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<br />Main and Gates TIF Analysis Page 1 of 2 Building Report <br />LHB Project No. 190549 430 Main St NW – Former Office <br />Main and Gates TIF Analysis <br />Building Code, Condition Deficiency and Context Analysis Report <br /> <br />Building Name: Former Office <br />Address: 430 Main Street NW, Elk River, MN 55330 <br />Parcel ID: 75-401-0130 <br />Inspection Date(s) & Time(s): August 14, 2019 9:00 am <br />Inspection Type: Interior and Exterior <br />Summary of Deficiencies: It is our professional opinion that this building is Substandard <br />because: <br />- Substantial renovation is required to correct Conditions found. <br />- Building Code deficiencies total more than 15% of <br />replacement cost, NOT including energy code deficiencies. <br /> <br /> <br />Estimated Replacement Cost: $280,670 <br />Estimated Cost to Correct Building Code Deficiencies: $58,710 <br />Percentage of Replacement Cost for Building Code Deficiencies: 20.92% <br /> <br /> <br />Defects in Structural Elements <br />1. None observed <br /> <br /> <br />Combination of Deficiencies <br />1. Essential Utilities and Facilities <br />a. There is no code-compliant access into the building. <br />b. There is no code-required accessible parking designated. <br /> <br />2. Light and Ventilation <br />a. The HVAC system does not comply with code. <br />b. The electrical wiring does not comply with code. <br /> <br />3. Fire Protection/Adequate Egress <br />a. Exterior stairways are not code-compliant. <br />b. Thresholds are not code-compliant. <br />c. Interior stairway does not comply with code. <br />d. Smoke detectors are not code-compliant. <br />e. There is no code-required emergency notification system. <br />f. Emergency lighting is not code-compliant. <br />g. There is no code-required building sprinkler system. <br />h. The building does not have code-required fire proofing. <br /> <br />4. Layout and Condition of Interior Partitions/Materials <br />a. Windowsills should be refinished. <br />b. Floor tile should be repaired. <br />