AC, and plumbed with water and sewer. A roughed-in bathroom is also included. Further customization is readily available, allowing for the addition of features such as a mezzanine level (adding 672+ sq ft for a total of 2,604+ sq ft), a full bathroom, wet bar, kitchenette, or even a hot tub. The property is part of Phase 1, and is move-in ready, or can be customized to suit your specific needs as an office/warehouse, workshop, showroom, or even a unique car storage facility. Phase II units are currently accepting reservations for completion in late Spring 2025. Don't miss this chance to secure your ideal commercial space. Priced at $349,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.