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19931932
19931948

800 N 42nd Ave / 4217 Aldrich Ave N., Minneapolis, MN 55412

JK
MN MN 40050504, CA CA 02187126
Gramercy Real Estate Group
Listed by Gramercy Real Estate Group
$1,180,000
601 days on market
Updated 15 days ago

800 42nd Ave N. & 4217 Aldrich Ave N

Details
APN 04-029-24-11-0051, 04-029-24-11-0068
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 5,100
Net Rentable (SqFt) 5,100
Cap Rate 7.50%
Tenancy Vacant
Pro-Forma Cap Rate 10.00%
Price per SqFt $231
Broker Co-Op Yes
Class B
Year Built 1937
Buildings 1
Stories 2
Lot Size (SqFt) 10,643
Zoning CM2 Corridor Mixed-Use
Parking Spaces 13 spaces
Parking Per SqFt 2.55
Investment Type Owner/User
Ownership Owner Operator
Sale Condition 1031 exchange

Two-level Office Corner Lot and Parking Lot Located in Camden

Marketing description

Premier stand-alone office building centrally located on a corner lot in the Camden. Two-story property offers a great signage opportunity for an owner or tenant and is situated close to major employers, highways, and downtown. 18 offices, four large meeting rooms, four bathrooms, and kitchens on both floors. Ample windows that provide radiant natural light. The site includes 15 total parking spaces (3 off-street and a 12-car lot). Currently configured for a single user, this property represents a rare opportunity to acquire a creative and flexible office space well-suited for a variety of needs.

Investment highlights

Stand-alone two-level office building located on a corner lot in the Camden Commercial Corridor.

Addition and Development options.

Off street parking Lot, ample street parking on Aldrich.

Zoning: Two lot parcels, CM2 & CM3 Commercial Mixed-Use.

Listing Contacts

JK
MN MN 40050504, CA CA 02187126
Gramercy Real Estate Group
Listed by Gramercy Real Estate Group

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Additional Information

Name
Joshua Keller
License
MN 40050504
Brokerage
Gramercy Group
Brokerage Phone
4155820001
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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