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- LoopNet Team
2438 S 27th Ave
Minneapolis, MN 55406
Office Property For Sale

Property Facts
Amenities
- Bus Line
- Signage
About 2438 S 27TH AVE , MINNEAPOLIS, MN 55406
The CaptionMax building (the “Property”), is a creative office building located in the urban in-fill Minneapolis Seward neighborhood. This two-tenant building is 100% occupied by CaptionMax, a leading expert in captioning and subtitling, and Avivo, a non-profit, formerly RESOURCE. The Property was purchased by the current owner and founder of CaptionMax in 2007 and was transformed into a LEED certified creative office building. Avivo has been a tenant since 2009 and recently executed a seven-year extension with a new lease expiration date of December 31, 2023. The building consists of two stories and a partial basement. All three floors of the building are serviced by an elevator. The Property also includes a garage structure which houses the building’s back-up power generator. CaptionMax relies heavily on the abundant power the building has to offer, including the back-up generator as well as two separate fiber optic lines and two large satellite dishes located on the roof of the main building. This 24/7/365 power and technology is critical to day-to-day operations of CaptionMax. Located on the corner of 27th Avenue and East 25th Street in the Seward neighborhood, the Property offers quick access to I-94, Hiawatha Avenue (MN Hwy. 55), the Blue Line Light Rail, and the Midtown Greenway. The Property’s 51 parking stalls provides convenient off-street parking not found in the area. The Property is located directly across from Matthews Park and very close to the many restaurants on Franklin and Riverside Avenues.
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Property Taxes
| Parcel Number | 36-029-24-13-0013 | Improvements Assessment | $3,314,600 |
| Land Assessment | $615,400 | Total Assessment | $3,930,000 |
Property Taxes
Listing ID: 9994738
Date on Market: 11/16/2017
Last Updated:
Address: 2438 S 27th Ave, Minneapolis, MN 55406
The Seward Office Property at 2438 S 27th Ave, Minneapolis, MN 55406 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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