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Commercially Zoned Building with Parking
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999 50th Ave NE, Columbia Heights, MN 55421

Two-level building with parking, suitable for owner occupant or multi-tenant.

Property Size12,446 SF
Price / SF$88.38
Days on Market869

Property Features for 999 50th Ave NE

General Information

Standard status Active
Size 12,446 SF
Class C
Property subtype Mixed Use, Office, Retail, Senior Living
Zoning GB
Investment Type Owner/User

Building Details

Year Built 1976
Stories 2
Listing Agency: eXp Commercial
Listed By: Martin "Marty" Turner · License #MN 40381279
Source: Crexi
Added: Mar 26, 2024 Changed: Aug 11 Last Checked: Jul 16 at 6:06AM

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 eXp Commercial

Investment Insights

Based on property information with market context.

This commercially zoned, two-level building offers 12,446 square feet of space. Constructed in 1976, the building features approximately 6,200 square feet per floor, with 9-foot ceilings on the upper level and up to 10-foot ceilings in the lower level. A parking lot with 46 spaces is included, with additional street parking available. The property is located in a general business district where over 40 uses are available. The building is being sold "AS IS" and requires over $400,000 of repairs and updates. The sellers are open to considering contract for deed for up to 24 months or a lease with the option to buy. Vacant for over 3 years, this property presents possibilities for an owner occupant or multi-tenant building. The property is located in Columbia Heights, MN.

Key Highlights

  • 12,000+ SF Commercially Zoned Building with over 40 permitted uses.
  • Seller financing (C/D up to 24 months) or Lease to Own options available.
  • 46 space parking lot plus street parking.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Parking Lot & Garage Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby

Demographics for 55421, MN

30,580
Population
13,247
Households
2.3
Avg Household Size
37
Median Age
34%
College-Educated
90%
High-School Grad
6.3 sq mi
ZIP Area
4,854
Density / Sq Mi
$75,141
Median Household Income
$44,242
Median Earnings
$1,281
Median Rent
$260,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level building with parking, suitable for owner occupant or multi-tenant.
Where is this mixed-use property located?
The property is located at 999 50th Ave NE Columbia Heights, MN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 12,000+ SF Commercially Zoned Building with over 40 permitted uses.; Seller financing (C/D up to 24 months) or Lease to Own options available.; 46 space parking lot plus street parking.
More about this property
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