This Office Property is no longer advertised on LoopNet.com.

707 2nd Ave S
Minneapolis, MN 55402
Ameriprise Financial Center · Office Property For Sale

Investment Highlights

  • One-of-a-Kind Placemaking Opportunity - A Blank Canvas to Reimagine an Existing Preeminent High-Rise Tower.
  • Compelling Alternative Use Market.
  • S&P A- Rated Income Stream Remaining Through October 2025.
  • Flexible Zoning and Potential Incentive Options.
  • Limited New Supply in a Flight-to-Quality Marketplace.
  • Diminishing Competitive Set Through Limited Development and Recent Conversions.

Property Facts

Property Type
Office
Property Subtype
Office/Residential
Building Size
959,264 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1999
Tenancy
Single
Building Height
30 Stories
Typical Floor Size
31,975 SF
Building FAR
19.66
Lot Size
1.12 AC
Zoning
B4-2 - 707 Second Avenue S is currently zoned B4-2 Downtown Business District and DT1 Downtown Center District per the Minneapolis 2040 Comprehensive Plan.
Parking
313 Spaces (0.33 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Food Service
  • Skyway

Sustainability

LEED Certified
Silver
LEED certification is a globally recognized symbol of sustainability achievement.

Sustainability

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)

Property Taxes

Property Taxes

Parcel Number
27-029-24-11-0133
Land Assessment
$10,135,100
Improvements Assessment
$60,804,900
Total Assessment
$70,940,000
  • Listing ID: 33414568

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 707 2nd Ave S, Minneapolis, MN 55402

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