7204 27Th St St. Louis Park, MN 55426
- Industrial properties
- 190,800 SF
- 2.35 lot acres
Current Use by Public Records
- WebBizIdeas / Website Designer / Software Company
- Al-Anon & Alateen / Association / Organization / Addiction Treatment Center
- Lakeway Appraisal / Real Estate Agency / Real Estate Appraiser
- Enterra Realty / Real Estate Agency
- Metro Snack Market / Delivery Service / Photography Studio
Property Details for 7204 27Th St
- Year built
- 1971
- Lot size
- 2.35 lot acres
- Property size
- 190,800 SF
- Property type
- Industrial properties
- APN
- 08-117-21-31-0002
- APU
- 811721310002
Description
This exceptional commercial property in St. Louis Park, Minnesota, offers a unique opportunity for businesses seeking executive office space. Located at 7204 W 27th St, 55426, this mixed-use building boasts 41,000 square feet, encompassing retail and office space. The building, originally constructed in 1971 and extensively renovated in 2022, is classified as Class C. Currently, there are 2,100 square feet of vacant space available, divisible into units ranging from a minimum of 600 square feet to a maximum contiguous space of 1,500 square feet, ideal for small to medium-sized businesses. The property sits on a generous 2.38-acre lot and provides ample parking with 55 spaces. The building's location in Hennepin County offers excellent accessibility and visibility. This is a multi-tenant building, providing a vibrant and collaborative work environment. The recent renovations ensure modern amenities and a comfortable workspace. The available space is perfect for businesses seeking a blend of privacy and accessibility, with the potential for customization to meet specific needs. Don't miss this chance to secure your ideal office space in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,665,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,325,000
- 6.5%
- $2,710,000
- 7%
- $2,305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,535,000
- Geo Method
- $2,255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,725,000
- Retail
- $2,915,000
- Mixed-Use
- $2,480,000
- Hospitality
- $2,710,000
- Educational
- $2,350,000
- Residential Income
- $3,075,000
- Energy
- $2,530,000
- Income-Based Land
- $2,975,000
- Food Service
- $3,020,000
Location Insight
- Map
- Local Demand
- City
- St Louis Park
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3714
- Latitude
- 44.9558
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
