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391 Old Hwy 12 W Ortonville, MN $ 3,200,000
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$ 3,200,000 Get more info
391 Old Hwy 12 W
$ 3,200,000
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391 Old Hwy 12 W

Ortonville, MN, 56278
$ 3,200,000
Bedrooms-- Baths-- Sq 94,000

Monthly Estimate*

$ 22,102

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Commercial Property for sale in Ortonville, MN

for $3,200,000. This 94,000 square foot building was built in 1960 on a lot size of 5.

This is a 100% leased, single tenant NNN industrial investment in Ortonville, Minnesota. The 94,632 SF warehouse is leased to a Top Fortune 500 company in agribusiness. The building is being converted from refrigerated to ambient storage. The property offers day one cash flow from a newly executed lease. It is priced at an 11.24% in place cap rate, and built in annual rent escalations grow income over the term. At $33.82/SF, the price is a low basis for a functional industrial building. The building sits on approximately 5 acres zoned industrial. It has four loading docks, 16'–20' ceiling heights and full sprinkler coverage, with room to expand. The site is in the City of Ortonville's Opportunity Zone, in an established agricultural market with regional access to Minnesota, South Dakota and North Dakota.

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Commercial Active

Price

$ 3,200,000

Property Type

Commercial

Taxes

$ 6,843

Style

Lot Size

5

Year Built

1960

Town/City

Ortonville

County/Region

Big Stone

MLS | Web ID

6825889
Features
General
Sewer Septic System Compliant - Yes
Heating Other
Cooling Zoned
Utilities Electric Common Heating Separate
Roof Metal
Garage Spaces 4
Construction Materials Steel Siding
Year Built 1960
Levels One
Tax Year 2025
Current Use Warehouse
Accessibility None
County Big Stone
New Construction N
Property Type Commercial Sale
Contingency None
Possible Use Warehouse
Directions east side of Ortonville at the intersection of highway 75 and Highway 12
City Ortonville
High School District Ortonville Area
Zoning Description Industrial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6843
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Ceiling Height 16-20
Foundation Dimensions irregular
Fuel Electric Other
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building Fixture/Equipment
Lot Size Area 5
Building Area Total 94000
Lot Dimensions Irregular
Waterfront Y/N N
Foundation Area 94000
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Internal Only
Street Number 1 391
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* Excluded Features
List By
Re/Max Now (Valley City)

Broker

james@nowrealtynd.com

Email

Affordability Calculator

$22,672
Per Month
97%
3%
0%
Monthly Principal & Interest
$22,102
Monthly Property Taxes
$570
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3065309 Elementary School
3065287 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/14/2026$2,900,000 -15.94% Price Down
2/10/2026$3,450,000 -23.33% Price Down
12/10/2025$4,500,000 Listed Price

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391 Old Hwy 12 W, Ortonville, MN, 56278 is a Commercial Property for sale at $3,200,000 with 94,000 sqft and a lot size of 5. 391 Old Hwy 12 W was built in 1960. The property's zip code is 56278 which is in Ortonville, MN

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