909 Gould Ave NE
Columbia Heights, MN 55421
Ratio Apartments · Property For Lease · 296,000 SF

Located on the edge of Northeast Minneapolis in Columbia Heights, Ratio Apts is brand new mixed-use development brought to market by Alatus LLC. The site is located at 3989 Central Ave NE and the available space is on the corner of Central Ave NE and Gould Ave NE, directly across the street from the historic Heights Theatre and Dairy Queen. Here is the website for the residential building: https://ratioapt.com/ The project includes 266 units (over 360 beds), 332 parking stalls, 3,035 square feet of retail, and 22,000 square feet of office space built specifically for the City of Columbia Heights, who will be relocating their City Hall into this building. As you can see in the pictures on the brochure, this space has an outdoor patio space and extremely high visibility off Central Ave NE. Construction of the apartments completed at the end of September 2022 and we're already over 54% leased. The retail space is ready to be built out as soon as the right tenant is willing to take the space. The desired tenant would be a coffee/grab-and-go food user that would take the 3,000 SF retail offering at the property but the space can be demised smaller if desired. Landlord has several other multifamily projects in the works and is happy to create a long-term relationship with a potential tenant on not only this site but in our other sites in local markets (i.e., Hopkins, St. Paul, Minneapolis, and Arden Hills). Happy to give tours of this space to prospective tenants.