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    400 Railroad W Ave Onamia, MN 56359-2709
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    Property profile & analytics

    400 Railroad W Ave, Onamia, MN 56359-2709

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    • Commercial land
    Off-Market
    Last Sale Nov 12, 2021
    $400,000
    Property ID
    US46-1442514
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Multisource Onamia / Industrial Manufacturer

    Property Details for 400 Railroad W Ave

    Property type
    Commercial land
    APN
    22-810-0160
    APU
    228100160

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 20, 2022 — Oasis Group INC — Deed · related $2M · Us Small Business Admn
    Nov 12, 2021 $400,000 Oasis Group INC Ms Onamia LLC Limited Warranty Deed $280k · Berkley Group INC
    Dec 15, 2020 — Ms Onamia LLC Lakes Gas Co Quit Claim Deed · related —
    Dec 15, 2020 $425,000 Ms Onamia LLC Onamia Properties LLC Warranty Deed —

    Description

    This exceptional 15,340-square-foot industrial property, situated on a 1.42-acre lot (61,855 sq ft), presents a unique opportunity in the Mille Lacs submarket, near Minneapolis. Built in 1998, this single-story building boasts a blend of manufacturing and flex space, perfectly suited for a variety of businesses. The property features 12,886 square feet of manufacturing/storage space and 2,454 square feet of fully remodeled office space, comprising seven individual offices. High-speed internet access is available via a fiber connection, ensuring seamless operations. The space is well-equipped with ample power outlets (every 10 feet), full air conditioning, and filtered air, ideal for clean manufacturing environments. The property previously served a medical device manufacturer. A large break room and conference area have been recently redesigned and refinished. Parking is abundant with over 20 spaces in a paved asphalt lot. Conveniently located near the Soo Line ATV Trail and HWY 169, this property offers easy access and high visibility. The building includes four bathrooms and two overhead drive-in doors for efficient loading and unloading. The property is zoned commercial (APN: 228100160 & 228100170) and is immediately available. Property taxes are $0.45 per square foot.


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    Location Insight

    • Map
    • Local Demand
    City
    Onamia
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.6652
    Latitude
    46.0695
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $546
    $23,200
    $0.00
    $23,200
    -
    $23,200
    $0.00
    $23,200
    More about this property
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