For Sale: Willmar MLS# 7058777
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Property 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 suite—recently vacated by another government agency due to expansion—is 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,249,000
Property Type:
Commercial
City:
Willmar
Garage Spaces:
0
County:
Kandiyohi
Year Built:
1997
State:
MN
Property Style:
1 Story
Zip Code:
56201
Interior
Ceiling Height:
11-15
Flooring:
Carpet, Vinyl
Refrigerators:
One
Appliances Included:
- Gas Water Heater
- Microwave
- Refrigerator
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
8,200 ft2
Foundation Dimensions:
85x112
Fencing:
Privacy, Vinyl
Handicap Accessible:
No Stairs External
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Parking Lot
- Paved Lot
Road Frontage:
City Street
Roof Details:
Age Over 8 Years
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0
Geolocation:
45.1273222368, -95.0316440936
Inclusions:
Building, Land, Leases
Lot Dimensions:
201 x 295
Addl Parcels:
958380020, 958380030, 958380040, 958380050, 958380060, 958380070, 958380080
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
347
District Phone:
3202318500
Expenses
Annual Caretaker Expense:
$7,150
Annual Electric Expense:
$6,747
Annual Fuel Expense:
$10,496
Annual Insurance Expense:
$2,279
Annual Trash Expense:
$1,620
Tenant Expenses:
Broadband, Telephone
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$18,298
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$18,298
Income
Annual Gross Income:
$187,637
Units
Total Units:
8
Miscellaneous
Current Use:
Professional/Office
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Preferred Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.