$4,750,000

431 S 7th Street, Minneapolis, MN 55415


431 S 7th Street Minneapolis, MN 55415

For Sale MLS# 6221209

56,208 sq ft Commercial

Data current as of {{getLocalTime('2023-03-24T18:01:01Z')}}

Details for 431 S 7th Street

MLS# 6221209

Description for 431 S 7th Street, Minneapolis, MN, 55415


UNBELIEVABLE VIEWS: Mpls skyline & US Bank Stadium. Centre Village (above the Hyatt Place), 24th & 25th Floors. 56,208 Gross SF. 22 office suites w/12 leased, shared conference room & fitness center. Skyway connected w/3 elevators. Public parking in building. Owner, law firm, vacating upon sale. Vacant units are turn-key and ready to lease. This is perfect for owner occupant or investor. VALUE PRICED at only $84 PSF Excellent investment opportunity!

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size: 0.80 Acres

Square Feet: 56,208 sq ft

Year Built: 1982

Foundation: 28,104 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Registered Land Surv 1743 Trac

Builder:

Foundation:

Total Units: 22

Current Use: Office,Professional Service

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 249

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Fully Wheelchair

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Electric Common,Heating Separate

Other Utilities:

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Parking Spaces: 0

Parking Description: Contract Pkg Required, Off Site

Exterior: Brick/Stone

Lot View:

Lot Dimensions: 330x145

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building

Soil Type:

Tillable Acres:

Driving Directions


On 7th St S between Fourth Ave S & Fifth Ave S.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 2602924220355

Tax Amount: $171,224

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$4,750,000 Original Price
$4,750,000 Current Price
+$0 Total Change
Date Price Change
6/16/2022 01:01 PM $4,750,000

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 431 S 7th Street

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings