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12,000+ SF Building Ready for a New Life 999 50th Ave NE 12,446 SF 100% Leased Flex Building Columbia Heights, MN 55421 $1,100,000 ($88.38/SF)
Investment Highlights
- Over 40 Uses are available in this business district
- Many possibilities for owner occupant or multi-tenant building
- Very close to I-694 freeway access and additional on-street parking if needed
- Long Term Lease Available, Lease to Own, Built to Suit or Simply Buy it "AS IS"
- Great outdoor spaces with lots of natural light and easy to add wheel chair access to both levels
Executive Summary
12,000+ SF Commercially Zoned Building - Two level building with parking lot & street parking available - Approx. 6,200 SF per floor - 9' ceilings on the upper level and up to 10' ceilings in lower level - Long Term Lease Available, Lease to Own, Built to Suit or Simply Buy it "AS IS" needs over $400K of repairs & updates - Updated building would appraise for approx. 2.4 million - Seller financing, making repairs and improvements to suit are an option - Lots of possibilities for owner occupant or multi-tenant building - Sellers bought the property a little over a year ago - It has been vacant for over 4 years - Sellers are looking to close on 1/2/24 or later - Over 40 Uses are available in this business district
Data Room Click Here to Access
Property Facts
Amenities
- Bus Line
- Conferencing Facility
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 25-30-24-23-0002 | Improvements Assessment | $477,900 |
| Land Assessment | $290,500 | Total Assessment | $768,400 |
Property Taxes
Parcel Number
25-30-24-23-0002
Land Assessment
$290,500
Improvements Assessment
$477,900
Total Assessment
$768,400
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12,000+ SF Building Ready for a New Life | 999 50th Ave NE
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