INDUSTRIAL PROPERTY FOR SALE-PARCEL 1: NEW PRAGUE, MN

1111 4th AVENUE NW - PARCEL #1 NEW PRAGUE, MN 56071

Listing ID: 41870

$500,000

Property For Sale

INDUSTRIAL PROPERTY FOR SALE-PARCEL 1: NEW PRAGUE, MN

■ Approx. 2.657 Acres; engineered and developed in 2021

■ Heavy duty gravel limestone surface and stormwater pond in place that leads to creek

■ Conditional Use Permit & Variance allows for storage/parking of commercial and recreational vehicles, boats, & equipment

■ Lot is screened with fence & trees

■ Private entrance from 12th St NW/W 270th St and lot is directly on Hwy 21 with great visibility

■ Long-term billboard ground lease in place @ $2,600/year for extra income

■ Building will be allowed on this  parcel given close proximity of city utilities on 12th Street

■ Many other uses allowed given this rare limited industrial zoning

■ Asking:  $500,000                       (Split was based on city pre-approval—seller to formally split upon accepted offer