1024 Washington Ave S - Apartments CONDO FOR SALE


Minneapolis, MN 55415- Mill District
$450,000 USD
612-382-4774
1024 Washington Ave S, Minneapolis, MN for Sale
$450,000 USD
Apartments CONDO - FOR SALE
1/26
null | 6.5% Cap Rate

1024 Washington Ave S
Minneapolis, MN 55415
Mill District


OVERVIEW

Chiro tenant currently paying $13,650 NNN for 624 SF, lease expires 11/25 but could terminate sooner. Salon tenant pays $15,600 NNN for 976 SF in year 1 of 5 year lease with 5% annual increases. Owner would also consider leasing just the 624 SF space, currently rented to the chiropractor tenant, and continuing to own the property.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

6.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bridgewater Lofts

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

592,974 SF

STORIES

10

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

215

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,998 SF

ZONING

C3A

APN/PARCEL ID

26-029-24-12-0142,26-029-24-12-0158,26-029-24-12-0174,26-029-24-12-0175,26-029-24-12-0184,26-029-24-12-0203,26-029-24-12-0205,26-029-24-12-0220,26-029-24-12-0226,26-029-24-12-0230,26-029-24-12-0244,26-029-24-12-0247,26-029-24-12-0248,26-029-24-12-0256,26-029-24-12-0270,26-029-24-12-0287,26-029-24-12-0293,26-029-24-12-0299,26-029-24-12-0300,26-029-24-12-0318,26-029-24-12-0319,26-029-24-12-0323,26-029-24-12-0349,26-029-24-12-0352,26-029-24-12-0359,26-029-24-12-0362,26-029-24-12-0372,26-029-24-12-0386,26-029-24-12-0395,26-029-24-12-0420,26-029-24-12-0426,26-029-24-12-0457,26-029-24-12-0458,26-029-24-12-0655

ASK ABOUT THIS PROPERTY

Aaron GoldsteinThe Gold Group RealtyMore Info
612-382-4774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Aaron GoldsteinThe Gold Group RealtyMore Info
612-382-4774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.