Sons of Norway is leaving its building at 1455 W. Lake St. after 55 years, and the 2.17-acre site is now marketed for redevelopment.
Ted Abramson, senior vice president of CBRE, said he’s seeing local and national interest in the property. CBRE will ask developers to submit offers in about four-six weeks.
Abramson said the property stands out in Uptown for its size and proximity to the lake.
“This is definitely one of the largest contiguous parcels owned by one entity,” he said.
CPM Development co-founder Dan Oberpriller said he’d consider an offer if the numbers work. Developer Stuart Ackerberg said he’s interested to learn more about the site as well.
The block’s zoning ranges from C3A on the north end, which is a Community Activity Center District that allows four stories or 56 feet as of right; down to R2B, a Two Family District that allows two-and-a-half stories or 35 feet in height.
Hennepin County property records indicate that Sons of Norway owns the three-story building and several surface parking lots on the block, but does not own the apartment building at 3014 Holmes Ave. S., a Wells Fargo lot, and several houses at the southwest portion of the block.
Sons of Norway, a financial organization dedicated to promoting Norwegian heritage, is searching for a new office for more than 40 employees.