Remarks

Great location in NE Minneapolis Arts District.... Discover the potential of this office/warehouse property at 1723 Adams St NE, Minneapolis with total 13,506 total sq/ft, featuring 11,922 sq/ft on the main floor and 1,586 sq/ft of lower-level storage. With a versatile design, high-quality finishes, and extensive infrastructure upgrades, this building is ideal for a range of light industrial and office uses.

The property offers approximately 2,550 square feet of office space and 9,372 square feet of warehouse space. Current office space is configured for three dedicated offices, lobby/reception area, work room (4th office), storage/break room, two bathroom rough-ins, and conference room. The office area is finished with walls, new electrical, and HVAC, and the main level is roughed-in for a new fire sprinkler system. Ceiling heights vary across spaces, with a 9-foot suspended ceiling in the office area, 11-foot ceilings in multipurpose areas, and 20-foot ceilings in the warehouse, providing a range of spaces to suit diverse needs. Concrete floors have been cut and trenched in designated bathroom and kitchen areas, with plumbing access ready for installation. (see floor plan in supplements).

This building is equipped with modern climate control and insulation, including two new rooftop HVAC units—a Bryant 581J 5-ton unit above the kitchen area and a Bryant 581J 4-ton unit above the office area—as well as a new Bryant 40K BTU HVAC unit for the lower-level storage area. Newly installed siding and roof… The insulated roof with spray foam and flame-retardant paint meets code. White, single-ply EPDM roofing covers the majority of the building, with adhered rubber roofing over the kitchen/office area and a white sprayed membrane for additional durability in the lower office area.

The lower level includes approximately 1,500 square feet of fully renovated storage with new insulation, electrical, sheetrock, and a recently installed sprinkler system. Upgraded 600-amp, 208/120V phase 3, electrical service with new service panels supports a variety of needs, and the building is fully wired for 14 security cameras (interior and exterior), with new lighting throughout.

Two overhead door options include a 10' x 11' door in Bay 1 and an 8' x 8' door at the entry, providing convenient loading and unloading options. Light industrial zoning allows for varied business operations, and the location is centrally positioned in a stable, upgraded residential area with bike and walking trails nearby for added accessibility. 7 onsite parking stalls plus additional on-street parking and a handicapped-accessible ramp ensure ease of access for staff and clients.

With extensive upgrades already completed, this property offers an outstanding opportunity for owner-users or investors to add their finishing touches and tailor the space to their specific needs. The flexible combination of office and warehouse areas makes this property a unique find for businesses seeking a modern, well-equipped facility in an excellent location.

Details

MLS#: 6625377
Price: $995,000

Year Built: 1908

County: Hennepin
Tax Fee: 0.00