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Architectural Antiques Building 1330 Quincy St NE 40,976 SF 100% Leased Flex Building Minneapolis, MN 55413 $5,500,000 ($134.22/SF)

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INVESTMENT HIGHLIGHTS

  • Brick and timber building located in the middle of the NE Mpls Arts District
  • Elevator shaft in place, 2 stairwells, a great building for lofts
  • High ceilings, windows on every floor, all four sides of the building

EXECUTIVE SUMMARY

A great redevelopment opportunity for live work lofts on the upper floors and taproom or restaurant on the first floor. Arch Antiques will vacate with sale or lease back if desired, loft tenants on mos to mos leases.

ATTACHMENTS

Quincy

FINANCIAL SUMMARY (ACTUAL - 2021)

ANNUAL ANNUAL PER SF
Gross Rental Income $284,417 $6.94
Other Income - -
Vacancy Loss - -
Effective Gross Income $284,417 $6.94
Taxes $75,833 $1.85
Operating Expenses - -
Total Expenses $75,833 $1.85
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2021)

Gross Rental Income
Annual $284,417
Annual Per SF $6.94
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $284,417
Annual Per SF $6.94
Taxes
Annual $75,833
Annual Per SF $1.85
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $75,833
Annual Per SF $1.85
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $5,500,000
Price Per SF $134.22
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Flex
Property Subtype
Showroom
  • General Retail Restaurant
  • Industrial Warehouse
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.55 AC
Rentable Building Area 40,976 SF
No. Stories 4
Year Built/Renovated 1921/2001
Parking Ratio 0.59/1,000 SF
No. Dock-High Doors/Loading 1
Cross Streets NE 14th Ave
Zoning I-2 - Light Industrial District

AMENITIES

  • Signage
  • Yard

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 6,815 SF
  • -
  • Modified Gross
  • -

Seems like good old Louis took those words right out of my mouth. You see, for over thirty years Architectural Antiques has taken a lot of satisfaction in knowing that each antique architectural element that passes though our store is just on it’s way to a better place, an environment where it will be just as appreciated as the home or building it recently left. And for those who believe that a single antique architectural element has the ability to transform a room or building into something of beauty and harmony, Architectural Antiques is a place for you . . . a place where that transformation is brought to an art. Now, I admit that it’s not a painting to be hung on a wall, but art it is. You’re surrounded by it every day in your home, your office or in whatever environment you spend time. It helps celebrate life and work, creates memories and romance, and edifies and inspires those around it! All it takes is a single piece of the past to magically convert sterile environments. This

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 6,815 SF - Modified Gross -
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-029-24-14-0084
Land Assessment
$167,600 (2024)
Improvements Assessment
$2,582,400 (2024)
Total Assessment
$2,750,000 (2024)
Annual Taxes
$75,833 ($1.85/SF)
Tax Year
2021
  • Listing ID: 26384026

  • Date on Market: 8/11/2022

  • Last Updated:

  • Address: 1330 Quincy St NE, Minneapolis, MN 55413

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