5747 Hamline Ave N, Shoreview, 55126

REDUCED 8% Commercial - Industrial/Warehouse For Sale in Section 3 Town 30 Range 23


MLS® #: 5228168
Active, 107 Days on Market

Commercial warehouse/industrial space in prime location, adjacent to the Rice Creek Commons/Arden Hills Armory Redevelopment; 1.9 miles from I-35W and Rice Creek Parkway. Property situated in what Shoreview/Ramsey County municipality considers an "under-developed" area. As such, the parcel is positioned for both redevelopment or continuation of current use. Concrete masonry block construction with industrial/warehouse slab-on-grade in great condition. New roof and rain leader on north-half of building. Double gable metal construction installed August 2018. South-side roof flat gravel aggregate in good structural condition. One (1) truck bay back of building (presently not in use). Class 5 parking area. Furnace fully tuned and serviced March 2018. Current Use: Half of building occupied by party/bounce-house tenant (storage purposes only), remaining half owner's workshop. Tenant lease expires May 31, 2019. Lease rate = $1,550/month (industrial gross lease type).

Essential Information

MLS® #: 5228168
Price: $575,000
Square Footage: 9,284
Acres: 0.84
Year Built: 1953
Type: Commercial
Sub-Type: Industrial/Warehouse
Style: Industrial/Warehouse
Status: Active

Community Information

Address: 5747 Hamline Ave N
Subdivision: Section 3 Town 30 Range 23
City: Shoreview
County: Ramsey
State: MN
Zip Code: 55126


Features: Loading Dock, Overhead Doors
# of Garages: 4
Garages: Attached Garage, Driveway - Gravel
Waterfront: Pond


Heating: Forced Air
Cooling: None


Exterior: Block
Lot Description: Irregular Lot
Roof: Metal, Tar/Gravel
Foundation: 9284

School Information

District: 621 - Mounds View

Additional Information

Date Listed: May 10th, 2019
Days on Market: 107
Zoning: Industrial
Current Use: Warehouse, Industrial, Commercial

Listing Details

Listing Office: RE/MAX Advantage Plus


$/SqFt: $62

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Listing information last updated on August 25th, 2019 at 3:35pm CDT.