540 3rd Avenue Nw

Description of 540 3rd Avenue Nw, Hutchinson, MN 55350 - $450,000

This well constructed block, tilt up concrete, commercial/warehouse property is conveniently located along the E/W Hwy 7 corridor on the north side of Hutchinson. Property can be easily demised for multi-tenant application and would work well for general warehousing, light industrial, last mile delivery, storage and other commercial uses. Originally built in 1960 with significant additions in 1980 and 1990 inc 3 phase/220 power and 4 loading access doors (3 DI and 1 dock) on 2 acres of land, with 13 ft clear height, and offers a great deal of value and versatility well into the future. Industrial sites borders on the E/W sides, with office to the north and a wildlife refuge borders to the south. Plenty of onsite and street parking surrounding, with about a half acre of open land on the south side for potential expansion or additional parking. Current tenant lease expires 3/2022 with some flexibility to a buyer who may want up to 10,000 SF.