8875 Frontage Rd Savage, MN 55378
This exceptional 6,066-square-foot industrial warehouse, situated at 8875 W Hwy 101 Frontage Rd in Savage, Minnesota, presents a rare opportunity. Boasting a prime location with over 52,000 vehicles passing daily on Highway 101, between Shakopee and Savage, this property offers unparalleled visibility and accessibility. Easy access to Highway 169 further enhances its strategic advantage. The building features two separate units, each with its own utilities, providing flexibility for various business needs. There's even potential for a third unit. Recent renovations include remodeled bathrooms and kitchen, updated warehouse space with fresh paint, new lighting, and epoxy flooring. The west unit comprises 1,500 square feet of office space and a 2,200-square-foot warehouse with a convenient drive-in door. The east unit offers 1,100 square feet of space. The property is zoned Business/Commercial and Industrial, allowing for diverse uses. An additional detached garage might be permitted with conditional use, subject to zoning approvals (see attached zoning information). With 8 parking spaces and a single story, this 1960-built warehouse is priced at $775,000. Don't miss this chance to own a highly desirable commercial property in a thriving location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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