435 Ford Rd - Office FOR SALE
Saint Louis Park, MN 55426 |
435 Ford Rd
Saint Louis Park, MN 55426
HIGHLIGHTS
- 435 Metropoint has investment optionality for prospective buyers with multiple potential strategies in the highly desirable & vibrant St. Louis Park.
- Retain Herzing & operate as office, convert to housing using creative financing, knock down to build apartments, while leveraging 700+ stall garage.
- Offering superior accessibility in a highly visible suburban location with abundant neighboring amenities nearby.
- Exceptional opportunity for urban infill redevelopment, providing an acquisition at a price substantially below replacement cost.
- Located in the well-performing St. Louis Park office micro-market and a part of the strong, well-diversified Minneapolis economy.
- City staff have indicated an openness and potentially robust support for 435 Ford Road, to be zoned for transit-oriented development (MU-3).
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
REO Sale | Investment or Redevelopment Opp
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
203656
STORIES
10
BUILDING CLASS
B
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
697
LAND DETAILS
LAND ACRES
4.85 AC AC
LAND SF
211,266 SF
ZONING
-
APN/PARCEL ID
01-117-22-11-0011
