a Berkshire Hathaway affiliate

$489,000

540 3rd Avenue NW, Hutchinson


540 3rd Avenue NW Hutchinson, MN 55350 - Crow River

For Sale MLS# 5286678

Other

Data current as of {{getLocalTime('2019-12-08T21:50:45Z')}}

Details

MLS# 5286678

Description for 540 3rd Avenue NW, Hutchinson, MN, 55350 - Crow River


This well constructed block, tilt up concrete, commercial/warehouse property is conveniently located along the E/W Hwy 7 corridor on the north side of Hutchinson. Property can be easily demised for multi-tenant application and would work well for general warehousing, light industrial, last mile delivery, storage and other commercial uses. Originally built in 1960 with significant additions in 1980 and 1990 inc 3 phase/220 power and 4 loading access doors (3 DI and 1 dock) on 2 acres of land, with 13 ft clear height, and offers a great deal of value and versatility well into the future. Industrial sites borders on the E/W sides, with office to the north and a wildlife refuge borders to the south. Plenty of onsite and street parking surrounding, with about a half acre of open land on the south side for potential expansion or additional parking. Current tenant approaching 3 yrs on a five yr lease with early termination option by Landlord or potential downsize and extension of lease.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.57 Acres

Square Feet: 21,016 sq ft

Year Built: 1960

Foundation: 21,016 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use: Commercial

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Mcleod

Days On Market: 42

HERS Score:

Construction Status: Previously Owned

School Information


District: 423 - Hutchinson

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Air-To-Air Exchanger

Flooring:

Basement: None

Additional Interior Features: 220 Volt

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate

Other Utilities:

Cooling: Wall

Heating: Natural Gas, Space/Wall Heater, Forced Air

Exterior / Lot Features


Garage Spaces: 3

Parking Spaces: 6

Parking Description: Uncovered/Open, Driveway - Asphalt, Garage Door Height - 10, Garage Door Width - 10

Exterior: Other, Block

Roof: Rubber, Flat

Lot View:

Lot Dimensions: Irregular

Farm Type:

Crop Type:

Zoning: Business/Commercial

Fence: Wood

Additional Exterior/Lot Features: Irregular Lot, Road Frontage - City, Curbs, Paved Streets

Soil Type:

Tillable Acres:

Waterfront Details


Body of Water: Crow River

DNR Lake ID: S9990501

Water Front Type: River View

Water Frontage:

Lake Acres:

Lake Bottom:

Lake Chain Name:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront: Gradual

High Point to Waterfront:

Community Features


Complex Features: Fire Sprinkler System, Concrete Floors & Walls

Pets Allowed: No

Association Name:

Driving Directions


Hwy 7 West, South onto 3rd Ave NW. Property on the corner.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Water/Sewer,Electric,Fuel,Maintenance/Repair,Janitorial,Trash,Snow,Lawn,Cable T.V.,Broadband

Owner Pays: Taxes,Insurance,Lawn,Snow

Annual Income: $60,000

Ownership Type:

Tax/Property ID: 230363200

Tax Amount: $11,058

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$489,000 Original Price
$489,000 Current Price
+$0 Total Change
Date Price Change
10/25/2019 03:08 PM $489,000

Sales History

Date Price Change
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Schools nearby 540 3rd Avenue NW

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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

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

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Contingent and Pending statuses may not be available for all listings