For Sale $499,000.00
Position your portfolio for success with this fully occupied industrial office building located in the highly desirable Baxter Industrial Park. This well-maintained property features three established tenants, providing immediate and stable cash flow from day one. Strategically situated in one of Baxter’s primary business hubs, the property offers excellent accessibility, strong surrounding tenancy, and continued demand for industrial and office space in the region. The building is thoughtfully designed to accommodate a mix of office and industrial users, maximizing functionality and tenant retention. Whether you are a seasoned investor or expanding your commercial holdings, this turn-key asset presents a rare opportunity to acquire a stabilized property in a proven industrial location.
- Purchase Price: $499,000.00
- Directions: From Hwy 210/371 intersection in Baxter - South on Hwy 371 - East on College Road - Property is the SW corner of College Road and Dogwood Drive
- Building Size Total (Sq. Ft): 4,576
- Building Size Main (Sq. Ft): 4,576
- Lot Size (Sq. Ft): 36,740
- Lot Size (Acres): 0.83
- Lot Dimensions: 226’ x 163.09’ x 224.7’ x 163.2’
- Road Frontage: 226’ on College Road and 163’ on Dogwood Drive
- Property Tax Year: 2026
- Annual Property Tax: $9,386.00
- Cap Rate: 6.15%
- Property Features / Assets: Building Size: 4,576 SF Total; East Half: 2,240 SF (Results Contracting); NW Quadrant: 912 SF (Keeley Construction); SW Quadrant: 1,328 SF (5 Star Auto Glass); Shared Entry: 96 SF (East Half & NW Quadrant)
- Water: City
- Sewer: City
- Heating: Natural Gas Forced Air
- Cooling: Office Area: Central Air - Electric Ground Units; Warehouse: Mini-Split
- Electric – Amps: 200
- Electric – Phase: Single
- Lighting: Fluorescent & Recessed
- Year Built: 1997
- Construction: Wood Frame
- Foundation: Concrete
- Roof: Steel
- Exterior: Steel
- Ceiling Height - Office: 8'
- Ceiling Height - Warehouse: 12'
- Overhead Doors: East Half: 1 (10’ H x 12’ W); SQ Quadrant: 1 (10’ H x 12’ W)
- Bathrooms: East Half: 1; NW Quadrant: 1; SW Quadrant: 1
- Security: Yes
- Parking Spaces: 13 Shared Paved Parking Spaces
- Adjacent Tenants: Results Contracting, Keeley Construction and 5 Star Auto Glass
- Neighboring Businesses: Located in the Baxter Industrial Park, nearby businesses include Fastenal, Hubbard Radio, USPS, Holden Electric, NRS, MPCA, SCR Refrigeration, North Ambulance, Service Master, Allegiant, Just for Kix, El Tequila, Hobby Lobby, Home Goods, Ulta, PetSmart, TJ Maxx, Dick’s Sporting Goods, Costco, Centra Care, Home Depot, Walmart, plus numerous others.
- Traffic Counts: 7,864 (2024) on College Road, 11,159 (2023) on Glory Road, 21,170 (2024) on Hwy 371 and 27,053 (2024) -on Hwy 210
- MLS #: 7034199
- CC File #: 1593
- Zoning: I - Industrial Office
- PID#: 40080634
- Legal Description: Lot 8 Block 3 Baxter Industrial Park















