for sale - loopnet€¦ · stable, along with hola arepa and heyday, three of the 50 best places in...

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FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 SF South Minneapolis Office Building - Adjacent to Midtown Greenway MARK HULSEY | Managing Broker Mobile 651.755.2068 | Office 651.256.7404 [email protected] FACTS & FEATURES List Price: $350,000 Mixed Use: Office, Retail, & Residenal Possible Zoned R4-Residenal District. Building Size: 10,000 Square Feet. Lot Size: 0.19 Acres Located Adjacent to the Midtown Greenway 9,927 VPD on Park Ave Blocks from Midtown Exchange Building

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Page 1: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 SF South Minneapolis Office Building - Adjacent to Midtown Greenway

MARK HULSEY | Managing Broker Mobile 651.755.2068 | Office 651.256.7404 [email protected]

FACTS & FEATURES • List Price: $350,000

• Mixed Use: Office, Retail, & Residential Possible

• Zoned R4-Residential District.

• Building Size: 10,000 Square Feet. Lot Size: 0.19 Acres

• Located Adjacent to the Midtown Greenway

• 9,927 VPD on Park Ave

• Blocks from Midtown Exchange Building

Page 2: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 SF South Minneapolis Office Building - Adjacent to Midtown Greenway

PROPERTY INFORMATION

LIST PRICE: $350,000 PROPERTY TYPE: Office/Retail/Residential all Possible LOT ACRES: 0.19 Acres LOT SQUARE FOOTAGE: 8,276 SF BUILDING SIZE: 10,000 Square Feet BASEMENT: Unfinished Basement PID: 35-029-24-33-0234 YEAR BUILT: 1946 COUNTY: Hennepin 2017 TAXES: $9,909 TRAFFIC COUNT: 9,927 VPD on Park Ave ZONING: R4—Residential District EXTERIOR: Brick/Block, Sheet Metal Front ROOF: Flat. Age Unknown PARKING SPACES: On Street + Garage in back

PROPERTY INFORMATION: Unique South Minneapolis Building located directly adjacent to the Midtown Greenway. Fantastic opportunity for Investor or Owner/User. Large building with great potential. Nearly 10,000 cars pass daily on Park Ave. E Lake St is 1 block to the south and the Midtown Global Exchange Building is just blocks away.

See ResultsCommercial.com for V i r t u a l T o u r !

Page 3: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 SF South Minneapolis Office Building - Adjacent to Midtown Greenway

Page 4: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 SF South Minneapolis Office Building - Adjacent to Midtown Greenway

REALIST TAX: PARCEL OUTLINES

Page 6: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 SF South Minneapolis Office Building - Adjacent to Midtown Greenway

ZONING: Minneapolis R4—Residential District

R4—Residential District The R1—R4 one-family residential districts provide for an

environment of predominantly low-density, one-family

dwellings along with civic and institutional uses, public

services and utilities that serve the residents in the districts.

Because of their residential nature, these districts are not

intended for more intensive uses such as small conference

centers, private retreat centers and reception houses.

Link to City of St. Paul Zoning with Permitted & Conditional Uses: https://library.municode.com/mn/st._paul/codes/code_of_ordinances?

no-

deId=PTIILECO_TITVIIIZOCO_CH66ZOCOONDIUSDEDIST_ARTIII66.300.TRNEDI_D

IV166.310.IN_S66.313INT2TRNEDI

Page 7: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 SF South Minneapolis Office Building - Adjacent to Midtown Greenway

TRAFFIC: 9,927 VPD on Park Ave

Per: Esri Business Analyst

Page 8: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 SF South Minneapolis Office Building - Adjacent to Midtown Greenway

Page 9: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 SF South Minneapolis Office Building - Adjacent to Midtown Greenway

Demographic & Income Profile

Per: Esri Business Analyst

Page 10: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

City of Minneapolis Minneapolis lies on both banks of the Mississippi River, just

north of the river's confluence with the Minnesota River, and

adjoins Saint Paul, the state's capital. The city is abundantly

rich in water, with twenty lakes and wetlands, the Mississippi

River, creeks and waterfalls, many connected by parkways in

the Chain of Lakes and the Grand Rounds National Scenic

Byway. The Minneapolis park system has been called the best

-designed, best-financed, and best-maintained in America.

Minneapolis was once the world's flour milling capital and a

hub for timber, and today is the primary business center

between Chicago and Seattle, with Minneapolis proper

containing America's fifth-highest concentration of Fortune

500 companies. The Minneapolis–St. Paul area is the second

largest economic center in the Midwest, behind Chicago. As

an integral link to the global economy, Minneapolis is

categorized as a global city. The economy of Minneapolis

today is based in commerce, finance, rail and trucking services,

health care, and industry.

Minneapolis is the third-most literate city in the U.S. A center

for printing and publishing, Minneapolis was the city in which

Open Book, the largest literary and book arts center in the U.S.,

was founded. The Center consists of the Loft Literary Center,

the Minnesota Center for Book Arts and Milkweed Editions.

Minneapolis is home to award-winning restaurants and chefs.

As of 2016, four Minneapolis-based chefs have won James

Beard Foundation Awards: Alexander Roberts, Restaurant

Alma; Isaac Becker, 112 Eatery; Paul Bergland, Bachelor

Farmer; and Tim McKee, La Belle Vie. In 2012 Food &

Wine magazine named Minneapolis the nation's best and best-

priced new food city. In 2015, profiling chef Gavin Kaysen and

Spoon and Stable, Saveur named Minneapolis "the next great

American food city." In 2015, Bon Appétit named Spoon and

Stable, along with Hola Arepa and Heyday, three of the 50 best

places in the U.S. for a meal.

Page 11: FOR SALE - LoopNet€¦ · Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.. OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068

. OFFERED EXCLUSIVELY BY

MARK HULSEY

Managing Broker

651.755.2068 mobile

651.256.7404 office

[email protected]

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX Results - Commercial Group