For Sale: Brooklyn Center MLS# 7032650
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Property Description
Presenting a well-appointed, 9, 459 square foot multi-tenant office building, an exceptional property that has been family-owned for many years. This represents a rare opportunity for both investors and business owners. The versatile floor plan can accommodate a variety of business needs, making it a flexible option for any entrepreneur or company. Centrally located, the building offers excellent visibility and accessibility, ensuring convenience for both tenants and clients. The newer parking lot adds to the functionality, while large, inviting windows fill the interior with natural light, creating a pleasant working environment. Constructed with low-maintenance brick, this property includes an elevator for easy accessibility to all levels, catering to a diverse range of tenants. All leases are structured as full-service gross rates, providing simplicity and predictability for tenants, which adds to the building's appeal. Moreover, there is significant potential to increase rental rates and sign longer leases, allowing for enhanced revenue growth. This space is ideal for an owner-occupier, as it can be utilized entirely or partially, providing enhanced flexibility for various business needs. This well-maintained building stands as an outstanding investment opportunity in a desirable location, making it a perfect addition to your portfolio or an excellent choice for establishing your business in a thriving suburban community. Don’t miss your chance to own this exceptional property!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$950,000
Property Type:
Commercial
City:
Brooklyn Center
Garage Spaces:
0
County:
Hennepin
Year Built:
1987
State:
MN
Property Style:
2 Stories
Zip Code:
55429
Subdivision Name:
Quirks Rearrangement
Interior
Ceiling Height:
8-10
Basement Details:
Partial
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
4,808 ft2
Handicap Accessible:
Doors 36"+, Accessible Elevator Installed, Door Lever Handles, Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Parking Lot
Road Frontage:
City Street
Exterior Material:
- Block
- Frame
- Steel Siding
Roof Details:
Rubber
Lot & Land
Acres:
0.69
Geolocation:
45.057, -93.325037
Inclusions:
Building
Lot Dimensions:
200 x 143
Zoning:
Business/Commercial
Schools
School District:
1271
District Phone:
7635048000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$24,397
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$24,397
Income
Annual Gross Income:
$162,401
Units
Total Units:
15
Miscellaneous
Current Use:
Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Hot Water Common
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Mitchell Realty LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.