1005 High Avenue NE,Willmar, MN 56201
Willmar, MN 56201
Description
Exceptional Government-Leased Investment Opportunity! This purpose-built, single-story 8,200± sq. ft. office building is leased to the USDA through April 30, 2030, providing stable, long-term income backed by a government tenant. Constructed in 1997, the property features an efficient floor plan with 18 private offices, a large open staff workspace, conference room, dedicated IT/data room, reception area with vestibule entry, employee breakroom, restrooms, storage, and mudroom. An oversized, (going to be resurfaced) parking lot offers 60+ parking spaces for employees and visitors.Priced based on current 2025 income and expenses, this property offers a solid investment foundation with additional upside. An adjacent 431 sq. ft. finished office suiterecently vacated by another government agency due to expansionis move-in ready and presents an excellent value-add opportunity. Subject to government approval, the USDA could lease this space for an additional $12,175 annually, increasing total annual rental income to $199,812.25 based on 7,073 rentable square feet.Originally designed with flexibility in mind, the property has already been surveyed into eight separate parcels, creating unique opportunities for fractional ownership, multiple investors, or future ownership strategies. This is a rare opportunity to acquire a well-maintained government-leased asset with dependable cash flow, future income potential, and exceptional ownership flexibility.
Details
| MLS # | 7058777 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 123 |
| Listing Provided By | RE/MAX Preferred Realty | Randall P Ryan |
Features
| SQ Feet | 8,200 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Units | 8 |
| Zoning | Business/Commercial |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Appliances | Gas Water Heater, Microwave, Refrigerator |
Exterior
| Roof | Age Over 8 Years |
|---|
Parking
| Parking Features | Parking Lot, Paved Lot |
|---|
Utilities
| Utilities | Electric Common, Heating Common, Hot Water Common |
|---|
Taxes
| Property | 18298 |
|---|
Area Information
| State | MN |
|---|---|
| County | Kandiyohi |
| City | Willmar |
| Zip Code | 56201 |
| School District | 347 |
| High School | Willmar |
| Listing VS Median (in 56201) | |
Price: $1,249,000 low | high Med: $260,000 sqft: 8,200 low | high Med: 1,699 $ / sqft: $152 low | high Med: $168 On site: 123 low | high Med: 46 | |
Market Activity 56201
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Kandiyohi |
| City | Willmar |
| Zip Code | 56201 |
| School District | 347 |
| High School | Willmar |
| Listing VS Median (in 56201) | |
Price: $1,249,000 low | high Med: $260,000 sqft: 8,200 low | high Med: 1,699 $ / sqft: $152 low | high Med: $168 On site: 123 low | high Med: 46 | |