For Sale
$329,000

940 Mckinley Pkwy - Delano, MN 55328

Modern 1,520 sq ft flex space, ready for your business.

Property Records

Overview

Added:
Feb 16
Days on market:
71
This exceptional 1,520-square-foot commercial unit, located at 940 McKinley Pkwy - #212 in Delano, Minnesota, presents a prime investment opportunity. Built and renovated in 2023, this single-story space is part of a four-building complex and boasts a versatile design suitable for various uses, including creative office, flex space, or warehouse. The property features 20-foot ceilings, 14 dock-high doors, and commercial-grade windows and doors. The unit includes 5-inch concrete floors with floor drains, fire suppression, and is wired for three-phase power and AC, plumbed with water and sewer, and has a roughed-in bathroom. The permitted zoning is commercial. The asking price is $329,000, translating to $216.45 per square foot. Potential for expansion exists; adding a mezzanine level could increase the square footage to over 2,128 square feet. The unit is currently vacant and ready for immediate occupancy. The property is situated in Wright County, Minnesota, zip code 55328. Financing options may be available, including a 10-year fixed-rate fully amortized loan at 7.75% or a 5-year balloon with 20-year amortization at 7.5%, subject to credit approval and financial documentation. The property is expected to be delivered in late Spring 2025. Numerous upgrade options are available to customize the space to meet specific business needs.

Highlights

  • $329,000 asking price for a 1,520 sq ft vacant unit.
  • Located at 940 McKinley Pkwy - #212, Delano, MN 55328.
  • 1-story, 2023-built creative office/flex/warehouse space with 20' ceilings and 14 dock-high doors.
  • Part of a 4-building complex, zoned commercial.
  • Buyer financing options include 10-year fixed rate at 7.75% or 5-year balloon with 20-year amortization at 7.5%.

Property Details for 940 Mckinley Pkwy -

Property type
Warehouses, Retail properties
Square Feet
1,520 SF
Year Built/Renovated
2023/2023
Buildings
4
Stories
1
Units
1520

Location Insight

City
Delano
County
Wright
State
Minnesota
Latitude
45.052104
Longitude
-93.8115

FAQs

What type of property is this?
Warehouse - Modern 1,520 sq ft flex space, ready for your business.
Where is the warehouse located?
The property is located at 940 Mckinley Pkwy - Delano, MN.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: $329,000 asking price for a 1,520 sq ft vacant unit.; Located at 940 McKinley Pkwy - #212, Delano, MN 55328.; 1-story, 2023-built creative office/flex/warehouse space with 20' ceilings and 14 dock-high doors.
How can I contact the broker?
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940 Mckinley Pkwy -
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