Building Details:
• Year Built: 1987
RE/MAX Results Commercial is pleased to offer two side by side multi-tenant office buildings located north of Interstate 94 just off Century Avenue on Geneva Avenue in Oakdale MN. Titan Office Park is two fully updated buildings with ample parking located in a convenient east Metro location in close proximity to 3M's corporate campus. The two structures at 1397-1399 Geneva Avenue North were built in 1987, frame construction with all weather fiber board exterior. The 1399 roof was replaced in 2008. The 1397 commercial grade rubber membrane roof is 13 years old. The owner replaced two furnaces, two AC units in 1399 along with replacing the siding on both buildings a few years ago with Hardi Plank siding. He also resurfaced the entire parking lot 3 years ago.
1397 Geneva is .89 acres and 38,799 sq. ft. and 1399 Geneva is .72 acres and 31,200 sq. ft. bringing total acreage to 1.61 and total square footage to 69,999. Each building measures 50 feet X 100 feet, 5000 sq. ft. foundation size with just over 13,000 leasable square footage in both buildings. There are 77 parking spaces in the parking lot. The properties are identified by two separate PID numbers. While 1399 Geneva is currently 80% occupied and generating income, 90% of the office space in 1397 Geneva will become available the end of September 2009 making this a unique opportunity for the owner occupant to be able to move into a turn-key ready building. At $675,000 this investment will appeal to both the owner occupant and the seasoned office investor. We encourage you to take a serious look at these two side by side office buildings. You don't want to miss this unique investment opportunity!
For additional information or to schedule a tour, please contact Mark Hulsey at 651-755-2068, or mark@resultscommercial.com.
Request Property Information
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.
