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MLS # 5286678 - $489,000

540 3rd Avenue Nw - Hutchinson, MN 55350 - Crow South Fork River

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Property Description

$489,000  |  MLS # 5286678  |  540 3rd Avenue Nw - Hutchinson, MN 55350

THIS WELL CONSTRUCTED BLOCK, TILT UP CONCRETE, COMMERCIAL/WAREHOUSE PROPERTY IS CONVENIENTLY LOCATED ALONG THE E/W HWY 7 CORRIDOR ON THE NORTH SIDE OF HUTCHINSON. PROPERTY CAN BE EASILY DEMISED FOR MULTI-TENANT APPLICATION AND WOULD WORK WELL FOR GENERAL WAREHOUSING, LIGHT INDUSTRIAL, LAST MILE DELIVERY, STORAGE AND OTHER COMMERCIAL USES. ORIGINALLY BUILT IN 1960 WITH SIGNIFICANT ADDITIONS IN 1980 AND 1990 INC 3 PHASE/220 POWER AND 4 LOADING ACCESS DOORS (3 DI AND 1 DOCK) ON 2 ACRES OF LAND, WITH 13 FT CLEAR HEIGHT, AND OFFERS A GREAT DEAL OF VALUE AND VERSATILITY WELL INTO THE FUTURE. INDUSTRIAL SITES BORDERS ON THE E/W SIDES, WITH OFFICE TO THE NORTH AND A WILDLIFE REFUGE BORDERS TO THE SOUTH. PLENTY OF ONSITE AND STREET PARKING SURROUNDING, WITH ABOUT A HALF ACRE OF OPEN LAND ON THE SOUTH SIDE FOR POTENTIAL EXPANSION OR ADDITIONAL PARKING. CURRENT TENANT APPROACHING 3 YRS ON A FIVE YR LEASE WITH EARLY TERMINATION OPTION BY LANDLORD OR POTENTIAL DOWNSIZE AND EXTENSION OF LEASE.

Property Details

$489,000  |  MLS # 5286678  |  540 3rd Avenue Nw - Hutchinson, MN 55350

Class: CMU
Acres: 0.570
Lot Size Dimensions: Irregular
Lot Description: Irregular Lot
Waterfront Type: River View
Waterfront Name: Crow River - South Fork
Garage Stalls: 3
Garage Description: Uncovered/Open,Driveway - Asphalt
Additional Parking: 6
Exterior Type: Block,Other
Roof Type: Flat,Rubber
Basement Type: None
Fuel Type: Natural Gas
Heating Description: Forced Air,Space/Wall Heater
Cooling Description: Wall
Appliances: Air-To-Air Exchanger
Sewer: City Sewer/Connected
Water: City Water/Connected
Handicap Access: None
Courtesy Listing: Keller Williams Realty Integrity Northwest

Additional Details

County Name: Mcleod
Tax Year: 2019
Taxes: $11,058
Body of Water Name: Crow River - South Fork
Zoning: Business/Commercial
Year Built: 1960
School District: 423 - Hutchinson
School District Phone: 320-587-2860
Lender Owned: No

Approximate Location

$489,000  |  MLS # 5286678  |  540 3rd Avenue Nw - Hutchinson, MN 55350

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$489,000  |  MLS # 5286678  | 

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