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7625 Chicago Ave 43,600 SF Specialty Building Offered at $5,450,000 in Minneapolis, MN 55423
Investment Highlights
- Prominent Richfield location with convenient access to I-35W, Highway 77, Interstate 494, and Minneapolis-St. Paul International Airport
- Well-equipped facility with classrooms, administrative offices, meeting spaces, elevator access, and a commercial kitchen
- Originally constructed in 1955 with substantial additions completed in 1962 and 1984
- Former House of Prayer Lutheran Church offering 43,600 SF of adaptable special-use space on a 3.62-acre site
Executive Summary
Formerly the House of Prayer Lutheran Church, this 43,600 Sq Ft building offers a rare opportunity for religious, educational, community, or redevelopment uses. Situated on 3.62 acres with 154 parking spaces, the facility features a 708-seat sanctuary with a pipe organ, commercial kitchen (not licensed), classrooms, offices, elevator access, and a fire sprinkler system.
Originally constructed in 1955 with additions completed in 1962 and 1984, the building has been updated throughout the years and includes modernized mechanical systems and rooftop cooling units. This well-maintained property provides exceptional infrastructure, ample parking, and flexible space to accommodate a variety of future uses.
Originally constructed in 1955 with additions completed in 1962 and 1984, the building has been updated throughout the years and includes modernized mechanical systems and rooftop cooling units. This well-maintained property provides exceptional infrastructure, ample parking, and flexible space to accommodate a variety of future uses.
Property Facts
| Price | $5,450,000 | Lot Size | 4.00 AC |
| Price Per SF | $125 | Building Size | 43,600 SF |
| Sale Type | Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1955 |
| Property Subtype | Religious Facility | Parking Ratio | 3.53/1,000 SF |
| Building Class | C | Parcel Number | 35-028-24-34-0001 |
| Zoning | R - Low-Density Residential District | ||
| Price | $5,450,000 |
| Price Per SF | $125 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 43,600 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 3.53/1,000 SF |
| Zoning | R - Low-Density Residential District |
| Parcel Number | 35-028-24-34-0001 |
Amenities
- Air Conditioning
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
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Contact the Sale Advisor
7625 Chicago Ave