707 2nd Ave S | Minneapolis, MN 55402
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- LoopNet Team
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
PROPERTY TAXES
| Parcel Number | 27-029-24-11-0133 | Improvements Assessment | $60,804,900 |
| Land Assessment | $10,135,100 | Total Assessment | $70,940,000 |
PROPERTY TAXES
Parcel Number
27-029-24-11-0133
Land Assessment
$10,135,100
Improvements Assessment
$60,804,900
Total Assessment
$70,940,000
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