522 Faxon N Rd Norwood Young America, MN 55368-9734
- Office buildings
- 3,488 SF
- 1.03 lot acres
Jul 12, 2021
Current Use by Public Records
- Scott R. Timm / Attorney
- Book Works MN / Bookkeeping Service / Service Establishment
- Farmers Insurance / Home Insurance Agency / Life Insurance Agency
Property Details for 522 Faxon N Rd
- Year built
- 1985
- Lot size
- 1.03 lot acres
- Property size
- 3,488 SF
- Property type
- Office buildings
- APN
- 58-0144750
- APU
- 580144750
Description
The Faxon Business Center, a 1,255 square foot building situated on the Highway 212 Business Corridor in Norwood Young America, offers multiple suites for lease. Built in 1980 and extensively renovated in 2018 (roof updated in 2002), this property boasts 36+ parking spaces and prominent monument signage on Faxon Road. The C-2 General Commercial zoning allows for diverse business uses. The building features a mix of executive and traditional office spaces, along with storefront options, making it ideal for a variety of tenants. Located near Old National Bank, retail shops, and restaurants, this property benefits from excellent visibility and access to a growing workforce. The pro-business environment of Norwood Young America and its active chamber of commerce further enhance its appeal. Tenant improvements are available for qualified tenants. The modified gross rent is $18.00 per square foot, with utilities separate. This is a rare opportunity to secure high-quality office space in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norwood Young America
- County
- Carver
- State
- Minnesota
- Longitude
- -93.918
- Latitude
- 44.7728
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
