785 53 AveFridley, MN 55421

  • Commercial real estate
  • 26,108 SF
For Lease
$18/SF/YR View listing

Property Details for 785 53 Ave

Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.36 AC
Property size (Sq ft)
26,108 SF
Property type
Commercial real estate
APN
23-30-24-44-0007
APU
233024440007

Description

This exceptional retail opportunity is located at 785 53rd Ave NE in Fridley, Minnesota, zip code 55421. The property, built in 1978 and renovated in 2002, boasts a total of 25,000 square feet of retail space across multiple tenancies. Currently, there is 3,535 square feet of vacant space available, with a minimum divisible unit size of 1,577 square feet and a maximum contiguous space of 1,958 square feet. One available space is 2,001 square feet. The property offers ample parking with 50 surface spaces for customers and employees. Its strategic location provides unmatched access to the entire metro area, conveniently situated off I-694 and Highway 65, ensuring high visibility and convenient access for customers. This multi-tenant retail center presents a fantastic opportunity for businesses seeking a well-established and easily accessible location in a thriving community. The property's recent renovations ensure modern amenities and a well-maintained environment. This is an ideal space for a variety of retail uses. Contact us today to schedule a showing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,494,258
    Hospitality
    $5,032,711
    Educational
    $4,187,156
    Medical
    $4,331,159
    Retail
    $6,513,354

Location Insight

City
Fridley
County
Anoka
State
Minnesota
Latitude
45.0658
Longitude
-93.2487
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
2024
$76,187
$729,800
$1,988,900
$2,718,700
-
$729,800
$1,988,900
$2,718,700

FAQs

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