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For Sale:  New Prague MLS# 7091396

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Active
$2,850,000
/mo Edit
Commercial:  1 Story
Built 2000
2.71 acres
New Prague Area schools
MLS# 7091396
763-576-8286
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    Property Description

    Wonderful Industrial property in New Prague Industrial park, strong long term lease with 2% increases each year, 3 separate metal buildings all in great condition, asphalt & concrete parking lot and driveway, nice balance of office space and warehouse, view photos for more details, great investment for the long term buyers!! Call for lease information, etc. Current tenant has right of first refusal.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $2,850,000
    Property Type: Commercial
    City: New Prague
    Garage Spaces: 0
    County: Scott
    Year Built: 2000
    State: MN
    Property Style: 1 Story
    Zip Code: 56071
    Subdivision Name: New Prague Bus Park 5th

    Interior

    Ceiling Height: 16-20
    Flooring: Floor Drains, Heavy Duty
    Refrigerators: One
    Appliances Included:
    • Dryer
    • Microwave
    • Refrigerator
    • Washer
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 20,760 ft2
    Handicap Accessible: Grab Bars In Bathroom
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Parking Lot
    • Paved Lot
    Unit Amenities:
    • Ceiling Fan(s)
    • Tile Floors
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material: Steel Siding
    Roof Details: Metal

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 2.71
    Geolocation: 44.54875, -93.591277
    Inclusions: Building, Land
    Lot Dimensions: 199 x 593
    Zoning: Industrial
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 721
    District Phone: 9527581700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $45,450
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $45,450
    Land Lease Amount: 183600

    Income

    Annual Gross Income: $183,600

    Rent

    Annual Net Income: $183,600

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Industrial
    • Warehouse
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Kubes Realty Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.