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LIGHT INDUSTRIAL PROPERTY FOR SALE
THORP
BUILDING & CENTRAL BUSINESS CENTER
1618 & 1620
CENTRAL AVENUE NE
MINNEAPOLIS, MINNEAPOLIS
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Purchase Price |
$9,000,000 |
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Building Size |
250,000 SF
- 1618 & 1620 Central Ave. NE are connected |
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Building Uses |
Creative Light Industrial Space, Office,
Warehouse, Destination Retail, Commercial Art, Art Studio,
Commercial
Photography Studio, Print Making, Prop. or Costume Storage/Design, Build-to-Suit
Performance Theater, etc. |
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Land Size |
6.88 Acres |
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Clear Height |
16' - 22'
Clear, High Bays 27' to the deck |
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Column Spacing |
40' x 20' & 25' x 20' |
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Docks |
2 Grade
Level, 12 Dock High |
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Power |
Direct Feed From Xcel Energy, 480, 3
Phase, 240, 220, 208, & 120 |
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Central Business Center Features |
Massive
steel beam and strut construction,
Wood tongue and groove ceilings,
Heavy load floors 4'' - 6" concrete slap at 3 feet above
bedrock,
13 loading docks; 6 common docks, 1 with a load
leveler, 1 at grade, 1 pick-up level and 4 semi-high. |
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Thorp Building Features |
Wood
column and beam construction,
Brick walls,
Historic building,
Wood floors,
Artistic community; Birth place of Art-a-Whirl,
1 pick-up level common loading dock. |
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Other Features |
Professional Onsite Management & Maintenance Team,
Synergistic
Tenant Community,
Coffee and Sandwich Shop,
Compressed Air,
Bridge
Cranes,
Fully Sprinkled,
DSL, T-1 Service, Cable Modem,
Fiber in
Central Avenue. |
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Year Built |
Thorp Building - 1903
Central Business Center - 1935 |
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Parking |
Approximately 1/1000 SF |
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Legal Description |
Lots 2 and
3 and that part of Lot 1 or Aud Subdivision No 29 lying W of the E 174 ft.
thereof and that part of Lots 4 and 5 block 5 of Johnson's addition |
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PID Number |
14-029-24-11-0004 |
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Zoning |
I-1 /
Industrial Living Overlay District |
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2007 Real Estate Taxes |
$106,573.70 |
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Listing Agent |
Jon Sander |
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All data herein
quoted was obtained from sources believed to be reliable. However,
Bohm Commercial Real Estate cannot assume responsibility for the
accuracy of such data and expressly disclaims any liability for
errors or inaccuracies. Any interested person should satisfy
himself or herself as to the accuracy of such data. Property
is subject to price change, prior sale or lease and withdrawal from
the market, all without notice.
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