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3501 Hiawatha Ave

82,410 SF Industrial Building Minneapolis, MN 55406 $506,275 CAD ($6 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Redevelopment opportunity. City will support multi-family development at this site. Full block development site of 2.4 acres.
  • On Hiawatha Avenue between downtown Minneapolis and Minneapolis/St. Paul International Airport.
  • The 38th Street Light Rail Transit (LRT) Station is 2 blocks south of this site.
  • The site is zoned I2, with an IL, Industrial Living, overlay.

FINANCIAL SUMMARY (ACTUAL - 2021)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $39,497 $0.48
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2021)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $39,497
Annual Per SF $0.48
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $506,275 CAD
Price Per SF $6 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.38 AC
Rentable Building Area 82,410 SF
No. Stories 1
Year Built 1914
Tenancy Single
Parking Ratio 0.36/1,000 SF
No. Dock-High Doors/Loading 1

AMENITIES

  • Bus Line

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Manufacturing
  • 45,377 SF
  • -
  • -

Solutions novatrices en matière de nutrition, du champ au produit. Forts de plus de 75 ans d'expérience, ils utilisent leurs connaissances approfondies de l'industrie, leurs connaissances du marché et leur expertise en innovation pour créer des solutions pour aujourd'hui et demain. ADM est un chef de file mondial en nutrition humaine et animale. Ils utilisent le pouvoir et les ressources de la nature pour créer des ingrédients et des solutions qui génèrent une alimentation sûre, saine et durable pour les personnes et les animaux du monde entier. ADM aide à apporter des solutions nutritionnelles à ceux qui en ont besoin. De leur vaste portefeuille d'ingrédients qui peuvent satisfaire les goûts et répondre aux besoins nutritionnels à leur capacité à innover des formules complètes, des solutions nutritionnelles pertinentes pour le consommateur et fondées sur la science de manière proactive ou par la co-création avec les clients. Et grâce à leurs années d'implication dans le monde de la nutrition, ils ont également créé des capacités pour gérer de manière durable et ajouter de la valeur à chaque partie de la chaîne d'approvisionnement mondiale de la nutrition.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Manufacturing 45,377 SF - -
Bike Score®
Biker's Paradise (97)
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
01-028-24-41-0142
Land Assessment
$1,150,801 CAD (2023)
Improvements Assessment
$108,499 CAD (2023)
Total Assessment
$1,259,300 CAD (2023)

ZONING

Zoning Code I2
I2
  • Listing ID: 19330983

  • Date on Market: 2020-04-24

  • Last Updated:

  • Address: 3501 Hiawatha Ave, Minneapolis, MN 55406

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