, Minneapolis, MN 55428 (MLS# 7077270)

Overview

Description

5701 Kentucky Ave N is a well-maintained, fully leased 17,985 SF office building in Crystal, Minnesota. The property includes 21 units and is fully occupied by 14 tenants, offering stable, reliable income. Built in 1981 and updated in 2020, it features modern interior, ample parking, an flexible layouts suited for a variety of office and service users. Its location near Highway 169, Highway 100, and Bass Lake Road provides quick access to Downtown Minneapolis and nearby business areas. Strong occupancy, established, reliable tenants, and below-market rents create a solid investment opportunity with room for future growth.

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1981
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Industrial
Foundation Size: 17895
For Sale or Lease: For Sale
Acres: 1.49
Lot Dimensions: X
Assessment Pending: No
Other Parking Spaces: 0
Garage Stalls: 0

Property Features

Accessible: Other Assumable Loan: Not Assumable CMU Style: Office; Other Construction Status: Previously Owned Current Use: Office; Other Exterior: Other Foundation: Other Fuel: Other Heating: Other Loan Terms: Cash; Conventional On Site Utilities: Electric Separate; Heating Separate Parking Characteristics: Other Potential Use: Office; Other Sewer: Other Stories: One Water: Other

Contract Information

Contingency: None
ListPrice: 2000000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55428
Complex/Dev/Subdivision: Palmer Add

Assessments

Tax With Assessments: 46728
Assessment Balance: 0

Building Information

Building Finished SqFt: 17895
Building SqFt: 17895

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 21
Section#: 05
Township#: 118

Sale Options

Sale Includes: Building, Land, Leases, Other

Unit Details

Total Units: 21

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 001 BLOCK 001 PALMER ADDN
Listing City: Crystal
Map Page: 91
Municipality: Crystal
School District: Robbinsdale
School District Phone: 763-504-8000
Zip Plus 4: 2802
Property ID Number: 0511821420066
Tax Year: 2025
Tax Amount: 46728
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 5701 Kentucky Ave N is a well-maintained, fully leased 17,985 SF office building in Crystal, Minnesota. The property includes 21 units and is fully occupied by 14 tenants, offering stable, reliable income. Built in 1981 and updated in 2020, it features modern interior, ample parking, an flexible layouts suited for a variety of office and service users. Its location near Highway 169, Highway 100, and Bass Lake Road provides quick access to Downtown Minneapolis and nearby business areas. Strong occupancy, established, reliable tenants, and below-market rents create a solid investment opportunity with room for future growth.
Directions: 2800 North 2nd Street, Minneapolis, MN 55411

Accessible

Other: Yes

Assumable Loan

Not Assumable: Yes

Construction Status

Previously Owned: Yes

Exterior

Other: Yes

Foundation

Other: Yes

Fuel

Other: Yes

Heating

Other: Yes

Parking Characteristics

Other: Yes

Sewer

Other: Yes

Stories

One: Yes

Water

Other: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes

CMU Style

Office: Yes
Other: Yes

Current Use

Office: Yes
Other: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Potential Use

Office: Yes
Other: Yes