This website uses "cookies" to ensure you get the best experience on our website. Using this website means you're OK with it.
Note
Lakeside Avenue Building Lakeside Avenue Building Lakeside Avenue Building Lakeside Avenue Building
Property Overview
Price/Rent PSF $ 4,250,000.00
Asset Type Industrial
Trade Type Sale & Lease
SQ. FT. Available 48,680
Date Available 01/15/2018
Additional URL Link
Search Demographic Data Explore financing options
Click to add the listing to favorites
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.
Copy iframe
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.
Make a Note
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.
Add to Listing Report
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.
Export PDF
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.
Description

PENDING -Centrally Located Light Industrial Building For Sale In Minneapolis!

434 Lakeside Ave is a highly desirable North Loop location offering direct visibility to I-94 with over 109,000 vehicles passing by each day. The parcel is over 2 acres and located in the heart of Minneapolis next to the Farmer’s Market; blocks to Target Field and Target Center, and steps to the future Royalston Light Rail Station.

This offering has excellent potential for either an owner/user looking to maximize the central location, or a re-development opportunity for one of the last available parcels in the Lower North Loop area. The building is fully leased to two tenants. The owner, Accent Fixtures, occupies 32,680 SF and is flexible either leasing or relocating. Litin Party Value occupies 16,000 SF and has a lease in place.

Highlights and Features:
• Building: 48,680 sf
• Year built/renovated: 1961/1965
• Lot size: 2.09 Acres
• Clear height: 12’ Office/Showroom, 18’ Warehouse
• 3 dock doors and 1 drive in service door
• Fully sprinklered
• Climatized warehouse
• Parking: 50 spaces
• Excellent visibility from I-94
• Redevelopment area
• Zoning: I-1 allows for a variety of uses including MUH,
Office, Retail or Industrial
• Traffic Counts: I-94 – 109,000 vpd

For Sale:
• Building: 48,680 sf
• Sale Price: $4,250,000.00 ($87.30 psf)
• 2017 Tax: $83,278.52

For Lease:
• Office/Showroom: 9,500 sf
• Office Rate: $10.00 NNN psf
• Warehouse: 23,180 sf
• Warehouse Rate: $4.75 NNN psf
• 2017 CAM & Tax: $2.15 psf

Location

Are you sure you want to delete your listing

We recommend you archive listings rather than delete them, for future reference.

Can we add this to our comparable database?

Are you sure you want to archive your listing

Can we add this to our comparable database?

Please type your email and we'll send you the mail with all pdfs attached. You can also download each pdf from the list below.

Are you sure you want to delete your account

Are you sure you want to delete your account

Are you sure you want to delete your account

You are not registered or logged in.

You must be registered or signed in for this action.