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21-Unit Office Building

5701 Kentucky Avenue N, Crystal, MN 55428

For Sale
$2,000,000

The fully occupied property accommodates 14 tenants across a multi-suite office configuration.

Property Size17,985 SF
Price / SF$111.20
Days on Market28

Property Features for 5701 Kentucky Avenue N

General Information

Standard status Active
Size 17,985 SF
Property subtype Commercial
Zoning Business/Commercial, Industrial
Occupancy 100%

Additional Details

Highway Access Yes
Office Units 21
Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $46,728

Building Details

Year Built 1981
Year Renovated 2020
Buildings 1
Stories 1
Units 21
Building Size 17,985 SF
Tenancy Multi
Listing Agency: Keller Williams Integrity Realty
Listed By: Rustam Muharamov · License #40413417
Source: Kerbercastle
Added: Oct 13 Changed: Nov 7 Last Checked: Nov 8 at 7:32PM

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 Keller Williams Integrity Realty

Rey
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Investment Insights

Based on property information with market context.

This 17,985-square-foot office property contains 21 units and is occupied by 14 tenants. Constructed in 1981, the building received updates in 2020. Its zoning designations are Business/Commercial and Industrial, and the space is arranged for office use.

Located in Crystal, the property is near Highway 169, Highway 100, and Bass Lake Road, with access to Downtown Minneapolis and nearby business areas. The multi-tenant layout and existing occupancy define the building’s current commercial configuration.

Key Highlights

  • 17,985‑square‑foot office building
  • 21 units occupied by 14 tenants
  • Built in 1981 and updated in 2020

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Garden Center Dental Office Cafe & Coffee Shop Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby

Demographics for 55428, MN

31,896
Population
13,495
Households
2.4
Avg Household Size
37
Median Age
29%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
3,938
Density / Sq Mi
$69,004
Median Household Income
$43,173
Median Earnings
$1,291
Median Rent
$277,900
Median Home Value

Market

Properties on Market for Office buildings in Hennepin County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - The fully occupied property accommodates 14 tenants across a multi-suite office configuration.
Where is this office building located?
The property is located at 5701 Kentucky Avenue N Crystal, MN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 17,985‑square‑foot office building; 21 units occupied by 14 tenants; Built in 1981 and updated in 2020
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