Flour Exchange Building | 310 4th Ave S
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Flour Exchange Building 310 4th Ave S
93,352 SF 34% Leased Office Building Minneapolis, MN 55415 £3,716,638 (£40/SF)
Investment Highlights
- Small floor plates (7,500-9,500 SF) allows flexibility in use
- Active residential development in area
- Shared office legal floors allows for higher PSF rents
- Value-add opportunity (34.2% leased)
- Potential residential conversion (historical credits)
- Great access to I-35W and I-94
Executive Summary
Provides an investor the opportunity to add value or to occupy as a user.
Potential residential conversion via Historic Tax Credit Incentive
Potential residential conversion via Historic Tax Credit Incentive
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
93,352 SF
Building Class
B
Year Built
1892
Price
£3,716,638
Price Per SF
£40
Percent Leased
34%
Tenancy
Multiple
Number of Floors
12
Typical Floor Size
7,779 SF
Zoning
Minneapolis - DT1 - Downtown Center (mixed-use)
Amenities
- Natural Light
- Air Conditioning
- Smoke Detector
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Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (85)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
Parcel Number | 23-029-24-33-0035 | Improvements Assessment | £2,247,979 |
Land Assessment | £1,586,026 | Total Assessment | £3,834,005 |
PROPERTY TAXES
Parcel Number
23-029-24-33-0035
Land Assessment
£1,586,026
Improvements Assessment
£2,247,979
Total Assessment
£3,834,005
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Flour Exchange Building | 310 4th Ave S
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