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Multi-Functional Mfg/Industrial Facility

Listed by Chris Close


Property Description: Excellent opportunity to acquire a large manufacturing facility located within the Brainerd Industrial Park. Features several large manufacturing spaces, numerous offices, several overhead doors, high ceilings and easy highway access. The building is approx. 42,000 sq. ft. and sits on approx. 3.95 acres. Previously used for machining, foundry and finishing, the facility is outfitted for heavy industrial use. This is a great opportunity to locate or expand your company to the beautiful Brainerd Lakes Area!

Listing Details

CC File #: 1468
Address: 1021 Madison Street
City: Brainerd
State: MN
Zip: 56401
Zoning: I1-Light Industrial
PID#: 091110020020009
Legal Description: Lot 2 Block 2 Brainerd Industrial Park
Lot Size : Acres: 3.95
Lot Size : Sq.Ft.: 172,000
Lot Dimensions: 430' x 400'
Lease Space Size : Total Sq. Ft.: 42,071
Lease Space Size : Main Level Sq. Ft.: 39,391
Lease Space Size : Upper Level Sq. Ft.: 2,680
Building Size : Total Sq. Ft.: 42,071
Building Size : Main Level Sq. Ft.: 39,391
Building Size : Upper Level Sq. Ft.: 2,680
Lease Rate/Sq. Ft.: $2.70
Sale Price: $850,000.00
Price Note: Lease Rate is $2.75/SF Triple Net

Directions: From Washington Street and S 6th Street Intersection - South on S 6th Street- East on Wright Street - South on S 10th Street - East on Madison Street - Property in on the North, just after UPS
Property Features & Assets: Main Level: 39,391 SF. Upper Level Lunch Room: 1,840 SF. Upper Level Storage: 840 SF.

Property Features

Build Out: 4891505
Water: City
Sewer: City
Heating: Office Area: Natural Gas Forced Air; Shop/Mfg Areas: Overhead Natural Gas Units
Cooling: Office Area: Central Air - Electric Ground Unit
Electric : Phase: Three
Lighting: Fluorescent
Year Built: 1989
Year Remodeled: 1990, 1992, 1994 & 1997
Construction: Steel Frame
Foundation: Concrete Slab
Roof: Steel
Exterior: Steel Siding & Brick Veneer
Traffic Counts: 1,350 - 1,900 on Wright Street, 465 - 920 on S 10th Street, 4,200 - 4,700 on SE13th Street, and 5,300 - 5,800 on Industrial Park Road
Property Tax Year: 2017
Annual Property Tax: $37,808.00
Ceiling Height: Pattern Shop: 12'; Manual Machining Dept: 16'; Foundry: 24'; Finish Dept: 22'
Overhead Door Size: 3 (12' W x 12' H) Exterior; 1 (8' W x 10' H) Exterior; 1 ( 16' W x 12' H) Interior; 2 (12' W x 12' H) Interior; 2 (10' W x 10' H) Interior
Loading Dock Size: 1 (Equipped with a Leveler)
Floor Drains: Several
Bathrooms: 4
High-Speed Internet: Yes
Parking Spaces: Paved Asphalt Parking Lot
Road Frontage: 430' along Madison Street
Neighboring Businesses: Nearby businesses include Fed Ex, UPS, CTC, Range Printing, Clover Leaf Dairy, Kemps, Habitat for Humanity, United Products, Life Support Services, Precision Tool, C&L Distributing, 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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