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1545 7th Ave
Newport, MN 55055

$2,950,000 USD

Showroom For Sale • 25,571 SF

Property Details

Property Type Showroom
Total Building Size 41,792 SF
Lot Size 5.61 AC
Building Class B
Year Built 1978
Cap Rate 7.00 %
Tenancy Multiple
Zoning MX-4

0 Transit Score

17 Walk Score

                
                    Highlights
                
                                Large Yard or Parking Lot Space
                            
                                ~6 Acre Site
                            
                                In place Rental Income

Property Flyers

1545 7th Ave Newport, MN 55055 vf-5

Financial Summary (Actual)

Net Operating Income: $157,938 USD (2024)

Cap Rate:	7.00 %
Total Expenses:	$158,550 USD

Amenities

Fenced Lot
Floor Drains
Signage

Public Transportation

Airport	Drive	Walk	Distance
Minneapolis–Saint Paul International	17 min	-	13.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Nick Carmichael 651-262-7809 Capital Commercial Partners

1545 7th Ave Newport, MN 55055