612-425-6575
2545 Portland Ave, Minneapolis, MN for Sale
Assisted Livings - FOR SALE
1/23
null | Request Cap Rate

2545 Portland Ave
Minneapolis, MN 55404
Phillips


HIGHLIGHTS

  • Located in Minneapolis, the former Ebenezer Care Center is a 62-bed facility ideal for reuse or redevelopment.
  • Conveniently located just south of Downtown Minneapolis, the site offers easy access via Interstate 35W, with downtown less than 10 minutes away.
  • Broad R6 zoning allows for a wide range of potential uses, making this site ideal for developers and investors looking to expand their portfolios.
  • Near points of interest and amenities like Abbot Northwestern Hospital, Saint Mary’s University of Minnesota, and the American Swedish Institute.
  • Within 5 miles, the average household income tops $101,000 and annual consumer spending exceeds $6.6 billion.
  • Starting bid $1 | Absolute auction.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity Near Downtown

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

70,890 SF

ZONING

R6

APN/PARCEL ID

35-029-24-23-0049

ASK ABOUT THIS PROPERTY

Sam GleasonCushman & Wakefield Minneapolis-St. PaulMore Info
612-425-6575

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Sam GleasonCushman & Wakefield Minneapolis-St. PaulMore Info
612-425-6575

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