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1400 2nd St SE

54,962 SF Vacant Industrial Building Waseca, MN 56093 $3,118,434 CAD ($57 CAD/SF)

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Investment Highlights

Light industrial facility with many amenities
Easy access to US Highway 14, and only 13 miles to I-35, a key distribution route through Minnesota
Fully functioning paint room with exhaust fans

Conveniently located in Waseca between the two larger cities of Mankato and Owatonna
Includes 13 grade level doors (3 oversized), 22’ clear height, built-in cranes, and heavy power
Immediate possession

Executive Summary

Located on the southern end of Waseca in the City’s industrial park, this large light industrial building offers many attractive amenities. For the industrial/light manufacturing user this building has it all: OHD with clear up 16’, 17 cranes (2-10 ton), ceiling height up to 22’ in some areas, large cold storage building, private offices, dock, 480 phase power, floor drains, restrooms, and the entire building is sprinkled. Forced gas heat/air supply the office area and radiant heat is in the industrial area. Paint room with exhaust fans. Large parking lot for heavy truck traffic, 40 parking stalls, and easy access off of Highway 13. This property is available NOW and will suit a wide range of uses. Inquire today!
The property is situated conveniently between Mankato and Owatonna, MN, with immediate access to US Hwy-14. U.S. Highway 14 runs as an east-west freeway bypass just south of the city. At the same time, Minnesota Highway 13 passes through the city as State Street, running north-south.

Waseca 1400 2nd Ave Sale Brochure

Property Facts

Price	$3,118,434 CAD	Rentable Building Area	54,962 SF
Price Per SF	$57 CAD	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1963
Sale Conditions	Lease Option	Parking Ratio	0.73/1,000 SF
Property Type	Industrial	Clear Ceiling Height	20 ft
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse Office Industrial Live Work Unit	No. Dock-High Doors/Loading	1
Building Class	C	No. Drive In / Grade-Level Doors	13
Lot Size	4.22 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$3,118,434 CAD
Price Per SF	$57 CAD
Sale Type	Investment or Owner User
Sale Conditions	Lease Option
Property Type	Industrial
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse Office Industrial Live Work Unit
Building Class	C
Lot Size	4.22 AC
Rentable Building Area	54,962 SF
No. Stories	1
Year Built	1963
Parking Ratio	0.73/1,000 SF
Clear Ceiling Height	20 ft
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	13
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.