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Architectural Antiques Building 1330 Quincy St NE 40,976 SF 100% Leased Flex Building Minneapolis, MN 55413 $7,644,945 CAD ($186.57 CAD/SF)
INVESTMENT HIGHLIGHTS
- Brick and timber building located in the middle of the NE Mpls Arts District
- Elevator shaft in place, 2 stairwells, a great building for lofts
- High ceilings, windows on every floor, all four sides of the building
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2021) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$395,337
|
$9.65
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$395,337
|
$9.65
|
| Taxes |
$105,407
|
$2.57
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$105,407
|
$2.57
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2021)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $395,337 |
| Annual Per SF | $9.65 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $395,337 |
| Annual Per SF | $9.65 |
| Taxes (CAD) | |
|---|---|
| Annual | $105,407 |
| Annual Per SF | $2.57 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $105,407 |
| Annual Per SF | $2.57 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
- Signage
- Yard
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 6,815 SF
- -
- Modified Gross
- -
Seems like good old Louis took those words right out of my mouth. You see, for over thirty years Architectural Antiques has taken a lot of satisfaction in knowing that each antique architectural element that passes though our store is just on it’s way to a better place, an environment where it will be just as appreciated as the home or building it recently left. And for those who believe that a single antique architectural element has the ability to transform a room or building into something of beauty and harmony, Architectural Antiques is a place for you . . . a place where that transformation is brought to an art. Now, I admit that it’s not a painting to be hung on a wall, but art it is. You’re surrounded by it every day in your home, your office or in whatever environment you spend time. It helps celebrate life and work, creates memories and romance, and edifies and inspires those around it! All it takes is a single piece of the past to magically convert sterile environments. This
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 6,815 SF | - | Modified Gross | - |
PROPERTY TAXES
| Parcel Number | 14-029-24-14-0084 | Total Assessment | $3,777,125 CAD (2024) |
| Land Assessment | $230,199 CAD (2024) | Annual Taxes | $105,407 CAD ($2.57 CAD/SF) |
| Improvements Assessment | $3,546,926 CAD (2024) | Tax Year | 2021 |
PROPERTY TAXES
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Architectural Antiques Building | 1330 Quincy St NE
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