1005 High Ave, Willmar, MN

Name: 1005 High Ave, For Sale in Willmar - eXp Realty
Brand: RE/MAX Preferred Realty
SKU: 7058777
Price: 1440000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,440,000

000

MLS® 7058777

Key Facts
Description
Map

Key Facts

Type Business

Levels Commercial Sale

Size -

Garage

Taxes $18,298

Days Active 0

Lot Size

Approx. Age 1997

MLS® Number 7058777

Property Address: 1005 High Ave, Willmar, MN, 56201-2670

Average square foot calculated using Size range provided by listing agent.

Description

Government-Leased Office Building – USDA Tenant (Lease Through April 30, 2030) This high-quality, single-story office building was purpose-built (1997) to meet the specific needs of a government tenant and is currently leased to the USDA through April 30, 2030, offering stable, long-term income. The property features a highly functional and efficient layout, including: • 18 private offices • Large open staff work area • Conference room • Dedicated data processing/IT room • Reception area with vestibule entry • Employee breakroom • Restrooms • Storage and mudroom space The building is complemented by a large, oversized parking lot, providing ample parking (60+) for both staff and visitors. Investment Highlights & Income Potential The property is priced based on current income and expenses for the year ending 2025, providing a solid and transparent financial baseline for investors. Additionally, there is 431 sq. ft. of finished office space recently vacated by another government agency, which constructed a new facility to accommodate its expanded space requirements. This space presents a strong value-add opportunity, as it could be leased by the current USDA tenant (subject to government approval) for an additional $12, 175 in annual rent. If leased, the total annual rental income would increase to $199, 812.25, based on 7, 073 rentable square feet. Importantly, this space is fully finished and requires no further improvements, allowing for immediate occupancy and increased income potential. Explore the original design of fractional or group ownership with this already-surveyed property, thoughtfully divided into 8 separate parcels. Whether you’re considering a shared investment with partners or individual ownership across multiple investors, this setup offers flexibility and strong potential.

MLS® Number7058777

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1997

Basement

DrivewayParking Lot, Paved Lot

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 21, 2026List Date

$1,440,000List Price

Commute

Commute

Starting Address

Destination Address

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