2722 Park AveMinneapolis, MN 55407

This exceptional investment opportunity presents a prime Minneapolis office complex situated on a combined 1.4-acre lot encompassing two parcels: 2722 Park Ave, a Class B office building, and the adjacent vacant lot at 2742 Park Ave. The existing building at 2722 Park Ave offers 12,671 square feet of versatile space, currently boasting 90% occupancy under a gross lease structure. The building is categorized as both Creative and Traditional Office space, catering to a diverse range of potential tenants. The asking price for this multi-tenant property is $2,850,000, translating to a price per square foot of $224.92. The property's strong performance is reflected in its attractive 7.00% capitalization rate. The combined 1.4-acre lot presents significant potential for future development or expansion, adding considerable value to this already impressive offering. This property is being offered for sale by owner and presents a rare opportunity to acquire a well-established, high-performing asset in a desirable Minneapolis location. The property is located in Hennepin County, Minnesota, with a Minneapolis zip code of 55407.