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    2201 37Th Ave Columbia Heights, MN 55421

    For Sale
    Contact for pricing

    Prime Retail Space, High Traffic Area, MN

    Property size:
    42,072 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Apache Center, located at 2201 37th Ave NE in Columbia Heights, Minnesota (zip code 55421), presents a significant retail investment opportunity. This multi-tenant property, encompassing 42,072 square feet, is currently available for sale by owner. The property's convenient location within a high-traffic retail area offers exceptional visibility and accessibility for businesses. The building's versatile design allows for a wide range of commercial uses, including but not limited to grocery stores, convenience stores, storefronts, wholesale operations, warehouse space, restaurants, event centers, wedding halls, daycare centers, and professional offices. The property's occupancy date was February 1st, 2023. This is an owner/user investment opportunity, ideal for businesses seeking to establish a strong presence in a thriving commercial district. The property is situated in Anoka County and offers significant potential for growth and profitability given its size and location within a busy retail area. The diverse range of potential uses makes this a highly attractive option for a variety of commercial enterprises. Serious inquiries are encouraged.

    Property Features for 2201 37Th Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    42,072 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia Heights
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.229007065513
    Latitude
    45.03596905254

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, High Traffic Area, MN
    Where is this individual retail property located?
    The property is located at 2201 37Th Ave Columbia Heights, MN.
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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
    2201 37Th Ave Columbia Heights, MN 55421
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