FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 Square Feet - Zoned R4 - Adjacent to Midtown Greenway

FACTS & FEATURES •

List Price: $325,000

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Zoned R4 - Multiple Family District

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Building Size: 10,000 Square Feet

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Lot Size: 0.19 Acres

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Located Adjacent to the Midtown Greenway

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9,927 VPD on Park Ave

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Blocks from Midtown Exchange Building

MARK HULSEY | Managing Broker Mobile 651.755.2068 | Office 651.256.7404 [email protected]

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 Square Feet - Zoned R4 - Adjacent to Midtown Greenway

PROPERTY INFORMATION LIST PRICE: $325,000

PROPERTY INFORMATION: Unique South Minneapolis Building located directly ZONING: R4 - Multiple Family District. See adjacent to the Midtown Greenway. next page for zoning information. Fantastic opportunity for Investor or Owner/User. Large building with great LOT ACRES: 0.19 Acres potential. Nearly 10,000 cars pass daily on Park Ave. E Lake St is 1 block to the south LOT SQUARE FOOTAGE: 8,276 SF and the Midtown Global Exchange Building is just blocks away. BUILDING SIZE: 10,000 Square Feet BASEMENT: Unfinished Basement PID: 35-029-24-33-0234 YEAR BUILT: 1946 COUNTY: Hennepin 2017 TAXES: $9,909 TRAFFIC COUNT: 9,927 VPD on Park Ave EXTERIOR: Brick/Block, Sheet Metal Front ROOF: Flat. Age Unknown PARKING: On-Street only

Link to City of Minneapolis Zoning with Permitted & Conditional Uses: https://library.municode.com/mn/ minneapolis/codes/code_of_ordinances? nodeId=MICOOR_TIT20ZOCO_CH546REDI_ ARTIGEPR_546.30PRUSREDI

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 Square Feet - Zoned R4 - Adjacent to Midtown Greenway

ZONING: Minneapolis R4 - Multiple Family District

R4 - Multiple Family District The R4 Multiple-family District is established to provide an environment of predominantly medium density apartments and congregate living arrangements, single-family and twofamily dwellings and cluster developments, on lots with a minimum of five thousand (5,000) square feet of lot area and at least one thousand two hundred fifty (1,250) square feet of lot area per dwelling unit. In addition to residential uses, institutional and public uses and public services and utilities may be allowed.

Link to City of Minneapolis Zoning with Permitted & Conditional Uses: https://library.municode.com/mn/minneapolis/codes/code_of_ordinances? nodeId=MICOOR_TIT20ZOCO_CH546REDI_ARTIGEPR_546.30PRUSREDI

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 Square Feet - Zoned R4 - Adjacent to Midtown Greenway

REALIST TAX: PARCEL OUTLINES

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 Square Feet - Zoned R4 - Adjacent to Midtown Greenway

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FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 Square Feet - Zoned R4 - Adjacent to Midtown Greenway

TRAFFIC: 9,927 VPD on Park Ave Per: Esri Business Analyst

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 Square Feet - Zoned R4 - Adjacent to Midtown Greenway

FOR SALE 2855 Park Ave Minneapolis, MN 55407 10,000 Square Feet - Zoned R4 - Adjacent to Midtown Greenway

Demographic & Income Profile Per: Esri Business Analyst

City of Minneapolis Minneapolis lies on both banks of the Mississippi River, just north of the river's confluence with the Minnesota River, and adjoins Saint Paul, the state's capital. The city is abundantly rich in water, with twenty lakes and wetlands, the Mississippi River, creeks and waterfalls, many connected by parkways in the Chain of Lakes and the Grand Rounds National Scenic Byway. The Minneapolis park system has been called the best -designed, best-financed, and best-maintained in America.

Minneapolis was once the world's flour milling capital and a hub for timber, and today is the primary business center between Chicago and Seattle, with Minneapolis proper containing America's fifth-highest concentration of Fortune 500 companies. The Minneapolis–St. Paul area is the second largest economic center in the Midwest, behind Chicago. As an integral link to the global economy, Minneapolis is categorized as a global city. The economy of Minneapolis today is based in commerce, finance, rail and trucking services, health care, and industry.

Minneapolis is the third-most literate city in the U.S. A center for printing and publishing, Minneapolis was the city in which Open Book, the largest literary and book arts center in the U.S., was founded. The Center consists of the Loft Literary Center, the Minnesota Center for Book Arts and Milkweed Editions.

Minneapolis is home to award-winning restaurants and chefs. As of 2016, four Minneapolis-based chefs have won James Beard Foundation Awards: Alexander Roberts, Restaurant Alma; Isaac Becker, 112 Eatery; Paul Bergland, Bachelor Farmer; and Tim McKee, La Belle Vie. In 2012 Food & Wine magazine named Minneapolis the nation's best and bestpriced new food city. In 2015, profiling chef Gavin Kaysen and Spoon and Stable, Saveur named Minneapolis "the next great American food city." In 2015, Bon Appétit named Spoon and Stable, along with Hola Arepa and Heyday, three of the 50 best places in the U.S. for a meal.

. OFFERED

EXCLUSIVELY BY

MARK HULSEY Managing Broker 651.755.2068 mobile 651.256.7404 office [email protected]

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX Results - Commercial Group