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2220 Riverside Ave

122,378 SF Office Building Minneapolis, MN 55454 For Sale

Investment Highlights

  • Close proximity to Interstate 35W and I-94.
  • Synergistic use of adjacent parking ramp.
  • Long-term lease value driven through incentives, rates, terms, and exclusivity.
  • Adjacent to M Health Fairview Campus and Augsburg University.
  • Within minutes of downtown Minneapolis and St. Paul.
  • Property is land leased through 10/23/2049 with 10 year extension.

Executive Summary

Professional and medical office building completed in 1990.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
122,378 SF
Building Class
B
Year Built
1990
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
18,595 SF
Slab To Slab
12’
Building FAR
2.38
Lot Size
1.18 AC
Opportunity Zone
Yes
Zoning
OR3
Parking
500 Spaces (5.38 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Skyway
Walk Score ®
Very Walkable (78)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-029-24-31-0096
Land Assessment
$1,346,347 CAD
Improvements Assessment
$13,280,213 CAD
Total Assessment
$14,626,560 CAD
  • Listing ID: 21091279

  • Date on Market: 2020-09-29

  • Last Updated:

  • Address: 2220 Riverside Ave, Minneapolis, MN 55454

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