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2220 Riverside Ave 122,378 sq ft Office Property Minneapolis, MN 55454 For Sale
INVESTMENT HIGHLIGHTS
- Close proximity to Interstate 35W and I-94.
- Synergistic use of adjacent parking ramp.
- Property is land leased through 10/23/2049 with 10 year extension.
- Adjacent to M Health Fairview Campus and Augsburg University.
- Within minutes of downtown Minneapolis and St. Paul.
EXECUTIVE SUMMARY
Professional and medical office building completed in 1990.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Property Size
122,378 sq ft
Costar Property Class
B
Year Built
1990
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
18,595 sq ft
Floor To Floor Height
12 ft 6 in
Plot ratio
2.38
Total Plot Size
1.18 ac
Opportunity Zone
Yes
Use Class
OR3
Parking
500 Spaces (5.38 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
- Signage
- Skyway
1 1
Walk Score®
Easily Walkable (80)
Transit Score®
Excellent Public Transport (71)
Bike Score®
Ideal For Cyclists (94)
PROPERTY TAXES
| Parcel Number | 25-029-24-31-0096 | Improvements Assessment | £6,403,636 |
| Land Assessment | £709,292 | Total Assessment | £7,112,928 |
PROPERTY TAXES
Parcel Number
25-029-24-31-0096
Land Assessment
£709,292
Improvements Assessment
£6,403,636
Total Assessment
£7,112,928
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2220 Riverside Ave
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