800 42nd St North Avenue N, Minneapolis

800 42nd St. is a stand-alone office building centrally located on a corner lot in Camden neighborhood, close to major employers, highways, downtown, housing and transit. Originally constructed as a uniquely designed two-story office building with 18 offices and three off-street parking plus more easy street parking. Construction is a mix of concrete, brick and wood frame construction. Ample windows provide for radiant natural light creating a warm work environment. Kitchen on both floors, central air, two new furnaces, four large meeting rooms. The property is currently set up for a single user but could easily be multiple suites. A rare opportunity to acquire a creative and flexible office building well suited to a range of users from start-ups and small businesses to those requiring a mix of offices such as contractor & designer. Currently rents are $7,200/month, NN lease. Currently over 10 CAP rate. Options for owner user, restructure lease, Increase rents, or new multiple tenants.

Essential Information

  • MLS® #6222894
  • Price$839,900
  • Bathrooms0.00
  • Year Built1937
  • TypeCommercial Sale
  • StatusActive
  • Taxes$11,984

Amenities

  • GaragesPaved

Exterior

  • ConstructionBrick/Stone, Wood Siding

Additional Information

  • ZoningBusiness/Commercial

Community Information

  • Address800 42nd St North Avenue N
  • AreaWebber - Camden
  • SubdivisionWiethoffs Rgt
  • CityMinneapolis
  • CountyHennepin
  • StateMN
  • Zip Code55412

Interior

  • HeatingForced Air
  • CoolingCentral Air

School Information

  • DistrictMinneapolis

Listing Details

  • Listing OfficeGramercy Real Estate Group

MLS #6222894 is a Commercial Sale listing, located at 800 42nd St North Avenue N in Minneapolis, MN.

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