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4021 Thomas Ave N 48,855 SF Specialty Building Offered at $6,132,558 CAD in Minneapolis, MN 55412
Investment Highlights
- Three-story specialty facility with extensive existing improvements.
- Elevator-served and air-conditioned building.
- Flexible layout supports educational, medical, office, or community uses.
- Includes offices, classrooms, commercial kitchen, and gymnasium.
- Seller reports over $1 million invested since acquisition.
- On-site parking and municipal utility connections are in place.
Executive Summary
4021 Thomas Avenue N presents an opportunity to acquire a large specialty-use facility in Minneapolis with a broad range of potential occupancy and redevelopment possibilities. The three-story property has benefited from significant capital investment, with the seller reporting more than $1 million invested since acquisition. The building includes a diverse mix of functional spaces, including offices, classrooms, a commercial kitchen, gymnasium, social and dining hall areas, elevator service, and air conditioning, supporting a variety of institutional, educational, medical, community, office, and residential conversion concepts.
Property Facts
| Price | $6,132,558 CAD | Lot Size | 1.82 AC |
| Price Per SF | $125.53 CAD | Building Size | 48,855 SF |
| Sale Type | Owner User | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1950 |
| Property Subtype | Schools | Parking Ratio | 0.53/1,000 SF |
| Building Class | C | ||
| Zoning | R1A - Multiple-family District. | ||
| Price | $6,132,558 CAD |
| Price Per SF | $125.53 CAD |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 1.82 AC |
| Building Size | 48,855 SF |
| No. Stories | 3 |
| Year Built | 1950 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | R1A - Multiple-family District. |
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
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Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 05-029-24-13-0012 | Improvements Assessment | $0 CAD |
| Land Assessment | $376,402 CAD | Total Assessment | $376,402 CAD |
Property Taxes
Parcel Number
05-029-24-13-0012
Land Assessment
$376,402 CAD
Improvements Assessment
$0 CAD
Total Assessment
$376,402 CAD
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4021 Thomas Ave N
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