Property Description Offering an exceptional opportunity for an owner-occupier or investor, this premium flex building built in 2017 has been meticulously maintained by its current owner and presents in like-new condition. The property provides strong, immediate cash flow as a leased building anchored by solid co-tenants, including a general contractor and detail shop, with one flexible suite opening up for lease soon. Designed for heavy utility and high efficiency, suites vary and mostly feature 18-foot clear height ceilings, in-floor drainage, dedicated heating, individual restrooms, along with updates that allow for vehicles to be parked inside & worked on. End-cap units feature built-in office spaces, and all suites offer exceptional access via 14-foot overhead garage doorsâincluding dual 14-foot doors in Suites D and B/C, plus an additional 10-foot side door in Suite D. Convenience is further elevated by a massive 40-stall shared parking lot and a strategic location just off Highway 63, placing your operation five minutes from the Rochester International Airport and directly connected to the highway leading into Downtown.
Quick Highlights:
- Meticulously Maintained, 2017 Construction
- 18' Clear Height Ceilings in Select Areas
- 14' Overhead Doors
- In-Floor Drains, Multiple Heat Sources, and More!
Details
Maps
Contract Information
Status: Active
Current Price: 1700000
Contingency: None
ListPrice: 1700000
List Date: 2026-09-10
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 40
Owner Occupied: Yes
Waterfront YN: No
Year Built: 2017
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Industrial
Foundation Size: 12320
Garage Stalls: 5
For Sale or Lease: For Sale
Acres: 1.1
Lot Dimensions: 324 x 149
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 6876
Street Name: 10th
Street Suffix: Avenue
Street Direction Suffix: SW
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55902
Complex/Dev/Subdivision: Airport Indust Park
Assessments
Tax With Assessments: 43660
Basement
Foundation Dimensions: 220 x 56
Building Information
Building Finished SqFt: 12320
Building SqFt: 12320
Ceiling Height: 16-20
Income and Expenses
Annual Gross Expenses: 60400
Annual Gross Income: 130122
Annual Net Income: 85728
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Door Height: 14
Garage Door Width: 9
Public Survey Info
Range#: 14
Section#: 2
Township#: 105
Sale Options
Sale Includes: Building, Land
Unit 1
Unit Number: 1
Unit Details
Total Units: 4
Property Features
Accessible: Partially Wheelchair
Air Conditioning: Central Air
Assumable Loan: Not Assumable
Basement: None
CMU Style: Warehouse
Construction Status: Previously Owned
Current Use: Business Service; Commercial; Professional Service; Warehouse
Existing Financing: Conventional
Exterior: Metal
Flooring: Concrete Slab
Foundation: Slab
Fuel: Natural Gas
Heating: Other
Loan Terms: Conventional
Location Description: Industrial Park
On Site Utilities: Electric Separate; Heating Separate