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  • 18 3rd Ave Se

  • Norwood Young America, MN 55397
  • $628,000
  • 14,546 SqFt
  • $43.17 / SqFt
  • MLS® #: 5321188
  • Year Built: 1900
  • Days Listed: 172
Commercial property for sale in Norwood Young America, MN at 18 3rd Ave Se. This property is priced at $43/sqft.

Description of 18 3rd Ave Se, Norwood Young America, MN 55397 - $628,000

The Feed Mill Building, with its amazing lake views, is a fantastic business opportunity. This 14,816 sf building will work for one or multiple tenants. Use a portion of this building for your business and lease the rest. As you will see on the attached projected pro-forma, based on a $5.00-$7.50 per sf lease (13,544 sf rentable), 10.5% Cap rate and 21% Cash on Cash return. The building is in great condition. The Feed Mill Building could be turn-key for an owner-occupied that would like to open an event center or restaurant with entertainment, which it is currently zoned for. Zoned C-3; specialized service, retail and office and its existing commercial kitchen just passed Health Department inspection. The back deck has beautiful views of Young America lake. The former owner put many high-end touches into this building. The floor plan flow is truly unique. As the population of the region has grown, so has the variety of industries, services, and businesses located in the ar

Essential Information

  • MLS® #5321188
  • Price$628,000
  • Square Footage14,546
  • Acres0.40
  • Year Built1900
  • TypeCommercial
  • StatusActive

Community Information

  • Address18 3rd Ave Se
  • CityNorwood Young America
  • CountyCarver
  • StateMN
  • Zip Code55397

Garages

Uncovered/Open, Driveway - Gravel

School Information

  • District108 - Norwood

Sub-Type

Other, Retail/Shopping Center, Office

Amenities

  • UtilitiesHeating Common
  • WaterfrontLake View

Interior

  • HeatingDuctless Mini-Split
  • CoolingDuctless Mini-Split

Additional Information

  • Listing OfficeColdwell Banker Realty
  • Date ListedOctober 12th, 2019
  • Days on Market172
  • ZoningBusiness/Commercial
  • RE / Bank OwnedYes

Style

Other, Retail/Shopping Center, Office

Amenities

Deck, Patio, Natural Woodwork, Hardwood Floors, Vaulted Ceiling(s)

Exterior

  • ExteriorWood, Cedar
  • Lot DescriptionIrregular Lot
  • RoofAsphalt Shingles, Metal
  • Foundation5002

Kris LindahlREALTOR®

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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Kindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Kindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Kindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on April 1st, 2020 at 2:29pm CDT.