retail center hwy 55/cr 15 · 2020-01-10 · property overview flexible use 10,080 sf retail...
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![Page 1: RETAIL CENTER HWY 55/CR 15 · 2020-01-10 · PROPERTY OVERVIEW Flexible use 10,080 SF retail building on 0.74 acres. Open retail space, ... x Approx. 10,080 SF retail building on](https://reader034.vdocument.in/reader034/viewer/2022050309/5f7149219f69883a9900b985/html5/thumbnails/1.jpg)
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL215 Walker Avenue S.Wayzata, MN 55391
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JEFF STEDMANAssociate0: 952.405.2803C: [email protected]
JEFF LUNDQUISTRealtor/BrokerO: [email protected]
OFFERING SUMMARY
SALE PRICE: $425,000
LOT SIZE: 0.74 Acres
YEAR BUILT: 1985
BUILDING SIZE: 10,080 SF
RENOVATED: 1995
ZONING: B-1
PID#: 60.34436.0002
PROPERTY OVERVIEWFlexible use 10,080 SF retail building on 0.74 acres. Open retail space, convenientparking, currently main grocery store serving Kimball and surrounding area. Built 1985with additions in 1995. Sensitive listing, please do not talk with employees. All showings togo through listing agent.F,F & E and inventory to be negotiated separately
PROPERTY HIGHLIGHTS• Price includes building, land and billboard revenue ($1500/yr thru 2025) with option for
buyer to continue operating grocery business.
• Superior highway visibility and easy access to Hwy 55 and CR 15
• Redevelopment opportunity- potential for multi tenant retail center
• Two 10' x 8' Drive Ins & one 8' x 8' dock; 440 v, three phase power
• B-1 Highway Commercial Zoning, along major traffic route with easy access, at majorintersection
• Nearby Recreation: Powder Ridge Ski resort, Lake Louisa & Lake Marie - chain oflakes, West Lake Sylvia
• Located in the hub of commerce to include: restaurants, gas, schools, andprofessional services
• Financials available upon signed NDA (non-disclosure)
31 Maus Drive W, Kimball, MN 55353
RETAIL CENTER HWY 55/CR 15
RETAIL FOR SALE
![Page 2: RETAIL CENTER HWY 55/CR 15 · 2020-01-10 · PROPERTY OVERVIEW Flexible use 10,080 SF retail building on 0.74 acres. Open retail space, ... x Approx. 10,080 SF retail building on](https://reader034.vdocument.in/reader034/viewer/2022050309/5f7149219f69883a9900b985/html5/thumbnails/2.jpg)
PROPERTY DETAILS 31 Maus Drive W. Kimball, MN 55353
Property
Description:
Approx. 10,080 SF retail building on 0.74 acres, irregular, corner lot, crawl space
Two 10' x 8' Drive Ins & one 8' x 8' dock; 440 volt, three phase power.
Price includes: building and land with double sided billboard ($1500/yr revenue
thru 2025), turn key operating grocery business, F, F, & E and inventory to be
negotiated separately.
Property ID: 60.34436.0002
Zoned: B-1 Highway Commercial Zoning
Zoning Permitted &
Conditional
Permitted Uses
may include:
Permitted Uses: Retail establishments -groceries, bakery, departments stores, hardware, drug,
clothing and furniture stores, Drive-in restaurant, Cafés, restaurants and supper club. Places of
Worship. Laundry, barber, shoe repair shop, photography studios. Attorney’s offices, architects;
medical & dental clinics. Repair services such as jewelry, radio and television repair shops. Banks,
finance, insurance and real estate services, bowling, alleys, art galleries. Auto sales lot, auto service
stations and convenience store. Public and semi-public buildings such as post office, city hall, fire
station and police station. Private clubs, hospitals and medical centers.
Conditional Uses: Apartments, but only if they are located above the first floor level and have a
separate entrance from the business establishment below. Auto body repair or paint shops. On and
Off sale liquor establishments. Light industry such as printing shops that require direct contact with
public. Wholesaling.
Property Taxes:
2019 Property Tax: $10,002.00
Age/Year Built
Updates/Upgrades:
Built in 1985 with additions in 1995, roof top heating/forced air-2017, inside
heating/air-2009
Roof Type:
Metal roof- age over 8 years
Water / Sewer: City water and sewer connected
Utilities:
City of Kimball- water, sewer, refuse, & recycling fees
Waste Management- garbage & recycling
Xcel Energy- electric; Center Point Energy- gas
Helpful Contacts: Mayor of Kimball: Tammy Konz, 320-398-5011, [email protected]
City Clerk/Treasurer- Nicole Pilarski, 320-398-2725, [email protected]
Stearns County Economic Development: Neil Fortier, [email protected]
Stearns County Administrator: Michael Williams, 320-656-3601 City website: https://www.ci.kimball.mn.us/
Kimball, Chamber of Commerce President- Leo Wirth, [email protected]
Kimball Area Chamber of Commerce: http://www.kimballareachamber.com/
31 Maus Drive W, Kimball, MN 55353
RETAIL CENTER HWY 55/CR 15
RETAIL FOR SALE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL215 Walker Avenue S.Wayzata, MN 55391
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JEFF STEDMANAssociate0: 952.405.2803C: [email protected]
JEFF LUNDQUISTRealtor/BrokerO: [email protected]
![Page 3: RETAIL CENTER HWY 55/CR 15 · 2020-01-10 · PROPERTY OVERVIEW Flexible use 10,080 SF retail building on 0.74 acres. Open retail space, ... x Approx. 10,080 SF retail building on](https://reader034.vdocument.in/reader034/viewer/2022050309/5f7149219f69883a9900b985/html5/thumbnails/3.jpg)
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL215 Walker Avenue S.Wayzata, MN 55391
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JEFF STEDMANAssociate0: 952.405.2803C: [email protected]
JEFF LUNDQUISTRealtor/BrokerO: [email protected]
31 Maus Drive W, Kimball, MN 55353
RETAIL CENTER HWY 55/CR 15
RETAIL FOR SALE
![Page 4: RETAIL CENTER HWY 55/CR 15 · 2020-01-10 · PROPERTY OVERVIEW Flexible use 10,080 SF retail building on 0.74 acres. Open retail space, ... x Approx. 10,080 SF retail building on](https://reader034.vdocument.in/reader034/viewer/2022050309/5f7149219f69883a9900b985/html5/thumbnails/4.jpg)
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL215 Walker Avenue S.Wayzata, MN 55391
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JEFF STEDMANAssociate0: 952.405.2803C: [email protected]
JEFF LUNDQUISTRealtor/BrokerO: [email protected]
31 Maus Drive W, Kimball, MN 55353
RETAIL CENTER HWY 55/CR 15
RETAIL FOR SALE
![Page 5: RETAIL CENTER HWY 55/CR 15 · 2020-01-10 · PROPERTY OVERVIEW Flexible use 10,080 SF retail building on 0.74 acres. Open retail space, ... x Approx. 10,080 SF retail building on](https://reader034.vdocument.in/reader034/viewer/2022050309/5f7149219f69883a9900b985/html5/thumbnails/5.jpg)
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL215 Walker Avenue S.Wayzata, MN 55391
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JEFF STEDMANAssociate0: 952.405.2803C: [email protected]
JEFF LUNDQUISTRealtor/BrokerO: [email protected]
31 Maus Drive W, Kimball, MN 55353
RETAIL CENTER HWY 55/CR 15
RETAIL FOR SALE
![Page 6: RETAIL CENTER HWY 55/CR 15 · 2020-01-10 · PROPERTY OVERVIEW Flexible use 10,080 SF retail building on 0.74 acres. Open retail space, ... x Approx. 10,080 SF retail building on](https://reader034.vdocument.in/reader034/viewer/2022050309/5f7149219f69883a9900b985/html5/thumbnails/6.jpg)
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL215 Walker Avenue S.Wayzata, MN 55391
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JEFF STEDMANAssociate0: 952.405.2803C: [email protected]
JEFF LUNDQUISTRealtor/BrokerO: [email protected]
Retail Center Hwy 55/CR 15
Retail Center Hwy 55/CR 15
31 Maus Drive W, Kimball, MN 55353
RETAIL CENTER HWY 55/CR 15
RETAIL FOR SALE
![Page 7: RETAIL CENTER HWY 55/CR 15 · 2020-01-10 · PROPERTY OVERVIEW Flexible use 10,080 SF retail building on 0.74 acres. Open retail space, ... x Approx. 10,080 SF retail building on](https://reader034.vdocument.in/reader034/viewer/2022050309/5f7149219f69883a9900b985/html5/thumbnails/7.jpg)
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL215 Walker Avenue S.Wayzata, MN 55391
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JEFF STEDMANAssociate0: 952.405.2803C: [email protected]
JEFF LUNDQUISTRealtor/BrokerO: [email protected]
POPULATION 3 MILES 5 MILES 10 MILES
Total population 1,171 3,320 15,115
Median age 40.4 40.0 38.1
Median age (male) 41.6 40.7 38.0
Median age (Female) 39.2 39.2 39.5
HOUSEHOLDS & INCOME 3 MILES 5 MILES 10 MILES
Total households 445 1,265 5,585
# of persons per HH 2.6 2.6 2.7
Average HH income $70,294 $69,148 $71,079
Average house value $255,939 $257,563 $261,480
* Demographic data derived from 2010 US Census
31 Maus Drive W, Kimball, MN 55353
RETAIL CENTER HWY 55/CR 15
RETAIL FOR SALE