707 2nd Ave S | Minneapolis, MN 55402
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- LoopNet Team
707 2nd Ave S
Minneapolis, MN 55402
Ameriprise Financial Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- One-of-a-Kind Placemaking Opportunity - A Blank Canvas to Reimagine an Existing Preeminent High-Rise Tower.
- Compelling Alternative Use Market.
- S&P A- Rated Income Stream Remaining Through October 2025.
- Flexible Zoning and Potential Incentive Options.
- Limited New Supply in a Flight-to-Quality Marketplace.
- Diminishing Competitive Set Through Limited Development and Recent Conversions.
PROPERTY FACTS
Property Type
Office
Property Subtype
Office / Residential
Property Size
959,264 sq ft
Costar Property Class
A
LoopNet Rating
4 Star
Year Built
1999
Tenancy
Single
Number of Floors
30
Typical Floor Size
31,975 sq ft
Plot ratio
19.66
Total Plot Size
1.12 ac
Use Class
B4-2 - 707 Second Avenue S is currently zoned B4-2 Downtown Business District and DT1 Downtown Center District per the Minneapolis 2040 Comprehensive Plan.
Parking
313 Spaces (0.33 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Bus Route
- Controlled Access
- Conferencing Facility
- Food Service
- Skyway
PROPERTY TAXES
| Parcel Number | 27-029-24-11-0133 | Improvements Assessment | £45,461,390 |
| Land Assessment | £7,577,609 | Total Assessment | £53,038,999 |
PROPERTY TAXES
Parcel Number
27-029-24-11-0133
Land Assessment
£7,577,609
Improvements Assessment
£45,461,390
Total Assessment
£53,038,999
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