2617 E Hennepin Ave
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2617 E Hennepin Ave
10,480 SF Flex Building Minneapolis, MN 55413 $1,595,000 ($152/SF)
Executive Summary
Rare opportunity to own this beautifully updated historic brick commercial building along with the paved parking lot across
busy East Hennepin Ave. with high traffic counts. The brick one story building consists of open areas for showrooms, collaborative work space and conference room along with private offices and production areas. Attached garage in the rear of the building for parking, shipping & receiving and extra storage space.
Zoned PR2 Production & Processing; which permits for uses including office, equipment sales, food & beverage, grocery, Artist Studio, learning centers and worship assembly, along with many others which would require a CUP. The lot at 1107 27th Ave. SE is zoned CM1.
busy East Hennepin Ave. with high traffic counts. The brick one story building consists of open areas for showrooms, collaborative work space and conference room along with private offices and production areas. Attached garage in the rear of the building for parking, shipping & receiving and extra storage space.
Zoned PR2 Production & Processing; which permits for uses including office, equipment sales, food & beverage, grocery, Artist Studio, learning centers and worship assembly, along with many others which would require a CUP. The lot at 1107 27th Ave. SE is zoned CM1.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,595,000 | Rentable Building Area | 10,480 SF |
| Price Per SF | $152 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1929 |
| Property Type | Flex | Parking Ratio | 3.34/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.72 AC |
| Price | $1,595,000 |
| Price Per SF | $152 |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.72 AC |
| Rentable Building Area | 10,480 SF |
| No. Stories | 1 |
| Year Built | 1929 |
| Parking Ratio | 3.34/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Bus Line
- Signage
1 of 1
Bike Score ®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 18-029-23-43-0040 | Improvements Assessment | $1,142,000 (2023) |
| Land Assessment | $149,400 (2023) | Total Assessment | $1,291,400 (2023) |
PROPERTY TAXES
Parcel Number
18-029-23-43-0040
Land Assessment
$149,400 (2023)
Improvements Assessment
$1,142,000 (2023)
Total Assessment
$1,291,400 (2023)
zoning
| Zoning Code | I1 (Zoned PR2 Production & Processing; which permits for uses including office, equipment sales, food & beverage, grocery, Artist Studio & more.) |
| I1 (Zoned PR2 Production & Processing; which permits for uses including office, equipment sales, food & beverage, grocery, Artist Studio & more.) |
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Bill Wolfson Commercial Real Estate
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2617 E Hennepin Ave
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