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999 50th Ave NE
Columbia Heights, MN 55421
12,000+ SF Building Ready for a New Life · Flex Property For Sale

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Investment Highlights

  • Over 40 Uses are available in this business district
  • Lots of possibilities for owner occupant or multi-tenant building
  • Very close to I-694 freeway access and additional on-street parking if needed
  • Long Term Lease Available, Lease to Own, Built to Suit or Simply Buy it "AS IS"
  • Great outdoor spaces, Lots of natural light and easy to add wheel chair access to both levels

Executive Summary

12,000+ SF Commercially Zoned Building - Two level building with parking lot & street parking available - Approx. 6,200 SF per floor - 9' ceilings on the upper level and up to 10' ceilings in lower level - Long Term Lease Available, Lease to Own, Built to Suit or Simply Buy it "AS IS" needs over $400K of repairs & updates - Updated building would appraise for approx. 2.4 million - Seller financing, making repairs and improvements to suit are an option - Lots of possibilities for owner occupant or multi-tenant building - Sellers bought the property a little over a year ago - It has been vacant for over 4 years - Sellers are looking to close on 1/2/24 or later - Over 40 Uses are available in this business district

Property Facts

Sale Type Investment
Sale Conditions
Build to Suit
  • Lease Option
  • Deferred Maintenance
  • Redevelopment Project
Property Type Flex
Property Subtype
Showroom
  • Flex Light Manufacturing
  • General Retail Storefront Retail/Office
  • Showroom
Building Class C
Lot Size 0.83 AC
Rentable Building Area 12,446 SF
No. Stories 2
Year Built 1976
Parking Ratio 3.7/1,000 SF
Clear Ceiling Height 10’
Zoning GB - GB - General Business District General retail sales, services and other commercial uses -https://www.columbiaheightsmn.gov/government/city_code.php

Amenities

  • Bus Line
  • Conferencing Facility
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
25-30-24-23-0002
Land Assessment
$272,415 CAD
Improvements Assessment
$695,565 CAD
Total Assessment
$967,980 CAD
  • Listing ID: 29359559

  • Date on Market: 2023-08-24

  • Last Updated:

  • Address: 999 50th Ave NE, Columbia Heights, MN 55421

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