121 Washington Ave Minneapolis, MN 55401
- Commercial real estate
- 62,100 SF
- 0.41 lot acres
Current Use by Public Records
- Western Container Sales / Industrial Equipment Supplier
- Creative Copilot / Video Production Service / Video Editing Service
- SwipeGuide Inc. / Software Company
- Nighthawk Marketing / Video Production Service / Marketing Agency
- Melodic Art Design / Website Designer / Marketing Agency
Property Details for 121 Washington Ave
- Year built
- 1877
- Construction
- BRICK
- Lot size
- 0.41 lot acres
- Property size
- 62,100 SF
- Property type
- Commercial real estate
- APN
- 22-029-24-41-0141
- APU
- 2202924410141
Description
This exceptional Minneapolis office space, located at 121 N Washington Ave, 2nd Floor, in Hennepin County, offers a diverse range of flexible work solutions. The property caters to various business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. Options range from fully furnished and equipped private offices, tailored to individual requirements, to shared coworking areas and hot desks. The space also includes meeting rooms available for hourly, daily, or longer-term bookings, equipped with Wi-Fi and presentation capabilities. For businesses seeking a prestigious address without the commitment of a full-time office, virtual office packages are available, including mail handling and virtual assistant services. Flexible working plans provide access to a global network of workspaces, offering a variety of options for both local and international businesses. Whether your needs are for a single desk or a large office space, this location provides a professional, inspiring, and collaborative work environment in a central Minneapolis location. The property is ideally suited for businesses seeking adaptable and scalable workspace solutions. The building's address is 121 N Washington Ave, 2nd Floor, Minneapolis, MN 55401. While the total square footage is not currently available, the space offers a wide range of options to accommodate various business sizes and needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $14,760,000
- 6.5%
- $14,780,000
- 7%
- $16,095,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $17,130,000
- Geo Method
- $15,260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $15,610,000
- Retail
- $13,380,000
- Mixed-Use
- $15,920,000
- Hospitality
- $14,685,000
- Educational
- $14,130,000
- Residential Income
- $13,640,000
- Energy
- $13,825,000
- Income-Based Land
- $12,640,000
- Food Service
- $14,120,000
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.2714
- Latitude
- 44.9833
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
