Three Paramount Plaza

Highlights:

• Value-Add Investment Opportunity
• 75,526 SF of Rentable Area
• Highly Visible along Interstate 494
• Two (2) levels of under-building parking
• Zoned CO-1 Commercial Office District
• Prime location in the Southwest Office Minneapolis area

Description:

Introducing a prime value-add investment opportunity in the heart of the Southwest Minneapolis Office Market area. This highly visible property boasts approximately 75,526 SF of rentable area, ideally zoned as CO-1 Commercial Office District, offering versatile spaces, including whole-floor options to cater to a variety of business needs. With its strategic location within this thriving commercial hub, investors or user/occupants have the opportunity to acquire a well-positioned property ready to capitalize on this market location and establish a valuable presence in the flourishing Southwest Office Minneapolis area. Don't miss the chance to acquire this substantial building in a coveted location, perfectly poised for a multitude of office and commercial endeavors.

Conveniently situated between Edina and Bloomington, the property offers prime visibility from Interstate 494, positioning it as a prominent presence in the Southwest Office Minneapolis market. The Property's strategic location provides easy access to the and east metro, including the Minneapolis-Saint Paul International Airport, making it an attractive prospect for businesses with national or international connections. The property's proximity to the West Metro and central positioning along Interstate 494 offers excellent connectivity, while its surroundings, characterized by similar office buildings, create a cohesive and professional business environment. With its central location and convenient accessibility, this office building presents a compelling opportunity for investors seeking a well-connected and high-visibility commercial real estate asset.

The Property is serviced by all public utilities including city water and sewer service, electricity, phone, natural gas and cable television.


The site is irregularly shaped, offering 3.54 acres of land, or 154,280 square feet of land area, and frontage along Interstate 494 and is highly visible from both east-bound and west-bound traffic. Direct access to the site is provide by Glenroy Road, which connects to West 78th Street and immediately off of Bush Lake Road.