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SOLD! Pequot Industrial Park Building

Listed by Chris Close


Property Description: SOLD! Quality industrial building located in the 57-acre business park in Pequot Lakes, zoned for light industrial and commercial businesses. Great opportunity for mechanics, electricians, contractors, or many other industrial or service-business users. Own your own building and build equity instead of renting. The 5,000 sq. ft. building consists of a large 4,310 sq. ft. heated warehouse with 2 overhead doors, and 690 sq. ft. of office space including a large reception/front desk area, 1 office, 1 bathroom and a mechanical room.

Listing Details

mls: 4915633
CC File #: 1478
Address: 4625 Engen Road
City: Pequot Lakes
State: MN
Zip: 56472
Zoning: LI-Light Industrial
PID#: 291130040030009
Legal Description: Lot 3 Block 4 Pequot Lakes Industrial Park
Lot Size : Acres: 1.63
Lot Size : Sq.Ft.: 71,190.66
Lot Dimensions: 220.2' x 323.3'
Building Size : Total Sq. Ft.: 5,000
Building Size : Main Level Sq. Ft.: 5,000
Building Size : Upper Level Sq. Ft.: 308
Sale Price: $249,000.00

Directions: From Baxter - North on Hwy 371 towards Pequot Lakes - Exit west onto Patriot Ave (following it north) - Right (east) on Derksen Road - Left (north) on Rasmussen Road (Old Hwy 371) - Right (east) on Engen Road - Property is the third building on the right (south)
Property Features & Assets: Warehouse is 4,310 SF plus a 308 SF Mezzanine storage area. Office Area is 690 SF. Air Exchanger is excluded from the asking price, but is available for sale at an additional cost if the Buyer is interested

Property Features

Water: City
Sewer: City
Heating: Office: Natural Gas Forced Air Furnace; Warehouse: 2 Ceiling Mount Forced Air Furnaces
Cooling: Office: Central Air - Electric Ground Unit
Electric : Amps: 200
Electric : Phase: Single
Lighting: Fluorescent
Year Built: 2008
Construction: Steel Frame
Foundation: Poured Concrete
Roof: Steel
Exterior: Steel
Property Tax Year: 2017
Annual Property Tax: $5,114.00
Ceiling Height : Office: 9'
Ceiling Height : Warehouse: 18'
Overhead Door Size: 2 (16' W x 14' H)
Floor Drains: 3
Bathrooms: 1
Security: Yes
High-Speed Internet: Yes
Parking Spaces: 3 Paved Spaces in front plus Class 5 parking along the side and back
Road Frontage: 220.2' along Engen Road
Neighboring Businesses: Pequot Lakes Industrial Park neighbors include Paul Bunyan Ice, Bus Facility, Lake Country Granite, Animal Hospital, Superior Mechanical, Northern Tool, North Country Machining, TruGreen, Cemstone, Lonesome Cottage, plus many others. Businesses in Pequot Lakes include Super Valu, Oasis Gas Station & Liquor, Dairy Queen, Timberjack, plus several specialty shops, restaurants and boutiques.
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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.