3137 Hennepin Ave S - Loft/Creative Space FOR SALE


Minneapolis, MN 55408- East Calhoun
$750,000 USD
651-482-9668
3137 Hennepin Ave S, Minneapolis, MN for Sale
$750,000 USD
Loft/Creative Space - FOR SALE
1/8
null | Request Cap Rate

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3137 Hennepin Ave S
Minneapolis, MN 55408
East Calhoun


OVERVIEW

Multi-Tenant Office Building with Recent Capital Improvements! Well-maintained multi-tenant office building in a convenient Hennepin Avenue location. Excellent opportunity, with one vacant suite available and the remainder of the building leased to established long-term tenants. Recent improvements include new roof and siding (2025), new water service line (2025), and furnaces replaced in 2017. Quiet professional setting with security system. Four parking spaces are available for tenant use, including three assigned spaces and one shared tenant space. Stable income with owner-user potential and upside through lease-up of the vacant suite.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

OR1

APN/PARCEL ID

04-028-24-12-0136

ASK ABOUT THIS PROPERTY

Barbara AnkrumOffice Here, Inc.More Info
651-482-9668

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Barbara AnkrumOffice Here, Inc.More Info
651-482-9668

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