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    9545 S Penn Ave Bloomington, MN 55431

    For Lease
    $6,595,000

    High-quality automotive/retail showroom with service bays and ample parking.

    Property size:
    28,300 SF
    Lot size:
    5.03 Acres

    Property Features for 9545 S Penn Ave

    General Information

    Size
    28,300 SF
    Lot size
    5.03 Acres

    Source: Commercial Realty Solutions LLC Agent Joseph W Elam

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bloomington Automotive/Retail Showroom For Rent

    This property features great architecture and quality construction. The indoor showroom sales area boasts a 20' clear height, complemented by a reception area, parts sales, and guest services area. It includes a board room, conference room, and multiple private offices. In-floor heat is present throughout the office area, along with forced air. The shop area includes six service bays, each 56' deep, and a wash bay measuring 50' deep x 22' wide. An exterior heated apron is available. The shop and office areas both benefit from in-floor heating. Floor drains, a flammable waste trap, oil reels and tanks are installed in the shop. Electrical capacity is provided by a 1200 amp 3 phase 4 wire system. There are ten overhead doors, including seven measuring 14' x 14', one 10' x 10', and one 10' x 14'. The clear height in the shop area is 18'3". An elevator is available. The property offers 83 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Corporate Car and Coach, Edina car rental, AMSP Airport Limousine Rental - Travel Limousine Rental & Tour Limo, Cargreen Rent a Car, Budget Truck Rental

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3077776
    Latitude
    44.8315

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    FAQs

    What type of property is this?
    Automotive property - High-quality automotive/retail showroom with service bays and ample parking.
    Where is this automotive property located?
    The property is located at 9545 S Penn Ave Bloomington, MN.
    What are key features of this property?
    This property features: - (6) Service Bays 56' Deep Each, catering to extensive service operations.; - Indoor Showroom Sales Area with 20' Clear Height, ideal for showcasing products.; - 1200 Amp 3 Phase 4 Wire electrical service, supporting high-power equipment.
    (320) 282-8410
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    9545 S Penn Ave Bloomington, MN 55431
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    Bloomington, MN 55431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9545 S Penn Ave Bloomington, MN 55431
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