2625 Park Ave | Minneapolis, MN 55407
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- LoopNet Team
2625 Park Ave
Minneapolis, MN 55407
Absolute Auction | Value-Add | Huge Upside · Health Care Property For Sale
·
1 Bed
INVESTMENT HIGHLIGHTS
- 2625 Park Avenue offers a unique investment opportunity to acquire a former assisted living facility, delivered entirely vacant.
- Flexible mixed-use zoning opens the door for many possibilities moving forward for developers and investors.
- Starting bid $1 | Absolute auction.
- Prime location near Downtown Minneapolis with excellent access to Interstate 35W and Highway 55, offering strong connectivity and visibility.
- Strong area demographics, including a high percentage of renter-occupied households, support demand for additional multifamily development.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Size | 34,104 SF |
| Type of Ownership | Fee Simple | No. Beds | 1 |
| Property Type | Health Care | No. Stories | 6 |
| Property Subtype | Assisted Living | Year Built | 1961 |
| Building Class | C | Parcel Number | 35-029-24-32-0203 |
| Lot Size | 0.85 AC | ||
| Zoning | OR2 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 0.85 AC |
| Building Size | 34,104 SF |
| No. Beds | 1 |
| No. Stories | 6 |
| Year Built | 1961 |
| Zoning | OR2 |
| Parcel Number | 35-029-24-32-0203 |
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