312 Central AveMinneapolis, MN 55414

Property Details for 312 Central Ave

Year built

1974

Construction

TILT-UP CONCRETE

Lot size

1.26 AC

Property size (Sq ft)

64,115 SF

Zone code

C3A

Property type

Commercial real estate

APN

23-029-24-13-0071

APU

2302924130071

Description

The United Labor Centre, a five-story, Class C building at 312 Central Ave SE, Minneapolis, MN 55414, offers 80,064 square feet of versatile office and retail space. Built in 1974, this multi-tenant property boasts nine available units ranging from 173 to 2,990 square feet, ideal for businesses of various sizes. A significant 2,300 square foot retail/restaurant space is available on the ground floor, along with smaller office spaces on the upper floors. A large conference room is available for tenant use. The building benefits from a convenient location, offering easy access to I-35W via SE 4th Street and University Avenue SE. Its proximity to Central Avenue SE and the Minneapolis Riverfront provides employees and patrons with a vibrant urban environment, featuring numerous dining, entertainment, and shopping options including Lunds Market, Caribou Coffee, Chipotle, Aster Cafe, Jefe Urban Cocina, Restaurant Alma, Surdyk's, Kramarczuk's, and the Nicollet Island Inn. The area also offers multiple walking and biking paths along the river. Ample parking is provided in a dedicated surface lot, with a parking ratio of 1.35 spaces per 1,000 square feet. Annual property taxes are $13.53 per square foot.

• Alternative Use

  Use

  Valuation

  Residential

  $13,492,583

  Hospitality

  $12,359,133

  Educational

  $10,282,654

  Medical

  $10,636,290

  Retail

  $15,995,239

Location Insight

City

Minneapolis

County

Hennepin

State

Minnesota

Latitude

44.9868

Longitude

-93.2539

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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