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3521 88th Ave NE

12,000 SF 100% Leased Office Building Circle Pines, MN 55014 $1,690,000 ($141/SF)

Executive Summary

This is your next property for either an owner-user or investor. An amazing location, facing Lake Drive & just minutes from 35W, 610 & 694. High demand Light Industrial-Flex-Office Warehouse, one-level building, fully leased (with an opportunity for near-term vacancy), offers flexibility to a new owner. This property has been well cared for over the years and owners were involved in construction of the building and currently self manage. Ample parking and grass/trees surrounding the building, makes this an excellent purchase.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,000 SF
Building Class
C
Year Built
1998
Price
$1,690,000
Price Per SF
$141
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,000 SF
Building FAR
0.20
Lot Size
1.36 AC
Zoning
3A - C/I/Util - Commercial
Parking
45 Spaces (4.06 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Kitchen
  • Wi-Fi
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-31-23-32-0020
Land Assessment
$395,600
Improvements Assessment
$733,300
Total Assessment
$1,128,900
  • Listing ID: 33351522

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 3521 88th Ave NE, Circle Pines, MN 55014

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