2429 Nicollet Avenue S, Minneapolis, MN 55404

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 55
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1957
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 6325
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.76
Lot Dimensions: 267 x 125

Property Features

Accessible: Accessible Elevator Installed; Doors 36"+ Air Conditioning: Central Air Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Full CMU Style: Office Construction Materials: Block; Brick; Concrete Construction Status: Previously Owned Current Use: Office Exterior: Aluminum Siding; Brick/Stone; Cement Board; Steel Siding; Wood Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Potential Use: Other; Professional Roof: Age Over 8 Years; Rubber Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 3400000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2429
Street Name: Nicollet
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55404
Complex/Dev/Subdivision: Cochrans Add

Assessments

Tax With Assessments: 95812
Assessment Balance: 0
Assessment Installment: 0

Building Information

Building Finished SqFt: 19683
Building SqFt: 19683

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 34
Township#: 29

Sale Options

Sale Includes: Building

Unit 1

Unit Number: Yes

Unit Details

Total Units: Yes

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 002 COCHRANS ADDN TO MPLS LOTS 9-12 INCLUSIVE, BLOCK 2, COCHRAN'S ADDITION TO MINNEAPOLIS; ALSO LOT 8 AND THE SOUTH HALF OF LOT 9, BLOCK 2, BELLEVIEW ADDITION TO
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Property ID Number: 3402924130315
Tax Year: 2025
Tax Amount: 90719
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This building and site represent a rare opportunity for an owner/user or investor to secure a fantastic fully renovated office/flex building on a stretch of Nicollet ave poised for tremendous growth as Nicollet Ave is full opened to the South. The 3/4 acre site features (2) parking lots on either side of the building for 55 cars. (The south parking lot offers intriguing development possibilities..) The 2016 renovation included all new electric, plumbing, heating/cooling, new roof, high end exterior and interior finishes, new elevator, and more. The property is fully leased, please do not disturb tenants and do not visit the building without notifying List Agent.
Directions: Nicollet South to building on left past 24th

Accessible

Accessible Elevator Installed: Yes
Doors 36"+: Yes

Air Conditioning

Central Air: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes

Construction Materials

Block: Yes
Brick: Yes
Concrete: Yes

Construction Status

Previously Owned: Yes

Exterior

Aluminum Siding: Yes
Brick/Stone: Yes
Cement Board: Yes
Steel Siding: Yes
Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Parking Lot: Yes

Roof

Age Over 8 Years: Yes
Rubber: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

No. of Refrigerators

Two: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Office: Yes

Current Use

Office: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Potential Use

Other: Yes
Professional: Yes