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$1,000,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 4,990 Sq. Ft.
  • 1.2 Acres
  • Updated 3 days ago
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Rare find! Industrial building in Prior Lake with outside storage on 1.21-acre lot. The building is 4990 sq. ft and is separated into 4 spaces. Each space has their own restroom. There are 2 additional open sheds, fenced and gated parking, 11-14 storage containers. Zoned I-1.

Full Property Details for 16740 Welcome Ave SE

General

  • Price: $1,000,000
  • Taxes: $6,602 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7003196
  • Updated: 1/14/2026
  • Added to Site: 6 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 5
  • Parking Features: Heated Garage, Multiple Garages

Location

  • County: Scott
  • Township: Prior Lake
  • Driving Directions: Eagle Creek/185th to Welcome Ave.

School Information

  • School District: 2232 - Prior Lake-Savage Area Schools
  • High School District: Prior Lake-Savage Area Schools

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected), Well
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Basement: Yes
  • Foundation Size: 4990
  • Disability Access: Other
  • Square Feet: 4,990
  • Finished Down/Base.: 4,990 Sq. Ft.
  • Current Bldg. Use: Industrial, Storage Facility
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 1.2
  • Frontage: City Street, Paved Streets
  • Potential Use: Shop, Warehouse, Industrial
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $6,602
  • Tax Year: 2025
  • Terms: Conventional, Cash, Other, Special Funding

Disclosures and Reports

  • Legal Description: SECTION 01 TOWNSHIP 114 RANGE 022 P/O E3/4 SE1/4 COM SE COR N ALONG E LN 1251.72', S 88-39-00 W 1875.73', S 86-11- 30 W 84.66' TO E LN OF W 30' OF E3/4 SE1/4, N 86-11-00 E 514.66', S 704.31' TO CL CO RD 12, S 63-37-56 E ALONG CL 73.66', N 412', E 670 .15', N 325', W 36.15' TO POB, W 263.85', N 200', E 263.85', S 200' TO POB.
  • Inclusions: Building, Leases
  • Property ID: 259010082

Listed by Edina Realty, Inc.

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Listing agents

— 16740 Welcome Ave SE —

  • Edina Realty, Inc.

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 16740 Welcome Ave SE

School District:Prior Lake-Savage Area Schools
NameGradesDistance
Hamilton Ridge Elementary School
8100 157th Street, Savage, MN 55378
K-51.6 mi
Hidden Oaks Middle School
15855 Fish Point Road, Prior Lake, MN 55372
6-80.9 mi
Prior Lake High School
7575 150th Street West, Savage, MN 55378
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16740 Welcome Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Listed
$1,000,000
768.81%
MLS
3/29/2005
Sold
$115,100
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16740 Welcome Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,602
19%
$314,100
3%
2024
$5,560
29%
$304,900
15%
2023
$4,324
-3%
$265,200
23%
2022
$4,454
13%
$215,600
10%
2021
$3,950
25%
$196,011
31%
2020
$3,166
—
$149,800
-16%
2020
$3,166
8%
$178,508
30%
2019
$2,936
1%
$137,200
5%
2018
$2,896
-20%
$131,000
—
2017
$3,606
-2%
$131,000
—
2016
$3,678
-3%
$131,000
—
2015
$3,806
-61%
$131,000
5%
2014
$9,860
162%
$125,000
—
2013
$3,762
—
$125,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Edina Realty, Inc.

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16740 Welcome Avenue SE, Prior Lake, MN 55372 (MLS# 7003196) is a Commercial property. 16740 Welcome Avenue SE is currently listed for $1,000,000 and was received on January 12, 2026. Want to learn more about 16740 Welcome Avenue SE? Do you have questions about finding other Commercial real estate for sale in Prior Lake? You can browse all Prior Lake real estate or contact a Coldwell Banker agent to request more information.

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