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6440 Nicollet Ave 7,500 SF Office Building Richfield, MN 55423 $1,237,500 ($165/SF)


INVESTMENT HIGHLIGHTS
- Corner lot with stoplight
- Off-street parking
- Walking distance from several retail locations and restaurants
- Next to Hub Shopping Center
- Monument signage for high visibility
- On bus line
EXECUTIVE SUMMARY
Building Size:
First Floor - 3,866 SF
Basement - 1,228 SF
Lot Size: 0.34 Acres / 14,801 SF
Taxes: 2024 - $27,617.32
Zoning: Commercial Preferred
Highlights
• Corner lot with stoplight
• Next to Hub Shopping Center
• Off bus line
• Off-street parking
• Monument signage for high visibility
• Walking distance from several retail locations and restaurants
First Floor - 3,866 SF
Basement - 1,228 SF
Lot Size: 0.34 Acres / 14,801 SF
Taxes: 2024 - $27,617.32
Zoning: Commercial Preferred
Highlights
• Corner lot with stoplight
• Next to Hub Shopping Center
• Off bus line
• Off-street parking
• Monument signage for high visibility
• Walking distance from several retail locations and restaurants
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,500 SF
Building Class
C
Year Built
1959
Price
$1,237,500
Price Per SF
$165
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,750 SF
Slab To Slab
10’
Building FAR
0.51
Lot Size
0.34 AC
Parking
30 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 27-028-24-24-0057 | Improvements Assessment | $506,000 |
| Land Assessment | $414,000 | Total Assessment | $920,000 |
PROPERTY TAXES
Parcel Number
27-028-24-24-0057
Land Assessment
$414,000
Improvements Assessment
$506,000
Total Assessment
$920,000
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6440 Nicollet Ave
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