Minneapolis Office and Warehouse
For Sale
$1,300,000
Pending
3400 Cheatham Avenue, Minneapolis, MN 55406
50,000+ sqft building with office and warehouse space for sale.
Property Size40,000 SF
Lot Size1.36 Acres
Days on Market821
Property Features for 3400 Cheatham Avenue
General Information
Standard status
Pending
Size
40,000 SF
Lot size
1.36 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1907
Listing Agency:
Coldwell Banker Realty
(612) 388-7191
Listed By:
Tina P. Buss
(612) 388-7191
Source:
Exitrealty
Added: May 22, 2024
Changed: Jul 6
Last Checked: Jul 23 at 5:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This building, known as the Minneapolis Seed Company, offers over 50,000 square feet of space suitable for office and warehouse use. The property includes a non-active railway spur. The office space, totaling over 19,000 square feet on the south side of the building, has been remodeled on the 2nd and 3rd floors to meet current market demands. It features conference rooms, private offices, breakrooms, and bathrooms. The main level has been updated, showcasing original exposed concrete columns to highlight the warehouse and storage areas. Many original architectural aspects are still visible throughout the building. Loading docks and garages are available. Leases are currently in place for the remaining spaces, including warehouse, storage, basement, and parking areas, with multiple tenants. The owner/operator will vacate the main office and their warehouse/storage space, totaling 19,000 sqft, for the new owner. The zoning is designated as PR2 and T10 districts.
Key Highlights
- 50,000+ sqft building suitable for office and warehouse use.
- 19,000+ sqft remodeled office space with conference rooms, private offices, and breakrooms.**
- Leases in place for remaining warehouse, storage, basement, and parking areas, providing income potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
790
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55406, MN
34,588
Population
17,439
Households
2
Avg Household Size
39
Median Age
56%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
6,918
Density / Sq Mi
$91,865
Median Household Income
$56,291
Median Earnings
$1,276
Median Rent
$335,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 50,000+ sqft building with office and warehouse space for sale.
Where is this flex space located?
The property is located at 3400 Cheatham Avenue Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 50,000+ sqft building suitable for office and warehouse use.; 19,000+ sqft remodeled office space with conference rooms, private offices, and breakrooms.**; Leases in place for remaining warehouse, storage, basement, and parking areas, providing income potential.
