For Sale
$410,000

721 Industrial Blvd Watertown, MN 55388

Two units, 2180 sq ft, gated complex

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents two contiguous warehouse units totaling 2,180 square feet, ideally located at 721 Industrial Blvd in Watertown, Minnesota, zip code 55388. Each unit offers approximately 1,090 square feet of versatile space, with Unit B3 boasting an additional 400 square feet of mezzanine storage. Both units are move-in ready, featuring sheet-rocked walls, 14-foot insulated garage doors with openers, and 16- to 20-foot vaulted tin ceilings. High-quality finishes include LED lighting, in-floor heat, and 100-amp electrical service with multiple outlets. Additional features such as floor trench drains, fire suppression systems, spray foam/blown insulation, and AC units ensure functionality and safety. Unit B3 includes a rough-in bathroom with shower options, while Unit B4 provides convenient camper and washer/dryer hookups. The property benefits from a secure, gated and fenced complex with exterior building insurance, lawn/snow care, garbage removal, outside lighting, security cameras, and gate/fencing maintenance covered by the homeowner's association, with quarterly dues of $100. Convenient access to Highways 7 and 12 adds to the property's appeal. Future planned amenities include additional entrance gates, security fencing, a wash bay, an RV dump station, and a lounge area. The property is zoned for commercial/multi-use, welcoming various business ventures. The 2023 property taxes are $1,800 for personal use and $3,500 for business use. Xcel electric/gas, city water/sewer, and fiber optic internet are readily available. The buildings were completed in 2022 and 2023, with a fourth building scheduled for completion in Fall 2023. The asking price is $410,000 for both units, or $205,000 per unit. A dehumidifier can be installed at an additional cost, and upgrading to a 200-amp electrical service is also possible. A business sign is permissible over the service door with city approval. Parcel ID numbers are 85.601015 and 85.6010160.

Highlights

  • Excellent location with easy Hwy 7 and Hwy 12 access.
  • Buy one or two adjacent commercial garage units.
  • Secure gated and fenced complex.
  • HOA covers lawn/snow removal, trash, exterior lighting, security cameras, gates/fencing, and exterior building insurance.
  • Planned future amenities include additional gates, security fencing, wash bay, RV dump station, and lounge.
  • Utilities include Xcel Electric/gas, city water/sewer, and fiber optic internet.

Property Details for 721 Industrial Blvd

Property type
Warehouses, Industrial properties
Square Feet
2,180 SF

Location Insight

City
Watertown
County
Carver
State
Minnesota
Latitude
44.9496518
Longitude
-93.8666649

FAQs

What type of property is this?
Warehouse - Two units, 2180 sq ft, gated complex
Where is the warehouse located?
The property is located at 721 Industrial Blvd Watertown, MN.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Excellent location with easy Hwy 7 and Hwy 12 access.; Buy one or two adjacent commercial garage units.; Secure gated and fenced complex.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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721 Industrial Blvd
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