5701 N Kentucky Ave - Loft/Creative Space FOR SALE


Crystal, MN 55428
$2,000,000 USD
612-444-3333
5701 N Kentucky Ave, Crystal, MN for Sale
$2,000,000 USD
Loft/Creative Space - FOR SALE
1/51
null | 9.56% Cap Rate

5701 N Kentucky Ave
Crystal, MN 55428


OVERVIEW

5701 Kentucky Ave N is a well-maintained, fully leased 17,985 SF o?ice building in Crystal, Minnesota. The property includes 21 units and is fully occupied by 14 tenants, o?ering stable, reliable income. Built in 1981 and updated in 2020, it features modern interior, ample parking, an flexible layouts suited for a variety of o?ice and service users. Its location near Highway 169, Highway 100, and Bass Lake Road provides quick access to Downtown Minneapolis and nearby business areas. Strong occupancy, established, reliable tenants, and below-market rents create a solid investment opportunity with room for future growth.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

9.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crystal Square II

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

Commercial

APN/PARCEL ID

05-118-21-42-0066

ASK ABOUT THIS PROPERTY

Rustam MuharamovFinancially Free, LLCMore Info
612-444-3333

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Rustam MuharamovFinancially Free, LLCMore Info
612-444-3333

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