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Flex Space For Sale

Great location ready for a NEW life as a Daycare, Adult Daycare, Restaurant, Community Center or ???

Listing Contacts

Active

Asking Price: $1,100,000
Address 

999 50th Ave NE, Columbia Heights, MN 55421

Show on Map
Date Added
Mar 26, 2024
Days on Market
357 days
Time Since Last Update
32 days

Details

Property TypeMixed Use, Office, Retail, Senior Living
SubtypeDay Care/Nursery, Medical Office, Restaurant
Investment TypeOwner/User
Investment Sub TypeInvestment
ClassC
TenancyVacant
Square Footage12,446
Price/Sq Ft$88.38
OccupancyVacant
Year Built1976
Stories2
ZoningGB
Lot Size (acres)0.83
Broker Co-OpYes

Marketing Description

12,000+ SF Commercially Zoned Building - Two level building with 46 space 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 - Buy it "AS IS" needs over $400K of repairs & updates - Updated building would appraise for approx.​ 2.6 million - Seller financing with C/D or Lease to Own - 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 3 years - Over 40 Uses are available in this business district

Built in 1976 - Total of 12,446 SF on 2 levels - 46 Parking Spaces - Price/SF = $84.36 - GB - General Business District - Over 40 Uses are available in this zoning.​

Sellers are open to C/D for up to 24 months or lease with option to buy will allow you to have access to the building and start the work right away and then close down the road.​

GB - General Business District

General retail sales, services and other commercial uses -https://www.​columbiaheightsmn.​gov/government/city_code.​php

Blueprints and other documents - https://drive.​google.​com/drive/folders/14Qt9utfpLFm2-3YpVxmFFW0yBCmDxp4u?usp=sharing

Investment Highlights

Over 40 Uses are available in this business district

Lease to Own, Buy it "AS IS"

Lots of possibilities for owner occupant or multi-tenant building

Great outdoor spaces, Lots of natural light and easy to add wheel chair access to both levels

Very close to I-694 freeway access and additional on-street parking if needed

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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