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Pace Industries 3737 N Lexington Ave

60,000 SF Industrial Building Arden Hills, MN 55126 For Sale

Investment Highlights

  • 2.5 Acres Available
  • Area Tenants include: Target, Trader Joe’s, Cub Foods, Shoreview YMCA
  • High traffic area
  • 18,000+ vehicles drive by this area daily on Lexington, not taking into account the traffic from the business park nearby and the Hwy

Executive Summary

Located within a bustling commercial district, this 2.5-acre property offers excellent visibility and accessibility. With over 18,000 vehicles passing daily on nearby Lexington, its strategic location ensures a steady flow of potential customers. Surrounded by established businesses like Target, Trader Joe’s, and Cub Foods, the property is well-positioned for retail ventures and presents an exciting redevelopment opportunity. Its expansive footprint provides ample space for various business ventures or redevelopment projects. Don’t miss the chance to establish your presence in this dynamic location where visibility meets opportunity.

Property Facts

Sale Type Owner User
Sale Conditions Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Bank
  • General Retail Fast Food
  • General Retail Supermarket
Building Class C
Lot Size 2.50 AC
Rentable Building Area 60,000 SF
No. Stories 1
Year Built 1965
Tenancy Single
Parking Ratio 2.5/1,000 SF
No. Drive In / Grade-Level Doors 15

Amenities

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 27-30-23-41-0004
  • 27-30-23-41-0001
Land Assessment
$1,089,000
Improvements Assessment
$2,637,500
Total Assessment
$3,726,500

zoning

Zoning Code B-3 Service Business (Please see the Arden Hills, MN Code of Ordinances, 1320.05 Land Use Chart and 1320.09 Special Requirements for the B-3 Service Business section)
B-3 Service Business (Please see the Arden Hills, MN Code of Ordinances, 1320.05 Land Use Chart and 1320.09 Special Requirements for the B-3 Service Business section)
  • Listing ID: 31584403

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 3737 N Lexington Ave, Arden Hills, MN 55126

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