FOR SALE

11974 Portland Ave

Burnsville, Minnesota

$430,000

ASKING PRICE

Interior of a showroom with two armchairs and a small table in the foreground, a display of tile samples on the right wall, a conference room with chairs in the background, and a doorway leading to another room.

Small kitchen area with wooden cabinets, white refrigerator, microwave, dishwasher, and countertop with various appliances and cleaning supplies. Adjacent to a bathroom with a toilet visible.

About the property

A beautifully maintained office condominium in the Minnesota Valley Town Offices complex — built in 2002, positioned within a growing suburban submarket with ample parking.

PROPERTY DETAILS

ASKING PRICE
$430,000

TOTAL AREA
±2,742 SF

PROPERTY TYPE
Office Condominium

YEAR BUILT
2002

ZONING
I-1 - Industrial Park (PUD)

SURFACE PARKING
Surface - Ample

LISTING CONTACT

SETT Properties is pleased to exclusively represent Ownership in the fee simple sale of a ±2,742 SF office condominium in Burnsville, Minnesota. The property is located within the Minnesota Valley Town Offices, a well-established multi-tenant office complex offering strong access to both I-35W and Cedar Avenue.

Built in 2002 and meticulously maintained, the unit offers an efficient floor plan suitable for professional service tenants, owner-users, or investors seeking a stable income-producing asset in a supply-constrained suburban submarket.

Property Features

±2,742 SF office condominium
Built in 2002, excellent condition
Ample surface parking on-site
Strong I-35W / Cedar Ave access

I-1 Industrial Park (PUD) zoning
Multi-tenant office complex setting
Efficient, flexible floor plan
Owner-user or investment suitable

Location

DOWNLOAD PDF FLYER

Lamar Newburn, SIOR

p. 763.726.8100

MIDWEST LEAD

e. lamar@settproperties.com

REQUEST INFORMATION

FOR SUBLEASE

322 Causeway Blvd

La Crosse, Wisconsin

Asking Rent:
$8.95 PSF Gross

Sublease Area Available:
±79,143 SF

Property Type:
Warehouse/ Light Manufacturing

Zoning
M2 - Heavy Industrial

SETT Properties is pleased to exclusively represent Tenant in a rare ±79,143 SF industrial warehouse and light manufacturing facility available for sublease in La Crosse, Wisconsin. The property is strategically located within a primary industrial park just west of U.S. Hwy 53 on Causeway Blvd. Flexible sublease term through January 31, 2043 if desired. Four 8' x 8.5' dock doors with levelers as well as one 12' x 18' drive-in door. Convenient on-site parking totaling more than 80 total stalls.

322 Causeway Flyer

An aerial view of a commercial building under construction with a large parking lot and surrounding green spaces, with mountains and a lake in the background.

Empty warehouse with designated parking spots, organized shelves, and a reception area labeled 'Receiving Department'.

Aisle in a warehouse store with shelves stocked with various boxes and packages, lit by overhead lighting.

SALE PENDING

69.6-Acre Quarry

Athens, Wisconsin

Asking Price:
Call For Information

Total Property Area:
69.621 acres (54.16 acres mineable)

Property Type:
Mine/Quarry (Nephrite Jade)

Zoning
No General Zoning

SETT Properties is pleased to exclusively represent Ownership in the fee simple sale of one of a handful of known nephrite jade quarries in North America. This ±69.6-acre quarry consists of approx. 12.4 million tons (4.6 million cubic yards) of nephrite jade.

A rural landscape with a gravel road, green fields, a body of water, and a forested hill in the background under a blue sky with scattered clouds.

A rocky outdoor landscape with scattered boulders and gravel, a small water stream in the middle, trees on the horizon, and a bright blue sky with some clouds.

Aerial view of a rural area with fields, wooded areas, and roads. The map highlights a specific property outlined in red with boundaries, near Lincoln Drive, State Highway 107, and Route 24.

PRIOR EXPERIENCE

SALES

A modern multi-story apartment building with a glass storefront on the ground level, labeled Northstar Apts, with people walking on the sidewalk, a black car parked, and some people inside visible through the windows.

Northstar Center East, Minneapolis, MN

Represented Polaris Developments Group in the $6.5 million sale of Northstar Center East located in downtown Minneapolis. Part of a multi-use repositioning, the buyer converted the former office tower into 221 luxury residential units, utilizing federal and state historic tax credits. Lamar Newburn worked on this assignment prior to forming SETT Properties.

Two-story office building with a parking lot and a black car, with an American flag on a pole, and a sign in front listing the office hours.

757 S. State St, Fairmont, MN

Represented the Lender/ Seller in the sale of 757 S. State Street, a two-story, 29,270 square foot medical office building in Fairmont, Minnesota. The property is strategically located within a Qualified Opportunity Zone (QOZ) and sits on 2.22 acres of land. Ample surface and underground parking exist on-site.

View of a city street flanked by brick and concrete buildings, with a glass pedestrian bridge connecting two buildings, parked cars along the streets, a few pedestrians, and a clear blue sky.

City street scene at dusk with a modern building housing Duffy Loft sign on top, parked cars along the curb, streetlights on, and a partly cloudy sky in the background.

Duffey & Hall Lofts, Minneapolis, MN

Represented CEDARst Companies in $13mm & $21mm land acquisitions for $225mm adaptive reuse developments with 500+ luxury apartments and 50k+ sf of commercial. The projects utilized State and Federal historic tax credits, and included the first DELTABEAM® project in MN. Lamar Newburn worked on this assignment prior to forming SETT Properties.

A blue industrial building with a sign that reads 'THERMO-TECH'. There are parking spaces in front, including spaces designated for people with disabilities, and a small toy car and a black SUV are parked outside.

1120 38th Ave NE, Sauk Rapids, MN

Represented Ferkinhoff Investments in a $7mm single tenant net lease industrial investment sale. The property is fully occupied on a long-term basis to a tenant who benefited from a building expansion, and the buyer’s subsequent purchase of adjacent land for outdoor storage. Lamar Newburn worked on this assignment prior to forming SETT Properties.

Modern multi-story apartment or hotel building on a city street with parked cars and trees, under a blue sky with some clouds.

The Fieldhouse, Minneapolis, MN

Represented Up Campus Student Living in a $12mm, 1.18 acre assemblage land acquisition in Dinkytown on the University of Minnesota Campus. The property was developed into a $120 million, 882-bed luxury student living property with 275 units and 2,500 sf of commercial space. Lamar Newburn worked on this assignment prior to forming SETT Properties.

LEASING

Exterior view of an office courthouse building with a sign reading 'Office Court', surrounded by trimmed grass, flower beds with pink and purple flowers, trees, and a sidewalk.

Beyer Physical Therapy, Northfield, IL

Represented long-time client Beyer Physical Therapy in its office lease renewal at Edenwood North Office Court located in Northfield, Illinois. Performed comprehensive market analysis to evaluate alternative options and secure attractive lease renewal terms.

Empty parking lot in front of a strip mall with stores under a blue sky

goGlow, Woodbury, MN

Represented state-of-the-art spray tanning provider goGLOW in their search for a signature retail location. Identified prime retail options and secured a long-term lease at Tamarack Hills located in Woodbury, Minnesota.

Entrance to Texas Tanaka with a paved sidewalk, trees, and landscaping in the foreground, and a building with a sign that reads 'TEXA TONKA' in the background.

The word 'COVERED' written in large, black capital letters on a white background.

Covered, St. Louis Park, MN

Represented women’s fashion boutique Covered in their search to upgrade their retail location. Signed a long-term lease for high quality retail space at the TexaTonka Shopping Center located in St. Louis Park, Minnesota.

A modern glass office building with the sign 'Focus Financial' on the top corner, reflecting surrounding trees and parked cars, with a parking lot and flags in front.

Superior Plaza, St. Louis Park, MN

Represented client in 7-year lease renewal. By leveraging a comprehensive competitive search, reduced overall rent obligation by nearly 20% from initial proposal to final terms, and secured significant tenant improvement allowance for space upgrades and modernization. Lamar Newburn worked on this assignment prior to forming SETT Properties.

A multi-story brick office building with the sign 'West End Plaza' and the street number 1660 at the top. There are windows on each floor and some small trees and bushes in front.

Discover St. Louis Park, St. Louis Park, MN

Represented Discover St. Louis Park in their lease renewal of high quality office space on a long-term basis at the West End Office Park located in St. Louis Park, Minnesota.

A modern multi-story building with brick and metal exterior, large glass windows, and a brightly colored cube on top with '811' on a yellow circle. Trees line the sidewalk in front, and the sky is during sunset.

Office Portfolio, Minneapolis, MN

Represented owner in leasing of 811 Glenwood Ave & 1400 Van Buren St NE, a ±90,000 sf office portfolio in Minneapolis, Minnesota. Lamar Newburn worked on this assignment prior to forming SETT Properties.

A tall, multi-story city building on a street corner with a pedestrian bridge passing in front of it. Cars are on the street and there are crosswalks and traffic signals.

Pence Building, Minneapolis, MN

Represented receiver in the leasing of the Pence Building, a ±97,000 sf office building in the Arts District of Minneapolis, Minnesota. Lamar Newburn worked on this assignment prior to forming SETT Properties.

MANAGEMENT

Empty parking lot in front of a modern brick building with trees and landscaped bushes under a blue sky.

201 85th Ave NW, Coon Rapids, MN

Property manager for a 100% leased office building at 201 85th Ave NW in Coon Rapids, Minnesota. The property is strategically located in a growing suburban submarket and has undergone significant capital improvements since 2024.

Tall modern glass office buildings on a city street with trees and a clear sky.

Chicago & Wisconsin Portfolio

Asset manager of an ±8.6 million sf portfolio of office and retail properties in Central/ West Loop Chicago, Illinois and Milwaukee, Wisconsin. Lamar Newburn worked on this assignment prior to forming SETT Properties.

Modern building with glass windows and an American flag flying on a flagpole in front.

220 Park Rd, Burlingame, CA

Project manager for ground up development of ±185,000 sf of Class A mixed-use office and retail space at 220 Park Rd in downtown Burlingame, California. The landmark project restored and integrated the downtown’s historic post office into the new construction, while anchoring the City’s new Town Square. Alex Livadas worked on this assignment prior to joining SETT Properties.

A multi-story residential or commercial building at dusk with illuminated windows, located on a city street with parked cars, streetlights, and trees.

601 Marshall St, Redwood City, CA

Project manager for ground up development of ±136,000 sf of Class A office space at 601 Marshall St in downtown Redwood City, California. The project was Redwood City’s first LEED Platinum office development and was delivered 100% pre-leased, with Goodwin Procter LLP as the anchor tenant. Alex Livadas worked on this assignment prior to joining SETT Properties.

Multi-story modern building with large glass windows, trees in front, and cars on the street at dusk

199 First St, Los Altos, CA

Project manager for extensive interior and exterior renovation of ±26,000 sf boutique mixed-use Class A office and retail building at 199 First St in Los Altos, California. The project was fully leased after its transformative renovation provided expansive windows, enhanced common areas and open ceilings for creative environments. Alex Livadas worked on this assignment prior to joining SETT Properties.

A high-angle view of a cityscape showing tall buildings, streets with cars, and a rooftop swimming pool on a modern building.

Property Management

As part of senior management at Seabreeze Management Company, managed daily operations, supervised the four Financial Services Departments, managed production of monthly financials for over 100 separate corporations and oversaw the billing call center servicing 30,000 clients. Brian Cole worked on this assignment prior to joining SETT Properties.

A tall, black skyscraper with a grid of windows, surrounded by other high-rise buildings in a city skyline

330 N Wabash, Chicago, IL

Represented Riverview Realty Partners in the successful repositioning of AMA Plaza. Executed vertical subdivision and sale of floors 1-13 to hotel developer. Following improvement of office floors, lease-up from 35% to 88% over 6-months, and sold for $470mm. Lamar Newburn worked on this assignment prior to forming SETT Properties.