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Active NEW!
$795,000
/mo Edit
Commercial:  1 Story
2 ba • Built 1981
2.39 acres
MLS# 6804921
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    Property Description

    Amazing office space in Loring Park at Loring Green East at 1201 Yale Place. Business suite on the edge of downtown Minneapolis includes 2 conference rooms, 8 offices, reception area and counters, kitchen, restrooms, baths, 2 storage rooms, and access to amenities throughout this well maintained condominium building. Ample, attached indoor parking space. You'll love the water feature when you enter the reception area. Perfect location for several types of businesses but was last used as a law office. Existing furnishings could stay. Prime location with easy parking and in and out access. Amenities include: indoor swimming pool & hot tub, exercise room, party room with kitchen and billiard space, walking trails to park on property. Ready to move in and conduct business first class!

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: 1 Story
    Zip Code: 55403
    Neighborhood/Area: 45
    Subdivision Name: Loring Green East

    Interior

    Refrigerators: One
    Appliances Included:
    • Dishwasher
    • Microwave
    • Refrigerator
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 12
    Air Conditioning: Central Air
    Foundation Size: 3,034 ft2
    Handicap Accessible: Doors 36"+, Accessible Elevator Installed, No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Guest Parking
    • Parking Garage
    Unit Amenities:
    • Local Area Network
    • Multiple Phone Lines
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Pool:
    • Below Ground
    • Heated
    • Indoor
    • Shared
    Roof Details: Flat

    Rooms

    Shared Rooms:
    • Amusement/Party Room
    • Community Room
    • Exercise Room
    • Media Room

    Lot & Land

    Acres: 2.39
    Geolocation: 44.9723696368, -93.2804677659
    Inclusions: Other
    Lot Dimensions: Irregular
    Zoning: Business/Commercial
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light
    • Zero Lot Line

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Tenant Expenses: Cable TV, Electricity, Telephone

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $13,338
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $13,439

    Units

    Total Units: 1
    Unit Number: A100

    Miscellaneous

    Current Use: Office
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.