University Ave

Located on high profile University Avenue in NE Mpls, the “Bagtape Building” is a bill board location; highly visible and easily accessible. The building is located across the street from the recently built City of Minneapolis East Side Maintenance Building in an area that is prime for future redevelopment. Bagtape has been the sole tenant of the building for over 40 years and would like to renew their existing lease that expires on 1/31/2028.

  • Site Size: 2.84 Acres
  • Building Size: ±112,877 SF
  • $7,000,000
  • University Ave: 14,942 AADT (2023)
  • Year Built: 1946
  • Ceiling Height: 16’ clear
  • Zoning: PR2 Production and Processing District
  • 2025 Tax info:
    • PID 11-029-24-22-0009: $1,003.48
    • PID 11-029-24-21-0015: $144,102.36
    • PID 11-029-24-21-0014: $6,313.52
  • Dock Doors: 6 trailer height doors, 2 ramped drive in doors
  • Elec info: Fourteen 240 volt panels
  • Vapor Mitigation: Sub-slab Depressurization system installed in 2023; outsourced reporting, $5,000 annually
ALL
University Ave