7625 Chicago Ave - Churches FOR SALE


Minneapolis, MN 55423
$5,450,000 USD
612-834-2250
7625 Chicago Ave, Minneapolis, MN for Sale
$5,450,000 USD
Churches - FOR SALE
1/22
null | Request Cap Rate

7625 Chicago Ave
Minneapolis, MN 55423


HIGHLIGHTS

  • Prominent Richfield location with convenient access to I-35W, Highway 77, Interstate 494, and Minneapolis-St. Paul International Airport
  • Originally constructed in 1955 with substantial additions completed in 1962 and 1984
  • Well-equipped facility with classrooms, administrative offices, meeting spaces, elevator access, and a commercial kitchen
  • Former House of Prayer Lutheran Church offering 43,600 SF of adaptable special-use space on a 3.62-acre site

OVERVIEW

Formerly the House of Prayer Lutheran Church, this 43,600 Sq Ft building offers a rare opportunity for religious, educational, community, or redevelopment uses. Situated on 3.62 acres with 154 parking spaces, the facility features a 708-seat sanctuary with a pipe organ, commercial kitchen (not licensed), classrooms, offices, elevator access, and a fire sprinkler system. Originally constructed in 1955 with additions completed in 1962 and 1984, the building has been updated throughout the years and includes modernized mechanical systems and rooftop cooling units. This well-maintained property provides exceptional infrastructure, ample parking, and flexible space to accommodate a variety of future uses.

FOR SALE DETAILS

PRICE

$5,450,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

154

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

R

APN/PARCEL ID

35-028-24-34-0001

ASK ABOUT THIS PROPERTY

Kevin PeckSuntide Commercial Realty, Inc.More Info
612-834-2250

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Kevin PeckSuntide Commercial Realty, Inc.More Info
612-834-2250

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