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Mfg/Industrial For Sale or Lease

Listed by Tim Miller


Property Description: Purchase or lease a large industrial building containing three 8,000 sq. ft. warehouse bays, each containing functional floor space and overhead doors. Ideal opportunity for distributors or mfg/industrial businesses seeking ample room for industrial/storage space with numerous possibilities.

Listing Details

mls: 5214538
CC File #: 774
Address: 1119 Madison Street
City: Brainerd
State: MN
Zip: 56401
Zoning: I1 - General Industy District
PID#: 41361020 (To Be Split)
Legal Description: The west approx. 270' of Lot 3 Block 2, to be split off from Lot 3 Block 2, Brainerd Industrial Park (To be split off if building is sold)
Lot Size : Acres: 2.5
Lot Size : Sq.Ft.: 108000
Lot Dimensions: 270' x 400'
Lease Space Size : Total Sq. Ft.: 24,000
Lease Space Size : Min Sq. Ft. Available: 8,000
Lease Space Size : Max Sq. Ft. Available: 24,000
Lease Space Size : Main Level Sq. Ft.: 24,000
Building Size : Total Sq. Ft.: 24,000
Building Size : Main Level Sq. Ft.: 24,000
Lease Rate/Month: $2,750 - $3,150
Lease Type: Gross + Utilities
Sale Price: $599,000.00

Directions: From Oak Street & SE 13th Street - South on SE 13th Street to Madison Street - Right (west) on Madison Street - The building is about half way down the street on the right (north)
Property Features & Assets: Entire Building: 24,000 SF ($7,500/Month). Bay 1: 8,000 SF ($3,150/Month); Bay 2: 8,000 SF ($2,750/Month); Bay 3: 8,000 SF ($2,750/Month).

Property Features

Water: City
Sewer: City
Heating: Natural Gas Forced Air & Gas Ceiling Units
Cooling: Electric Ground Unit (Only serving portions of the building)
Electric : Amps: 200
Electric : Phase: Single
Lighting: Fluorescent
Year Built: 1995
Construction: Steel Frame
Foundation: Concrete
Roof: Steel
Exterior: Steel
Traffic Counts: 1,350 - 1,900 on Wright Street, 465 - 920 on S 10th Street, 4,200 - 4,700 on SE 13th Street, and 5,300 - 5,800 on Industrial Park Road
Property Tax Year: 2018 (To be split)
Annual Property Tax: $24,354.00
Ceiling Height : Office: 8'
Ceiling Height : Warehouse: 16'
Overhead Door Size: Bay 1: 2 (12'W x 10'H) Drive-In (East Facing), 1 (8'W x 10'H) Drive-In (South Facing), 1 (8'W x 10'H) Interior; Bay 2: 1 (12'W x 10'H) Drive-In (West Facing); Bay 3: 1 (12'W x 10'H) Drive-In (East Facing); Note: There is also 1 (8'W x 10'H) interior door between Bays 1 & 2 and 1 (10'W x 10'H) interior door between Bays 2 & 3.
Floor Drains: 10
Bathrooms: 4 (Bay 1); 2 (Bay 2); 2 (Bay 3)
Parking Spaces: 72 (24 per 8,000 SF Bay)
Road Frontage: 270' on Madison Street (To be split off from 430' Parcel)
Neighboring Businesses: Nearby businesses include Fed Ex, UPS, Clover Leaf Dairy, Kemps, Lakeland Mold, Habitat for Humanity, C&L Distributing, United Products, American Welding, Heartland Tire, Royal Tire, the Crow Wing County Fair Grounds, Shipman Auto Parts, Thelen Heating & Roofing, Pepsi, D&D Distributing, Keystone Automotive, plus many more.
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Information provided by members of Greater Lakes Association of Realtors. Copyright 2009 Greater Lakes Multiple Listings Service. All rights reserved. Information is deemed reliable but not guaranteed.