2520 White Bear AveMaplewood, MN 55109

  • Office buildings
  • 14,638 SF
For Lease

Property Details for 2520 White Bear Ave

Year built
2002
Construction
WOOD FRAME
Lot size
4.03 AC
Property size (Sq ft)
14,638 SF
Property type
Office buildings
APN
11-29-22-24-0032
APU
112922240032

Description

This exceptional commercial property at 2520 White Bear Ave in Maplewood, Minnesota, offers a unique opportunity for businesses seeking executive office space. Located in Ramsey County, this retail and office building boasts a total of 5,375 square feet, currently entirely vacant and ready for immediate occupancy. The space is divisible, with a minimum leasable area of 1,452 square feet and a maximum contiguous space of 3,923 square feet, providing flexibility for various business needs. Multiple tenancy options are available, making it ideal for a single large tenant or several smaller businesses. The property features ample parking with 100 spaces available for tenants and their clients. The building's address is 2520 White Bear Ave, Maplewood, MN 55109. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the thriving Maplewood market. The property is categorized as both retail and office space, offering versatility for a range of business types. Interested parties are encouraged to inquire about lease terms and availability. The entire 5,375 square feet is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,691,272
    6.5%
    $2,484,251
    7%
    $2,306,805
  • Comparable approach

    Method
    Valuation
    Relative Method
    $747,124
    Geo Method
    $747,124
  • Alternative Use

    Use
    Valuation
    Residential
    $3,080,472
    Hospitality
    $2,821,695
    Educational
    $2,347,618
    Medical
    $2,428,356
    Retail
    $3,651,849
2520 White Bear Ave, Maplewood, Minnesota

Location Insight

City
Maplewood
County
Ramsey
State
Minnesota
Latitude
45.0169
Longitude
-93.0186
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$68,260
$1,037,800
$1,362,000
$2,399,800
-
$1,037,800
$1,362,000
$2,399,800

FAQs

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