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8290 University Ave NE
Minneapolis, MN 55432
Azure Professional Building · Office Property For Sale

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Investment Highlights

  • Medical/professional space - opportunity to occupy entire building
  • Ample surface parking and 2-story parking ramp
  • Exterior and common area updates underway!
  • Located near Mercy Hospital – Unity Campus
  • Easy access to and from Highway 47/University Ave
  • Adjacent to Walmart, Sam’s Club, and Bachman’s

Executive Summary

The property at 8290 University Ave NE in Minneapolis offers a prime opportunity for medical or professional use, with the potential to occupy the entire building. Located near Mercy Hospital – Unity Campus, it provides easy access to Highway 47/University Ave and sits in a busy commercial area close to Walmart, Sam’s Club, and Bachman’s. The building features ample surface parking, a two-story parking ramp, and is undergoing exterior and common area updates. Prominent monument and building signage along HWY 47 ensures high visibility. Nearby amenities include retail, dining options, and parks, making it a convenient and attractive location for various professional services.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
25,494 SF
Building Class
B
Year Built
1990
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,498 SF
Slab To Slab
13’
Building FAR
0.45
Lot Size
1.29 AC
Zoning
C-2 - General Business
Parking
79 Spaces (0 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage

Property Taxes

Property Taxes

Parcel Number
02-30-24-23-0005
Land Assessment
$553,500
Improvements Assessment
$2,714,200
Total Assessment
$3,267,700
  • Listing ID: 33523825

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 8290 University Ave NE, Minneapolis, MN 55432

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