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Multi-Tenant Office Building
For Sale
$2,000,000

5701 Kentucky Avenue N, Crystal, MN 55428

Commercial Sale, Crystal, MN

Property Size17,985 SF
Lot Size1.49 Acres
Price / SF$111.20
Days on Market140

Property Features for 5701 Kentucky Avenue N

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Business/Commercial, Industrial
Subdivision Palmer Add
High school district Robbinsdale
Directions 2800 North 2nd Street, Minneapolis, MN 55411
Standard status Active
APN 0511821420066
Lot size 1.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 46728

Building Details

Year built 1981
Listing Agency: Keller Williams Integrity Realty · Keller Williams Realty
Listed By: Rustam Muharamov
Added: May 19 Changed: Oct 5 Last Checked: Oct 5 at 11:06AM
MLS# 7077270

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 17,985-square-foot office property in Crystal contains 21 units occupied by 14 tenants. Built in 1981 and updated in 2020, the building sits on a 1.49-acre parcel. Its multi-tenant configuration is suited to office and service uses, and the property is fully leased and occupied.

Highways 169 and 100, along with Bass Lake Road, are nearby. The location provides access to Downtown Minneapolis and surrounding business areas.

Key Highlights

  • 17,985 SF office building with 21 units and 14 tenants
  • Fully leased and occupied
  • Built in 1981; updated in 2020

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Locksmith (Bike/Boat/Book/etc) Store Bakery Veterinary Clinic Furniture & Home Goods

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

789
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fourteen tenants occupy 21 office units, with access to Highways 169 and 100 and Bass Lake Road.
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 SF office building with 21 units and 14 tenants; Fully leased and occupied; Built in 1981; updated in 2020
More about this property
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