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    1618-1622 NE Central Ave Minneapolis, MN 55413

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    For Lease
    $7 SF/Yr ($1,207 /Mo)

    Flex space with high ceilings and heavy power available for rent.

    Property size:
    1,932 SF
    Lot size:
    5.68 Acres

    Property Features for 1618-1622 NE Central Ave

    General Information

    Size
    1,932 SF
    Lot size
    5.68 Acres

    Source: Bohm Commercial Real Estate Agent Jon Sander

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

    Overview

    Minneapolis Flex Space Available

    This flex space, suitable for industrial and warehouse use, offers an $8.52 per square foot annual rate covering tax, CAM, and utilities. The first-floor space features high ceilings, heavy floor load, heavy power, a sink, and access to common docks. Base building improvements and renovations include demolition of interior walls, a new LED lighting plan, inspection and repair or replacement of steam heating system return line slopes, traps, and valves as needed, construction cleaning, and an architectural fit plan. A tenant improvement allowance is available to be amortized over the term. The property is offered in "as is, where is" condition and comprises 1,932 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Similar Places Nearby

    Saint Paul's Finest, Brasa Premium Catering, Bealicious Eggrolls

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.247452
    Latitude
    45.004474

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    FAQs

    What type of property is this?
    Flex space - Flex space with high ceilings and heavy power available for rent.
    Where is this flex space located?
    The property is located at 1618-1622 NE Central Ave Minneapolis, MN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Low cost: $8.52 SF/year includes Tax, CAM, and Utilities; - Tenant improvement allowance available; - Heavy floor load and heavy power
    (612) 788-9770
    Request Owner's contact information
    1618-1622 NE Central Ave Minneapolis, MN 55413
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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
    1618-1622 NE Central Ave Minneapolis, MN 55413
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