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2233 49th Ave N
62,047 SF 92% Leased Industrial Building Minneapolis, MN 55430 $4,300,000 ($69/SF)
Investment Highlights
- Single tenant or multi-tenant opportunity
- 1,200 amp service with addional 2,000 amps available
- LED lighting thorughout
- Existing income in place
- Fiber line in the building
- Security cameras throughout
Executive Summary
Building Features:
-62,047 Total SF
-Office - 6,500 SF
-Warehouse - 55,547 SF
-14' - 40' Clear Height
-Solar Panels
Loading:
-8 - Dock doors
-3 - Drive in doors
-1 UPS door
- Exterior semi/trailer parking
Electrical:
-1,500 amp / 240 volt / 3 phase
-Additional 2,000 amp service is available
Out Building:
-600 SF (20'x30')
-1 - Drive in door
-Small office
-Separate furnace and AC unit
Property Facts
| Price | $4,300,000 | Rentable Building Area | 62,047 SF |
| Price Per SF | $69 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1960 |
| Property Type | Industrial | Parking Ratio | 0.89/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14 FT |
| Building Class | C | No. Dock-High Doors/Loading | 8 |
| Lot Size | 2.97 AC | No. Drive In / Grade-Level Doors | 3 |
| Price | $4,300,000 |
| Price Per SF | $69 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.97 AC |
| Rentable Building Area | 62,047 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 0.89/1,000 SF |
| Clear Ceiling Height | 14 FT |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Two private loading docks with attached storage trailers. Space totals 1,100sf, 300sf of which is inside building in secured, fenced area. Remainder of space is in docked trailers. Space can also be rented without trailers, as cross-docking area. Also has access to shared loading dock.
Zoned industrial / commercial. Shared entrance on 49th Ave, access through warehouse. Shared loading docks available. Rent includes heat, AC, normal electric use. High speed internet available.
Street-fronting office on 49th Ave N. Zoned industrial / commercial. Shared entrance on 49th Ave, access to warehouse and loading docks in the back. Rent includes basic utilities (heat, AC, normal office electric use). High-speed internet available.
Nice drive-in warehouse space with walls. Straight pull-in from outside (some height restrictions). Rent includes heat and basic electric. High speed internet available. Shared loading docks available. Video tour of this space: https://youtu.be/X3nv4LN4WUc
Detached garage in commercial lot. 2+ car with office in rear. Has newer heat and AC. High speed internet available. Previously used by tech business. Rent includes basic utilities and internet.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,100 SF | Industrial | - | Now |
| 1st Fl-Ste 120 | 327 SF | Office | - | Now |
| 1st Fl-Ste 145 | 220 SF | Office | - | Now |
| 1st Fl - 55 | 2,800 SF | Industrial | - | Now |
| 1st Fl - G | 800 SF | Industrial | - | Now |
1st Floor
| Size |
| 1,100 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 120
| Size |
| 327 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 145
| Size |
| 220 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl - 55
| Size |
| 2,800 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - G
| Size |
| 800 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 1,100 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Two private loading docks with attached storage trailers. Space totals 1,100sf, 300sf of which is inside building in secured, fenced area. Remainder of space is in docked trailers. Space can also be rented without trailers, as cross-docking area. Also has access to shared loading dock.
1st Fl-Ste 120
| Size | 327 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Zoned industrial / commercial. Shared entrance on 49th Ave, access through warehouse. Shared loading docks available. Rent includes heat, AC, normal electric use. High speed internet available.
1st Fl-Ste 145
| Size | 220 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Street-fronting office on 49th Ave N. Zoned industrial / commercial. Shared entrance on 49th Ave, access to warehouse and loading docks in the back. Rent includes basic utilities (heat, AC, normal office electric use). High-speed internet available.
1st Fl - 55
| Size | 2,800 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Nice drive-in warehouse space with walls. Straight pull-in from outside (some height restrictions). Rent includes heat and basic electric. High speed internet available. Shared loading docks available. Video tour of this space: https://youtu.be/X3nv4LN4WUc
1st Fl - G
| Size | 800 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Detached garage in commercial lot. 2+ car with office in rear. Has newer heat and AC. High speed internet available. Previously used by tech business. Rent includes basic utilities and internet.
PROPERTY TAXES
| Parcel Number | 11-118-21-31-0001 | Improvements Assessment | $2,998,300 |
| Land Assessment | $781,700 | Total Assessment | $3,780,000 |
PROPERTY TAXES
zoning
| Zoning Code | PR2 (Production and Processing District) |
| PR2 (Production and Processing District) |
Presented by
2233 49th Ave N
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