2 Enterprise AveIsanti, MN 55040

Property Details for 2 Enterprise Ave

Year built

2004

Construction

WOOD

Lot size

0.23 AC

Property size (Sq ft)

4,000 SF

Property type

Industrial properties

Property subtype

Industrial live-work properties

APN

16.132.0010

APU

161320010

Description

This exceptional retail property, located at 2 Enterprise Avenue in Isanti, Minnesota, offers a substantial 12,800 square feet of space on a generous 1.57-acre lot. Priced at $1,499,000, this property presents a significant opportunity for businesses seeking a prominent location in a growing community. The expansive square footage allows for versatile configurations, accommodating a variety of retail operations or potential expansion. The ample lot size provides ample parking and potential for future development or outdoor display areas. The property's address on Enterprise Avenue ensures high visibility and easy access for customers. Its location in Isanti offers a strong base of local clientele and convenient access to major transportation routes, making it an ideal location for businesses seeking to establish or expand their presence in the area. The property is ready for immediate occupancy, providing a seamless transition for new businesses. Serious inquiries are encouraged to explore the potential of this exceptional retail opportunity. This is a rare chance to acquire a substantial retail space in a desirable location at a competitive price. Don't miss this chance to secure your business's future in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $911,922

  6.5%

  $841,774

  7%

  $781,647

• Comparable approach

  Method

  Valuation

  Relative Method

  $316,448

  Geo Method

  $316,448

• Alternative Use

  Use

  Valuation

  Residential

  $841,774

  Hospitality

  $771,060

  Educational

  $641,513

  Medical

  $663,576

  Retail

  $997,909

Location Insight

City

Isanti

County

Isanti

State

Minnesota

Latitude

45.5024

Longitude

-93.2374

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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