2436 Park Ave - Office FOR SALE


Minneapolis, MN 55404- Phillips
$2,500,000 USD
612-432-6352
2436 Park Ave, Minneapolis, MN for Sale
$2,500,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

Jul '26


2436 Park Ave
Minneapolis, MN 55404
Phillips


HIGHLIGHTS

  • Great Location
  • Great Opportunity
  • Well Maintained Property

OVERVIEW

Mother Teresa Hall is 10,000 square feet of prime real estate located at 2440 Park Avenue in South Minneapolis. This classic, one story, 1970s built space, sits on .57 acres and has 24 parking spaces. The building contains 24 offices, a lounge, a conference room, and all mechanicals have been well maintained and are in great condition. This property is move-in ready! Last renovated in 2008. The building is in great shape and is an ideal office or medical use property. Zoned commercial RM3, the building is ADA compliant. Combined with 2450 Park Avenue next door, this could be a redevelopment opportunity. The proximity to downtown Minneapolis and ease of access to Interstates 35W and I-94 are considerable benefits to ownership. Mechanicals have been well maintained and are in great condition.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

RM3

APN/PARCEL ID

35-029-24-23-0082

ASK ABOUT THIS PROPERTY

Pete GuideraColdwell Banker Commercial RealtyMore Info
612-432-6352

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Pete GuideraColdwell Banker Commercial RealtyMore Info
612-432-6352

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