Nicollet Avenue Office Building
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Property Type:
|
Office
for Sale
Office Building
|
| Building Size (RSF): |
24,057 SF
|
| Sale Price: |
See Agent |
| Property Status: |
Existing |
| Class of Space: |
Class A |
| Gross Building Area (GBA): |
24,057 SF |
| Total Land Size: |
0.28 Acres |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
9/2/2010 |
Re/Max Results Commercial is pleased to offer this unique bank- owned office building in the heart of Minneapolis. This premium and highly visible space is located just outside of downtown Minneapolis, with the ease of accessibility of the downtown area, and none of the parking problems. This 1962, solidly constructed concrete building, has 15 underground parking spaces, as well as approximately 10 parking spaces in the rear of the building.
This building offers ample space for many uses, and is zoned OR2/High Density Office Residential District, and PO/Pedestrian Oriented Overlay District. The OR2 zoning provides the opportunity for a mixed use environment of moderate to high density dwellings and large office uses, with additional small scale retail sales and services, while the PO overlay guarantees a pedestrian friendly environment. Its most recent use was as a school/office building. The total square footage is 24,057, with each of the three stories being 8,019 S/F. The basement floor is the parking garage as well as containing a kitchen/cafeteria area. The ground and second floors are finished office and flex space.
The building is currently vacant and is offered “as is”. For additional information and to schedule a personal showing, please contact Mark Hulsey at 651-755-2068 or mark@resultscommercial.com. To view other commercial properties available, please visit -www.resultscommercial.com.
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| Nearest MSA: |
Minneapolis-St. Paul-Bloomington |
| County: |
Hennepin |
| Property Use Type: |
Vacant/Owner-User |
| Zoning: |
OR2 |
| Property Located Between: |
1st Avenue South and Blaisdell Avenue South |
| Road Type: |
2-Track |
| Property Visibility: |
Excellent |
| Transportation: |
Bus, Highway, Airport |
| Highway(s) Access: |
Easily accessible via Interstate 94 or 35W |
| Airports: |
MSP |
| Area Description: |
Busy urban area just outside of downtown MPLS. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Typical SF / Floor: |
8,019 |
| Year Built: |
1962 |
| Roof Type: |
Flat |
| Construction/Siding: |
Concrete |
| Exterior Description: |
Attrative glass and concrete |
| Parking Type: |
Surface, Underground |
| Parking Description: |
Underground garage and parking on surface in back of building |
| Total Parking Spaces: |
25 |
| Heat Type: |
Gas |
| Heat Source: |
Central |
| Zoning Description: |
OR2 PO Business with pedestrian overlay |
| Real Estate Taxes - Annual($): |
$43,015.72 |
| Tax Value Year: |
2009 |
2000 CensusDemographic Statistics |
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
51,030 |
218,911 |
450,659 |
| Median Age: |
29 |
29 |
32 |
| Households: |
26,698 |
95,404 |
192,426 |
| Avg. Household Income: |
$39,055 |
$49,058 |
$56,058 |
| More Demographic Statistics |
For More Information, Contact… |
Mark Hulsey
RE/MAX RESULTS
|
| Note: The information presented herein is provided as is, without warranty of any kind. Neither Commercial IQ nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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