1533-1559 Larpenteur Ave, Falcon Heights, MN 55113
Falcon Crossing, a single-story, 27,000 square foot retail and office building in Falcon Heights, Minnesota, offers exceptional executive office space. Built in 1985 and situated at 1533-1559 West Larpenteur Avenue, this highly visible brick building boasts a desirable location near major shopping centers (Rosedale and HarMar malls), the University of Minnesota's St. Paul campus, and the Minnesota State Fairgrounds. The property features three suites available, ranging from 1,183 to 1,526 contiguous square feet, with a 12'6" ceiling height. Ample surface parking is provided with a ratio of 4.5 stalls per 1,000 square feet, totaling 98 spaces. The building enjoys a strong tenant mix including national and local businesses. This well-maintained property, upgraded by the previous owner, consistently maintains high occupancy rates, making it an attractive investment opportunity in a thriving commercial area. Located in Ramsey County, zip code 55113, this property presents a unique chance to establish a presence in a high-traffic, high-visibility location. The property is conveniently situated at the corner of Larpenteur and Snelling Avenues.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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