999 50Th Ave NE Columbia Heights, MN 55421
Property profile & analytics
999 50Th Ave NE Columbia Heights, MN 55421
- Commercial real estate
- 12,446 SF
- 0.83 lot acres
Property ID
US46-0894879
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 999 50Th Ave NE
- Year built
- 1976
- Construction
- WOOD FRAME
- Lot size
- 0.83 lot acres
- Property size
- 12,446 SF
- Property type
- Commercial real estate
- APN
- 25-30-24-23-0002
- APU
- 253024230002
Description
This 12,446 square foot mixed-use building in Columbia Heights, Minnesota, presents a unique investment opportunity. Situated on a 0.83-acre lot, this two-story, 1976-built structure offers approximately 6,200 square feet per floor, with ceiling heights ranging from 9 to 10 feet. Currently vacant, the property requires over $400,000 in renovations, but upon completion, it's projected to appraise at approximately $2.6 million. The building boasts 46 on-site parking spaces, supplemented by ample street parking, and benefits from its location in a General Business (GB) district, allowing for over 40 permitted uses, including daycare, medical office, and restaurant. The property is conveniently located near I-694 freeway access. Seller financing options are available, including contract for deed (up to 24 months) and lease-to-own agreements, providing flexible acquisition pathways for owner-occupants or multi-tenant investors. The building's zoning allows for a wide variety of commercial uses, making it an adaptable asset for various business ventures. Detailed blueprints and documents are available online. The asking price is $1,100,000, with a price per square foot of $88.38.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $910,000
- ML approach
- $885,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $770,000
Market price range: $601k - $1.92M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Columbia Heights
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.2461
- Latitude
- 45.0593
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,601
$194,200
$696,700
$890,900
-
$194,200
$696,700
$890,900
