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2233 49th Ave N 62,047 SF 85% Leased Industrial Building Minneapolis, MN 55430 $4,300,000 ($69.30/SF)

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INVESTMENT HIGHLIGHTS

  • Single tenant or multi-tenant opportunity
  • 1,200 amp service with addional 2,000 amps available
  • LED lighting thorughout
  • Existing income in place
  • Fiber line in the building
  • Security cameras throughout

EXECUTIVE SUMMARY

Single tenant or multi-tenant opportunity! Property has existing income in place. Owner / User has the ability to take a large bay and have additional income and room for expansion.
Building Features:
-62,047 Total SF
-Office - 6,500 SF
-Warehouse - 55,547 SF
-14' - 40' Clear Height
-Solar Panels
Loading:
-8 - Dock doors
-3 - Drive in doors
-1 UPS door
- Exterior semi/trailer parking
Electrical:
-1,500 amp / 240 volt / 3 phase
-Additional 2,000 amp service is available
Out Building:
-600 SF (20'x30')
-1 - Drive in door
-Small office
-Separate furnace and AC unit

PROPERTY FACTS

Price $4,300,000
Price Per SF $69.30
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.97 AC
Rentable Building Area 62,047 SF
No. Stories 1
Year Built 1960
Parking Ratio 0.89/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 3
Zoning PR2 - Production and Processing District

AMENITIES

  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Lighting

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-118-21-31-0001
Land Assessment
$781,700
Improvements Assessment
$3,188,300
Total Assessment
$3,970,000
  • Listing ID: 33140054

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 2233 49th Ave N, Minneapolis, MN 55430

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