1042 BROAD ST #1062
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Location
1042 BROAD ST #1062
Mblu
35/ 932/ 2/ /
Acct#
RC-0076430
Owner
ARTSPACE BRIDGEPORT LIMITED PARTNERSHIP
Assessment
$4,006,320
Appraisal
$5,723,310
PID
6141
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$5,022,650$700,660$5,723,310
Assessment
Valuation YearImprovementsLandTotal
2025$3,515,860$490,460$4,006,320

Owner of Record
OwnerARTSPACE BRIDGEPORT LIMITED PARTNERSHIP
Co-Owner
Address528 HENNEPIN AVE STE 700
MINNEAPOLIS, MN 55403-1814
Sale Price$0
Certificate
Book & Page 4971/0213
Sale Date07/18/2002
Instrument

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ARTSPACE BRIDGEPORT LIMITED PARTNERSHIP$0 4971/0213 07/18/2002
BRIDGEPORT ECONOMIC DEVEL CORP$0 4441/0249 10/24/2000
NUTMEG MEATS INC$500,000 3790/0065 09/30/1997

Building Information
Building 1 : Section 1
Year Built: 1926
Living Area: 115,920
Replacement Cost: $17,183,487
Building Percent Good: 28
Replacement Cost
Less Depreciation:
$4,811,380
Building Attributes
FieldDescription
Style:Office/Apt
ModelComm/Ind
Grade:Ave/Gd
Stories:5
Occupancy:66.00
Exterior Wall 1:Brick
Exterior Wall 2: 
Roof Struct:Flat
Roof Cover:Tar + Gravel
Interior Wall 1:Drywall
Interior Wall 2: 
Interior Floor 1:Carpet
Interior Floor 2:Carpet
Heating Fuel:Gas
Heating Type:Forced Air
AC Type:Central
Bldg Use:Mix Use Comm
Ttl Rooms: 
Ttl Bedrms:00
Ttl Baths:63
Ttl Half Baths:0
Ttl Xtra Fix:0
1st Floor Use: 
Heat/AC:Heat/Ac Pkgs
Frame Type:Masonry
Baths/Plumbing:Average
Ceiling/Wall:Ceil & Walls
Rooms/Prtns:Average
Wall Height:12.00
% Comn Wall: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 92,736 92,736
BASFirst Floor 23,184 23,184
   115,920 115,920

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers-Wet115920.00 SF$107,1101
ELV2Pass6.00 STOPS$104,1601

Land
Land Use
Use Code280
DescriptionMix Use Comm  
ZoneDX1
NeighborhoodCBD
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.64
Frontage0
Depth0
Total Market Land$490,460
Appraised Value$700,660

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$5,022,650$700,660$5,723,310
2024$3,057,680$442,320$3,500,000
2023$3,057,680$442,320$3,500,000

Assessment
Valuation YearImprovementsLandTotal
2025$3,515,860$490,460$4,006,320
2024$2,140,380$309,620$2,450,000
2023$2,140,380$309,620$2,450,000

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