New Life Gardens

2705 Columbus Avenue South, Minneapolis, MN 55407

  • For Sale $6,250,000
  • Property Type Multi-Family
  • Property Size 26,402 SF
  • Units 27
  • Lot Size 0.36 Acre
  • Parking Spaces Avail. 18
  • Property Tenancy Multi-Tenant
  • Year Built 2023
  • Date Updated Mar 24, 2024
Located in the South Minneapolis community of Phillips West, this property is just blocks from Abbott Northwestern Hospital and the Allina Health Minneapolis Heart Institute. Allina has recently announced a major partnership to build a 10 story Surgical and Critical Care Pavilion on the Abbot Northwestern Hospital campus. This high traffic area is also close to the Midtown Greenway, Midtown Global Market, and the American Swedish Institute. Within a six-block area, major corporate, institutional and business partners are located including Wells Fargo, Children's Hospital, Abbott Northwestern Hospital, St. Mary's University, and Ebeneezer Society.This multi-family property is a three-story, 27-unit apartment building with indoor garage parking for residents. The main entry and lobby are located on Columbus Avenue with three walk-up entry units facing Columbus Avenue. There is a second entrance to the lobby from the garage. The building includes 8 studio, 15 one-bedroom, and 4 two-bedroom units. There are 18 indoor parking spaces for residents. The garage is accessed from E 27th Street.

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Highlights

  • Three story, 27 unit apartment building with indoor garage parking for residents
  • 3 walk up units on level 1; 12 units each on levels 2 and 3
  • High walk and bike scores; Easy access to the Midtown Greenway Trail
  • High traffic area one block west of the Abbott Northwestern Hospital Complex
  • In May 2022 Allina Health announced plans to build a 10 story Surgical and Critical Care Pavillion on the Abbott Northwestern Hospital Campus

Contacts

broker

Chris Missling

NAI Legacy

(612) 812-1317

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable

  • Transit Score ®

    60/100 Good Transit

  • Bike Score ®

    94/100 Biker's Paradise
Powered by Walk Score ®
  • City Minneapolis, MN
  • Neighborhood Phillips West
  • Zip Code 55407
  • Market Minneapolis St Paul

Points of Interest

  • Franklin Avenue

    1.02 miles

  • Cedar-Riverside

    1.20 miles

  • Lake Street/Midtown

    1.26 miles

  • U.S. Bank Stadium

    1.50 miles

  • West Bank

    1.53 miles

  • Government Plaza

    1.62 miles

  • Nicollet Mall

    1.76 miles

  • Warehouse District/Hennepin Avenue

    1.90 miles

  • East Bank

    2.12 miles

  • 38th Street

    2.12 miles

  • BP

    0.77 miles

  • Speedway

    1.17 miles

  • Marathon

    1.19 miles

  • Holiday

    1.26 miles

  • Holiday

    1.31 miles

  • Speedway

    1.31 miles

  • Speedway

    1.33 miles

  • Speedway

    1.37 miles

  • Arco

    1.46 miles

  • Bobby and Steve's Auto World

    1.55 miles

  • Main Parking Ramp

    0.14 miles

  • Overflow Parking Ramp

    0.17 miles

  • Green Ramp

    0.18 miles

  • Piper Parking Lot

    0.19 miles

  • Blue Ramp

    0.23 miles

  • Employee Parking Ramp

    0.26 miles

  • 28th St Parking

    0.41 miles

  • MCAD Parking Lot C

    0.55 miles

  • Leaning Tower Parking Lot

    1.25 miles

  • Parking Lot D

    1.28 miles

  • Sheraton Minneapolis Midtown Hotel

    0.26 miles

  • Minneapolis International Hostel

    0.70 miles

  • Hilton Garden Inn Minneapolis Downtown

    1.20 miles

  • Holiday Inn Express Minneapolis Downtown Convention Center

    1.28 miles

  • Elliot Park Hotel

    1.29 miles

  • Hotel Ivy

    1.32 miles

  • Millennium Hotel

    1.35 miles

  • Normandy Inn & Suites

    1.37 miles

  • Hyatt Regency Minneapolis

    1.40 miles

  • Hilton Minneapolis

    1.40 miles

  • Fika

    0.15 miles

  • Holy Land Deli

    0.34 miles

  • Pineda Tacos

    0.50 miles

  • Las Ranas Mexican Grill

    0.50 miles

  • McDonald's

    0.60 miles

  • Taco Bell

    0.60 miles

  • Taco Taxi

    0.62 miles

  • La Loma Tamales

    0.64 miles

  • Café Royale

    0.65 miles

  • Little Tijuana Bar and Restaurant

    0.67 miles

  • Hans Christian Andersen School

    0.23 miles

  • Cristo Rey Jesuit High School

    0.46 miles

  • Minneapolis College of Art and Design

    0.56 miles

  • Nawayee Center School

    0.65 miles

  • Hennepin Elementary School

    0.67 miles

  • MCAD MFA Studios and Gallery

    0.76 miles

  • Blind Inc.

    0.81 miles

  • City of Lakes Waldorf School

    0.82 miles

  • Waldorf School

    0.83 miles

  • Learning in Style

    0.87 miles

  • Lucky Stars Child Care Services

    0.72 miles

  • Central Care for Children

    0.90 miles

  • Perfect Balance Child Care

    1.16 miles

  • Sunshine Tree Child Development

    1.19 miles

  • Grandma's House Children's Center

    1.29 miles

  • Hooyo Child Care Center

    1.32 miles

  • Creative Minds Daycare

    1.36 miles

  • New Horizon Academy

    1.55 miles

  • Nokomis Child Care Center

    1.70 miles

  • Jardin Spanish Immersion Academy

    1.77 miles

Frequently Asked Questions

What is the lease rate for New Life Gardens?

Rental asking rate at New Life Gardens is $3,125,000.00/YR.

What is the total square footage of New Life Gardens?

New Life Gardens totals 26,402 square feet.

When was this property built?

New Life Gardens was built in 2023.

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Contact Listing Broker

broker

Chris Missling

NAI Legacy

(612) 812-1317