8535 NE Central Ave - Office FOR SALE


$600,000 USD
763-464-4371
8535 NE Central Ave, Blaine, MN for Sale
$600,000 USD
Office - FOR SALE
1/12
null | 8.06% Cap Rate

NEW



OVERVIEW

Great condition 5,788 square foot office building in prime Highway 65 location. Building includes 7 units, two garage stalls, and private rear parking area and entrance. Rear 1637 sq. ft. unit with reception area, multiple offices, meeting room and private entrance with truck parking is currently vacant and ready for it's next business. Previously occupied by construction companies and real estate firm. Roof and rooftop HVAC replaced in last 10 years. Owned and well maintained by the same family for 40+ years. Excellent longterm investment opportunity for investor or owner occupant in a high visibility location.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

8.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

3A-Comm land & Business

APN/PARCEL ID

32-31-23-43-0042

ASK ABOUT THIS PROPERTY

Jim DroppsThe Northeast Real Estate GroupMore Info
763-464-4371

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Jim DroppsThe Northeast Real Estate GroupMore Info
763-464-4371

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