4021 Thomas Ave N - Schools FOR SALE


Minneapolis, MN 55412- Victory
$4,399,000 USD
612-961-4010
4021 Thomas Ave N, Minneapolis, MN for Sale
$4,399,000 USD
Schools - FOR SALE
1/4
null | Request Cap Rate

NEW


4021 Thomas Ave N
Minneapolis, MN 55412
Victory


HIGHLIGHTS

  • Three-story specialty facility with extensive existing improvements.
  • Includes offices, classrooms, commercial kitchen, and gymnasium.
  • Elevator-served and air-conditioned building.
  • Seller reports over $1 million invested since acquisition.
  • Flexible layout supports educational, medical, office, or community uses.
  • On-site parking and municipal utility connections are in place.

OVERVIEW

4021 Thomas Avenue N presents an opportunity to acquire a large specialty-use facility in Minneapolis with a broad range of potential occupancy and redevelopment possibilities. The three-story property has benefited from significant capital investment, with the seller reporting more than $1 million invested since acquisition. The building includes a diverse mix of functional spaces, including offices, classrooms, a commercial kitchen, gymnasium, social and dining hall areas, elevator service, and air conditioning, supporting a variety of institutional, educational, medical, community, office, and residential conversion concepts.

FOR SALE DETAILS

PRICE

$4,399,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,279 SF

ZONING

R1A

APN/PARCEL ID

05-029-24-13-0012

ASK ABOUT THIS PROPERTY

Lee RacineKeller Williams RealtyMore Info
612-961-4010

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Lee RacineKeller Williams RealtyMore Info
612-961-4010

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