800 42nd St North Avenue N Minneapolis, MN 55412

$839,900 N/A N/A
Price Bedrooms Bathrooms
Price has not changed since being added to site on 7/20/2022
Status: Active

MLS #: 6222894

Commercial Sale Sq. Feet: N/A
On Site: 68 Days Lot Size: 0.14 Acres
Neighborhood: See All Properties for Sale in Webber - Camden
DESCRIPTION
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800 42nd St. is a stand-alone office building centrally located on a corner lot in Camden neighborhood, close to major employers, highways, downtown, housing and transit. Originally constructed as a uniquely designed two-story office building with 18 offices and three off-street parking plus more easy street parking. Construction is a mix of concrete, brick and wood frame construction. Ample windows provide for radiant natural light creating a warm work environment. Kitchen on both floors, central air, two new furnaces, four large meeting rooms. The property is currently set up for a single user but could easily be multiple suites. A rare opportunity to acquire a creative and flexible office building well suited to a range of users from start-ups and small businesses to those requiring a mix of offices such as contractor & designer. Currently rents are $7,200/month, NN lease. Currently over 10 CAP rate. Options for owner user, restructure lease, Increase rents, or new multiple tenants.
FEATURES / AMENITIES
Accessibility Features: Partially Wheelchair
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.14 Acres
Lot Dimensions: 44.75 X 137
Parking Features: Paved
Utilities: Heating Common
Sewer: City Sewer/Connected
Water: City Water/Connected
Zoning: Business/Commercial
Directions: 42nd to Aldrich ave N.
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Sale Includes: Building, Land
Tax Year: 2021
Tax Annual Amount: $11, 984
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Listing Information Last Updated 9/25/2022
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Property Summary

800 42nd St North Avenue N
Minneapolis, MN 55412

MLS®: 6222894

List Price: $839,900

Description:

MLS # 6222894: This property at 800 42nd St North Avenue N, Minneapolis, MN 55412 is located in the Webber - Camden subdivision and is listed for $839,900. MLS # 6222894 has been on the market for 67 days.