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2722 Park Ave 12,671 SF 100% Leased Office Building Minneapolis, MN 55407 $3,978,372 CAD ($313.97 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 2722 Park ave is the building And 2742 park ave is empty lot Total lot size combine are :1.40 acre .

EXECUTIVE SUMMARY

2722 Park ave is the building And 2742 park ave is empty lot Total lot size combine are :1.40 acre .

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Office/Residential
Building Size
12,671 SF
Building Class
C
Year Built
1901
Price
$3,978,372 CAD
Price Per SF
$313.97 CAD
Cap Rate
7%
NOI
$278,486 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,336 SF
Slab To Slab
9’6”
Building FAR
0.21
Lot Size
1.40 AC
Opportunity Zone
Yes
Zoning
R6
Parking
93 Spaces (7.34 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 35-029-24-32-0157
  • 35-029-24-32-0017
Land Assessment
$1,370,318 CAD
Improvements Assessment
$1,692,274 CAD
Total Assessment
$3,062,592 CAD
  • Listing ID: 30520239

  • Date on Market: 2024-01-03

  • Last Updated:

  • Address: 2722 Park Ave, Minneapolis, MN 55407

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