2304 Park Avenue Minneapolis, MN 55404 MLS# 6638672 Status: Closed
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Property Description BROTHER LOUIS HALL IS JUST UNDER 39-THOUSAND SQUARE FEET OF SPACE AND IS FILLED WITH CLASSROOMS AND OFFICES. LAST RENOVATED IN 2008, THE BUILDING AND ITS TWO PARKING LOTS FOR 49 CARS, IS IN GREAT SHAPE AND IS MOVE-IN READY FOR A SCHOOL (EARLY EDUCATION, ELEMENTARY, MIDDLE, OR HIGH SCHOOLS). OTHER POTENTIAL USES INCLUDE: OFFICE PROPERTY, CHILD CARE AND SENIOR CARE CENTERS, MULTI-FAMILY OR RESIDENCES WITH CONVERSION OR MEDICAL USE.
THE PROPERTY IS ZONED COMMERCIAL RM3, IS ADA COMPLIANT, AND IF NEEDED COULD BE RECONFIGURED INTO A MULTI-TENANT PROPERTY OR EVEN A REDEVELOPMENT OPPORTUNITY. THE PROXIMITY TO DOWNTOWN MINNEAPOLIS AND EASE OF ACCESS TO 35W AND I-94 ARE CONSIDERABLE BENEFITS TO OWNERSHIP.
ALL MECHANICALS HAVE BEEN WELL-MAINTAINED AND IN GREAT CONDITION. THE BUILDING ALSO HAS AN EXTRA-LARGE GARAGE DOOR LEADING TO A LARGE AREA FOR STORING EQUIPMENT RANGING FROM SNOW AND LAWN CARE EQUIPMENT TO SERVICE VEHICLES.
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-06-11
Current Price: 3737000
Closed Date: 2025-04-30
Sales Close Price: 3737000
Contingency: None
ListPrice: 3600000
List Date: 2024-12-05
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 49
Year Built: 1956
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Industrial
Foundation Size: 18810
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.89
Lot Dimensions: 258x151
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 2304
Street Name: Park
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55404
Complex/Dev/Subdivision: G N Merriams Add
Additional Parcels Information
Property ID #2: 3502924220026
Property ID #3: 3502924220025
Assessments
Tax With Assessments: 921
Building Information
Building Finished SqFt: 36621
Building SqFt: 37621
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 35
Township#: 29
Sale Options
Sale Includes: Building, Other
Unit Details
Total Units: 1
Property Features
Accessible: Fully Wheelchair
Air Conditioning: Central Air
Basement: Full
CMU Style: Freestanding; Industrial; Office
Construction Status: Previously Owned
Current Use: Event Space; Office; Professional Service
Exterior: Brick Veneer; Brick/Stone
Financing Terms: Conventional
Foundation: Other
Fuel: Natural Gas
Heating: Boiler
Lock Box Type: None
On Site Utilities: Electric Common; Heating Common; Hot Water Common