20 Washington Ave S | Minneapolis, MN 55401
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20 Washington Ave S
Minneapolis, MN 55401
20 Washington Avenue South · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Architecturally Significant Iconic Building
- Amenity-Rich Location
- Placemaking Opportunity with Adaptive Re-use Optionality
- Dynamic Intersection of North Loop & Gateway District
- Unrivaled Location & Accessibility
- Flexible Zoning and Potential Incentive Options
EXECUTIVE SUMMARY
20 Washington, one of the most iconic buildings in Minneapolis, stands prominently at the front doorstep of the North Loop and the Minneapolis CBD’s Gateway District, and is located at the highly-trafficked intersection (36,400 vehicles per day) of Hennepin and Washington Avenue. The offering provides one of the best pieces of real estate available in Minneapolis, and thus presents a compelling value-add, office repositioning or redevelopment opportunity at the epicenter of the city’s top districts. Currently vacant, 20 Washington is a work of art ready to become the City's most dynamic and recognizable boutique office, high-end hotel, residential development, museum or opera house.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
187,000 SF
Building Class
B
Year Built
1964
Tenancy
Single
Building Height
6 Stories
Typical Floor Size
31,167 SF
Slab To Slab
12’
Building FAR
1.52
Lot Size
2.83 AC
Zoning
B-4 C-1 - DT1 Downtown Center and within the Core 50 Built Form Overlay District and Downtown Parking Overlay District
Parking
105 Spaces (0.56 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Bus Line
- Commuter Rail
- Energy Star Labeled
PROPERTY TAXES
| Parcel Number | 23-029-24-32-0006 | Improvements Assessment | $1,000 |
| Land Assessment | $17,789,000 | Total Assessment | $17,790,000 |
PROPERTY TAXES
Parcel Number
23-029-24-32-0006
Land Assessment
$17,789,000
Improvements Assessment
$1,000
Total Assessment
$17,790,000
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