1256 Penn AVE N Active Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55411
Key Details
Property Type Commercial
Sub Type Business,High Rise,Office,Other,Retail
Listing Status Active
Purchase Type For Sale
Subdivision Cic 2090 Rac Ramp Condo
MLS Listing ID 6670348
Year Built 2018
Annual Tax Amount $10
Tax Year 2025
Contingent None
Lot Size 1.310 Acres
Acres 1.31
Lot Dimensions 174000
Property Sub-Type Business,High Rise,Office,Other,Retail
Property Description
The Regional Acceleration Center (RAC Building) was built in 2018 & is located at Penn & Plymouth Ave. N in Minneapolis. The building offers modern office and retail space in close proximity to downtown, Broadway Ave,
Theodore Wirth Park, hwy 55, bike routes, & public transport. Ample underground
parking in adjoining ramp. Building includes shared lobby that is monitored during regular business hours & shared elevators.
Level 1 (L1) retail spaces offer street visibility w/ private entrances, offices & executive suites, conference room, common area, kitchenettes, & ADA
bathrooms.
Level 4 (L4) is a large area that can be subdivided into smaller spaces (i.e. 2500-3500 SF range), + private office suites.
Huge rooftop terrace, with stunning views of Minneapolis skyline, available for tenants to use daily as well as rent for special events. Ideal for destination retail use such as a bank, dentist or service-related office like accounting, law firm or non-profit.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Single Family
Interior
Heating Forced Air
Cooling Central Air
Inclusions Leases
Fireplace No
Exterior
Parking Features Underground
Garage Spaces 99.0
Utilities Available Electric Separate,Heating Separate
Present Use Professional/Office
Building
Lot Description Corner Lot
Story Three Or More
Foundation 17400
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories Three Or More
Structure Type Metal Siding,Other
Schools
School District Minneapolis