2545 Portland Ave | Minneapolis, MN 55404
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- LoopNet Team
2545 Portland Ave
Minneapolis, MN 55404
Redevelopment Opportunity Near Downtown · Health Care Property For Sale
·
110 Beds
INVESTMENT HIGHLIGHTS
- Located in Minneapolis, the former Ebenezer Care Center is a 62-bed facility ideal for reuse or redevelopment.
- Broad R6 zoning allows for a wide range of potential uses, making this site ideal for developers and investors looking to expand their portfolios.
- Within 5 miles, the average household income tops $101,000 and annual consumer spending exceeds $6.6 billion.
- Conveniently located just south of Downtown Minneapolis, the site offers easy access via Interstate 35W, with downtown less than 10 minutes away.
- Near points of interest and amenities like Abbot Northwestern Hospital, Saint Mary’s University of Minnesota, and the American Swedish Institute.
- Starting bid $1 | Absolute auction.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Size | 75,000 SF |
| Type of Ownership | Fee Simple | No. Beds | 110 |
| Property Type | Health Care | No. Stories | 3 |
| Property Subtype | Assisted Living | Year Built | 1919 |
| Building Class | C | Parking Ratio | 0.27/1,000 SF |
| Lot Size | 1.63 AC | Parcel Number | 35-029-24-23-0049 |
| Zoning | R6 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 1.63 AC |
| Building Size | 75,000 SF |
| No. Beds | 110 |
| No. Stories | 3 |
| Year Built | 1919 |
| Parking Ratio | 0.27/1,000 SF |
| Zoning | R6 |
| Parcel Number | 35-029-24-23-0049 |
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