170 89Th AveBlaine, MN 55434

  • Commercial real estate
  • 56,857 SF
For Sale

Property Details for 170 89Th Ave

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.80 AC
Property size (Sq ft)
56,857 SF
Property type
Commercial real estate
APN
31-31-23-32-0008
APU
313123320008

Description

This exceptional industrial property, located at 170 89th Avenue NE in Blaine, Minnesota, presents a significant opportunity for businesses seeking ample space and strategic location. The property boasts a substantial 56,744 square feet of building area, providing ample room for warehousing, manufacturing, or distribution operations. Situated on a generous 4.8-acre lot, the property offers significant expansion potential or the ability to incorporate outdoor storage or operational areas. The building's size and layout are highly adaptable, making it suitable for a wide range of industrial uses. Its location in Blaine, Minnesota, provides easy access to major transportation arteries, facilitating efficient logistics and distribution. The asking price for this expansive industrial property is $12 million, representing a compelling investment opportunity in a thriving market. The property's size, location, and adaptability make it an ideal choice for businesses seeking to establish or expand their operations in the Minneapolis-St. Paul metropolitan area. Serious inquiries are encouraged to explore the potential of this exceptional industrial property. Detailed specifications and floor plans are available upon request. This is a rare opportunity to acquire a substantial industrial property in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,965,184
    Hospitality
    $10,960,044
    Educational
    $9,118,628
    Medical
    $9,432,232
    Retail
    $14,184,533

Location Insight

City
Blaine
County
Anoka
State
Minnesota
Latitude
45.1312
Longitude
-93.2614
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$91,981
$1,819,000
$2,225,100
$4,044,100
-
$1,819,000
$2,225,100
$4,044,100

FAQs

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