Current Use by Public Records
- Warehouses
Property Details for 940 Mckinley Pkwy
- Year built
- 2023
- Property type
- Warehouses
- Property subtype
- Retail properties & Spaces
Description
This exceptional 1,120 square foot warehouse unit, part of the West End Autoplex & Business Center in Delano, Minnesota (zip code 55328, located at 940 McKinley Pkwy), presents a prime owner-user investment opportunity. Built and renovated in 2023, this vacant unit is one of 42 within a four-building complex, each featuring a single story. The property boasts 14 dock-high doors, impressive 20-foot ceilings, and is zoned for commercial use. The unit's interior features 5-inch concrete floors with floor drains, commercial-grade windows and doors (14' wide x 14' tall), attractive LP Smartside siding, and fire suppression. In-floor radiant heating is installed, with options for additional heating and cooling via a split system. Three-phase power, water, and sewer are already plumbed in, and a roughed-in bathroom is included. The unit offers significant customization potential, allowing for expansion by combining with another unit or adding a mezzanine level (adding 448 square feet for a total of 1,568 square feet). Upgrades such as a mezzanine, ADA bathroom, additional bathroom, wet bar, or kitchenette are available. The asking price is $225,000, translating to $200.89 per square foot. Financing options, including a 10-year fixed rate at 8.75% or a 5-year balloon with 20-year amortization at 8.5%, are available through SSBT, with closings at Title Mark in Waconia. Financial documentation requirements include a personal financial statement, two years of personal and business tax returns, and a credit report.
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Location Insight
- Map
- Local Demand
- City
- Delano
- County
- Wright
- State
- Minnesota
- Longitude
- -93.8115
- Latitude
- 45.0521
