For Sale: Newport MLS# 6444861
Active
$16
Commercial: Apartments/Retail
Built 2019
7.88 acres
South Washington County schools
MLS# 6444861
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Property Description
Attention all entrepreneurs! Don't miss this incredible opportunity to lease retail space within a 200-unit
multifamily residential complex! With a total rentable space of 4, 407 square feet, you have the option to lease
each unit individually or combine them to create a larger space that suits your business needs.
Unit 1 is a prime retail space with a newer build-out already in place, offering 903 square feet of retail space
and a 58 square feet storage room. Units 2, 3 and 4 are available with a combined space of 3, 446 square feet and
can be customized to your specific requirements.
These amazing spaces are strategically located near Interstate 494 and Highway 10. The landlord will be
responsible for CAM, while the tenant will be responsible for utilities and taxes. With immediate
availability, don't wait any longer to secure your spot!
Act now and take advantage of this incredible opportunity to establish your business in a thriving location!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$16
Property Type:
Commercial
City:
Newport
Garage Spaces:
0
County:
Washington
Year Built:
2019
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55055
Subdivision Name:
Newport Commons
Exterior
Garage Spaces:
0
Other Parking Spaces:
0
Foundation Size:
2,849 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
Forced Air
Parking Features:
- Open
- Paved
Exterior Material:
- Brick/Stone
- Fiber Cement
Lot & Land
Acres:
7.88
Geolocation:
44.882649, -93.000694
Inclusions:
Other
Lot Dimensions:
Irregular
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
833
District Phone:
651-425-6300
Expenses
Tenant Expenses:
All Utilities, Taxes
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$313,646
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$313,646
Units
Total Units:
4
Unit Number:
0001, 0002, 0003, 0004
Miscellaneous
Current Use:
Retail
Fuel System:
Electric
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
Mortgage Calculator
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Listing provided by RMLS,
courtesy of Keller Williams Select Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.