480 Park Avenue

Eden Valley, MN 55329

About this property

Investment/Owner User property For Sale, located at 480 Park Avenue in Eden Valley. The subject property consists of a 128,000 +/- square foot industrial complex - currently 100% leased by Crown Crafts, Inc. Property is conveniently located just one block off Highway 55 and in close proximity to Highway 15. Offering consists of eight buildings totaling over 128,000 SF on approx. 5.15 +/- acres. The tenant, Crown Crafts, Inc, is one of the world’s largest infant product manufacturers. Tenant has occupied the property for over 20 years. These well-maintained buildings were mostly built in the 1990’s and 2000’s. All buildings are fully sprinkled and feature 11 loading docks (2 with levelers), 4 drive in doors, Three phase power, several front offices, breakroom/conference room, and more. Excellent opportunity for an owner user to secure their location and capitalize on the rental income until the tenant lease expires, or for an investor to acquire the property at a high cap rate and low basis.

About this property

Investment/Owner User property For Sale, located at 480 Park Avenue in Eden Valley. The subject property consists of a 128,000 +/- square foot industrial complex - currently 100% leased by Crown Crafts, Inc. Property is conveniently located just one block off Highway 55 and in close proximity to Highway 15. Offering consists of eight buildings totaling over 128,000 SF on approx. 5.15 +/- acres. The tenant, Crown Crafts, Inc, is one of the world’s largest infant product manufacturers. Tenant has occupied the property for over 20 years. These well-maintained buildings were mostly built in the 1990’s and 2000’s. All buildings are fully sprinkled and feature 11 loading docks (2 with levelers), 4 drive in doors, Three phase power, several front offices, breakroom/conference room, and more. Excellent opportunity for an owner user to secure their location and capitalize on the rental income until the tenant lease expires, or for an investor to acquire the property at a high cap rate and low basis.

Features and Additional Information

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$3,500,000 Active
128,000 SqFt

Presented By Coldwell Banker Crown Park Rapids

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Get in touch today! Phone: 1-218-732-3381
Brokerage
Orion Real Estate Advisors, Inc
1-320-251-1177
Listed By Scott M Schmitt
Brokerage: Orion Real Estate Advisors, Inc

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