8700 W 36th St - Office FOR SALE


Saint Louis Park, MN 55426
$2,700,000 USD
612-963-5147
8700 W 36th St, Saint Louis Park, MN for Sale
$2,700,000 USD
Office - FOR SALE
1/30
null | Request Cap Rate

8700 W 36th St
Saint Louis Park, MN 55426


OVERVIEW

Professionally updated multi-tenant office building in the heart of St. Louis Park, with proximity to bus line, restaurants, and Knollwood Mall. Sitting on 1.25 Acres, this property has ample free off-street parking, easy access to Highways 169, 7 & Excelsior Boulevard. Building is currently at ~ 86% Occupancy, with the ability to add revenue for an investor or enough available space to customize as an owner-user opportunity. Variety of suite sizes and professional service tenants in the building, visible monument signage and updated mechanicals, make this a very efficient building and option for small to mid-sized businesses, which is in high demand in today's market. Current owner takes pride in a well maintained property and overall site. ** ~$940K in 3rd-Party Financing stays with this property (at ~3.25% interest) **

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

8700 Professional Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

N/Av, St Louis Park

APN/PARCEL ID

18-117-21-42-0145

ASK ABOUT THIS PROPERTY

Chad HeerSummit Commercial Real EstateMore Info
612-963-5147

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Chad HeerSummit Commercial Real EstateMore Info
612-963-5147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.