435 Ford Rd | Saint Louis Park, MN 55426
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- LoopNet Team
435 Ford Rd
Saint Louis Park, MN 55426
REO Sale | Investment or Redevelopment Opp · Office Property For Sale
Investment Highlights
- 435 Metropoint has investment optionality for prospective buyers with multiple potential strategies in the highly desirable & vibrant St. Louis Park.
- Offering superior accessibility in a highly visible suburban location with abundant neighboring amenities nearby.
- Located in the well-performing St. Louis Park office micro-market and a part of the strong, well-diversified Minneapolis economy.
- Retain Herzing & operate as office, convert to housing using creative financing, knock down to build apartments, while leveraging 700+ stall garage.
- Exceptional opportunity for urban infill redevelopment, providing an acquisition at a price substantially below replacement cost.
- City staff have indicated an openness and potentially robust support for 435 Ford Road, to be zoned for transit-oriented development (MU-3).
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
203,656 SF
Building Class
B
Year Built/Renovated
1982/2008
Percent Leased
18%
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
20,366 SF
Slab To Slab
11’
Building FAR
0.96
Lot Size
4.85 AC
Parcel Number
01-117-22-11-0011
Zoning
O
Parking
697 Spaces (3.42 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Conferencing Facility
- Convenience Store
- Fitness Center
- Property Manager on Site
- Security System
- Signage
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