REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,500,000
Est. payment /mo
New
480 Park AVE E Eden Valley, MN 55329
5.16 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Subdivision Logeais Add
MLS Listing ID 6708619
Year Built 1990
Annual Tax Amount $28,122
Tax Year 2025
Contingent None
Lot Size 5.160 Acres
Acres 5.16
Lot Dimensions 600 X 377
Property Sub-Type Warehouse
Property Description
Investment/Owner User property For Sale, located at 480 Park Avenue in Eden Valley. The subject property consists of a 128,000 +/- square foot industrial complex – currently 100% leased by Crown Crafts, Inc. Property is conveniently located just one block off Highway 55 and in close proximity to Highway 15.
Offering consists of eight buildings totaling over 128,000 SF on approx. 5.15 +/- acres. The tenant, Crown Crafts, Inc, is one of the world's largest infant product manufacturers. Tenant has occupied the property for over 20 years. These well-maintained buildings were mostly built in the 1990's and 2000's. All buildings are fully sprinkled and feature 11 loading docks (2 with levelers), 4 drive in doors, Three phase power, several front offices, breakroom/conference room, and more.
Excellent opportunity for an owner user to secure their location and capitalize on the rental income until the tenant lease expires, or for an investor to acquire the property at a high cap rate and low basis.
Offering consists of eight buildings totaling over 128,000 SF on approx. 5.15 +/- acres. The tenant, Crown Crafts, Inc, is one of the world's largest infant product manufacturers. Tenant has occupied the property for over 20 years. These well-maintained buildings were mostly built in the 1990's and 2000's. All buildings are fully sprinkled and feature 11 loading docks (2 with levelers), 4 drive in doors, Three phase power, several front offices, breakroom/conference room, and more.
Excellent opportunity for an owner user to secure their location and capitalize on the rental income until the tenant lease expires, or for an investor to acquire the property at a high cap rate and low basis.
Location
State MN
County Meeker
Zoning Industrial
Interior
Heating Forced Air, Radiant
Inclusions Building, Leases
Fireplace No
Exterior
Parking Features Parking Lot
Garage Spaces 4.0
Utilities Available Electric Common, Heating Common, Hot Water Common
Present Use Industrial,Manufacturing
Building
Foundation 128000
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Steel Siding
Schools
School District Eden Valley-Watkins
Listed by Scott Schmitt • Orion Real Estate Advisors, Inc
GET MORE INFORMATION
QUICK SEARCH