5747 Hamline AVE N Shoreview, MN 55126

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).