$1,440,000

1005 High Avenue NE, Willmar, MN 56201

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$1,440,000

1005 High Avenue NE Willmar, MN 56201

For Sale MLS# 7058777

8,200 sq ft Commercial

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Data current as of 08/06/2026 15:38:10

Details for 1005 High Avenue NE

MLS# 7058777

Description for 1005 High Avenue NE, Willmar, MN, 56201


Government-Leased Office Building – USDA Tenant (Lease Through April 30, 2030)This high-quality, single-story office building was purpose-built (1997) to meet the specific needs of a government tenant and is currently leased to the USDA through April 30, 2030, offering stable, long-term income.The property features a highly functional and efficient layout, including:• 18 private offices• Large open staff work area• Conference room• Dedicated data processing/IT room• Reception area with vestibule entry• Employee breakroom• Restrooms• Storage and mudroom spaceThe building is complemented by a large, oversized parking lot, providing ample parking (60+) for both staff and visitors.Investment Highlights & Income PotentialThe property is priced based on current income and expenses for the year ending 2025, providing a solid and transparent financial baseline for investors.Additionally, there is 431 sq. ft. of finished office space recently vacated by another government agency, which constructed a new facility to accommodate its expanded space requirements.This space presents a strong value-add opportunity, as it could be leased by the current USDA tenant (subject to government approval) for an additional $12,175 in annual rent. If leased, the total annual rental income would increase to $199,812.25, based on 7,073 rentable square feet.Importantly, this space is fully finished and requires no further improvements, allowing for immediate occupancy and increased income potential.Explore the original design of fractional or group ownership with this already-surveyed property, thoughtfully divided into 8 separate parcels. Whether you’re considering a shared investment with partners or individual ownership across multiple investors, this setup offers flexibility and strong potential.

Listing Information


Property Type: Commercial, Office

Status: Active

Square Feet: 8,200 sq ft

Year Built: 1997

Foundation: 8,200 sq ft

Stories: 1 Story

Number Of Units Total: 8

Current Use: Business Service

County: Kandiyohi

Days On Market: 49

Construction Status: Previously Owned

School Information


District: 347 - Willmar

Interior Features


Appliances: Refrigerator, Microwave, Gas Water Heater

Flooring: Carpet,Vinyl/Linoleum

Doors/Windows: Blinds

Accessibility: No Stairs External

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Common,Hot Water Common

Cooling: Central

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Open Parking: 65

Parking Description: Parking Lot, Paved Lot

Exterior: Brick/Stone, Cement Board

Roof: Age Over 8 Years

Lot Dimensions: 201x295

Zoning: Business/Commercial

Topography: Level

Fencing: Privacy, Vinyl

Additional Exterior/Lot Features: Land Inclusions - Building,Land,Leases, Road Frontage - City

Driving Directions


Highway 71 going North of town, Turn right onto service road, go past the armory, turn right at first intersection, to high Ave, turn left to building on left.

Financial Considerations


Tenant Pays: Broadband,Telephone

Owner Pays: All Utilities,Common Area Maintenance,Exterior Maintenance,Grounds Care,HVAC Maintenance,Insurance,Janitorial,Maintenance/Repair,Repairs,Taxes,Trash

Gross Income: 187636.5

Tax/Property ID: 958380010

Tax Amount: 18298

Tax Year: 2026

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 1005 High Avenue NE

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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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