For Sale
$970,220

498 7Th Ave Newport, MN 55055

Prime MN industrial land, development ready.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 3.57-acre commercial land parcel presents a compelling development opportunity in Newport, Minnesota. Located in a thriving east metro area, this property boasts a highly desirable B2 zoning, permitting light industrial uses. Completed environmental work streamlines the development process, while the city's pro-growth environment fosters a supportive atmosphere for new ventures. Ideal for projects such as mini-storage facilities (auto repair and body shops excluded per zoning). The site enjoys excellent visibility from the highway and convenient access to major transportation arteries, including I-494, Minneapolis-St. Paul International Airport, St. Paul Airport, and the Mall of America. The property's strategic location near Glen Road and Highway 61 ensures seamless connectivity and accessibility. The asking price is $970,220. This offering comprises four parcels totaling approximately 155,239 square feet (3.57 acres) with individual parcel sizes of 20,644 SF, 44,828 SF, 38,367 SF, and 51,400 SF. This is a rare chance to acquire a significant land holding in a rapidly growing market. Don't miss this chance to capitalize on this prime development opportunity.

Highlights

  • $970,220 asking price.
  • 3.57 acres of commercially zoned land.
  • B2 zoning; ideal for light industrial development (excluding auto repair).
  • Completed environmental site assessment.
  • Prime location near Glen Road, Hwy 61, and major transportation arteries (I-494, MSP International Airport, St. Paul Airport, Mall of America).
  • High visibility from highway.

Property Details for 498 7Th Ave

Property type
Land
Lot Size (sq. ft)
155,509 SF

Location Insight

City
Newport
County
Washington
State
Minnesota
Latitude
44.860472
Longitude
-92.999623

FAQs

What type of property is this?
Land - Prime MN industrial land, development ready.
Where is the land located?
The property is located at 498 7Th Ave Newport, MN.
What is the asking price?
The asking price for this property is $970,220.
What are key features of this property?
This property features: $970,220 asking price.; 3.57 acres of commercially zoned land.; B2 zoning; ideal for light industrial development (excluding auto repair).
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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498 7Th Ave
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