7401 126 Street W, Savage, MN 55378 (MLS# 6263577)

General Property Information

Living Area Units: Square Feet
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 30
Owner Occupied: No
Year Built: 2007
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 9468
Garage Stalls: 8
For Sale or Lease: For Sale
Acres: 2.76
Lot Dimensions: 470x255

Property Features

Accessible: Doors 36"+; Grab Bars In Bathroom; No Stairs External; No Stairs Internal Air Conditioning: Central Air CMU Style: Industrial Construction Status: Previously Owned Current Use: Commercial; Manufacturing Exterior: Steel Siding; Other Financing Terms: Conventional Fuel: Natural Gas Heating: Forced Air Lease Details: Single Net Loan Terms: Cash; Conventional On Site Utilities: Electric Separate; Heating Separate Owner Pays: Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Snow Removal; Taxes Parking Characteristics: Multiple Garages; Assigned; Floor Drain; Gravel Lot; Paved Lot; RV Access/Parking; Other Sewer: City Sewer/Connected Tenant Pays: Electricity; Fuel; Maintenance/Repair; Trash Collection; Water Water: City Water/Connected

Contract Information

Off Market Date: 2022-10-12
Closed Date: 2022-11-04
Sales Close Price: 1925000
Contingency: None
ListPrice: 2200000
Owner is an Agent?: No

Location Tax and Other Information

House Number: 7401
Street Name: 126
Street Suffix: Street
Street Direction Suffix: W
Postal City: Savage
County: Scott
State: MN
Zip Code: 55378

Additional Parcels Information

Property ID #2: 269170102

Building Information

Building Finished SqFt: 9549
Building SqFt: 9468

More Information

Income and Expenses

Annual Gross Income: 144450
Annual Net Income: 37440

Lease Details

Land Leased: Not Applicable
Lease Amount Type: Monthly
Lease Expiration Date: 2023-06-30
Monthly Land Lease Amt: 0
Single Net: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 21
Section#: 17
Township#: 115

Sale Options

Sale Includes: Building, Land, Leases

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

Legal Description: SECTION 17 TOWNSHIP 115 RANGE 021 P/O NE1/4 NW1/4 COM NW COR, E 255.63' TO POB, S 345', W 145' N 90', E 115', N 255', E 30' TO POB EX N 40' RD
Listing City: Savage
Map Page: 147
Rental License?: No
School District: Burnsville-Eagan-Savage
Map Coordinate Source: RETS
Zip Plus 4: 1167
Property ID Number: 269170101
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Versatile use commercial property with office space on 2.76 acres. 9549 SF shop/office building built in 2007, that includes two shop spaces 2,580 SF and 4,424 SF, and two offices 693 SF and 826 SF. Common space includes two bathrooms. Additional buildings include 120x60 metal pole building and 24x36 storage building. Outside storage/parking space could accommodate 30+ truck and trailer spaces. Current leases includes both shop spaces and outbuildings. Office space #2 currently vacant.
Directions: Highway 13, east on 126th St W to property.

Accessible

Doors 36"+: Yes
Grab Bars In Bathroom: Yes
No Stairs External: Yes
No Stairs Internal: Yes

Air Conditioning

Central Air: Yes

Construction Status

Previously Owned: Yes

Exterior

Steel Siding: Yes
Other: Yes

Financing Terms

Conventional: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Owner Pays

Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Snow Removal: Yes
Taxes: Yes

Parking Characteristics

Multiple Garages: Yes
Assigned: Yes
Floor Drain: Yes
Gravel Lot: Yes
Paved Lot: Yes
RV Access/Parking: Yes
Other: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes
Fuel: Yes
Maintenance/Repair: Yes
Trash Collection: Yes
Water: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes

CMU Style

Industrial: Yes

Current Use

Commercial: Yes
Manufacturing: Yes

Loan Terms

Cash: Yes
Conventional: Yes