Property summary
This exceptional 3,600 square foot mixed-use property in Delano, Minnesota, presents a compelling investment opportunity. Located on a 0.479-acre lot at 710 Johnson Dr, 55328, this single-story, 1981-built building features a versatile layout ideal for owner-users or investors. Currently 50% occupied, the property includes a professional office space with three separate offices and expansion potential, plus a sizable garage/shop. The existing lease has 1.9 years remaining (commencing October 1, 2023, and expiring September 30, 2026), offering immediate income potential. The property boasts 15 parking spaces and is zoned for commercial use. With a list price of $450,000 ($125/sq ft), this property offers a strong return on investment. The property's location within Delano's industrial park provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, income-generating property in a thriving Minnesota community. The property's flexible layout and ample parking make it an attractive option for a variety of businesses and investors. The existing lease provides immediate cash flow, while the potential for expansion and increased occupancy offers significant upside. The property's strong location and solid construction make it a sound investment for the long term. The property's APN is 107500132104.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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