Sold: Minneapolis MLS# 6461569
Sold
$30 (list price)
$112,810
Commercial: Retail/Shopping Center
Built 1914
0.05 acres
Minneapolis schools
MLS# 6461569
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Property Description
Newly Remodeled Storefront Retail For Lease! Available for the first time since the 1960's. High demand location- 42nd and Nicollet Ave, in the Kingsfield Neighborhood. The 1st floor is 900 square feet + 900 square feet of complimentary unfinished basement space. All new Brick facade, new Storefront, 2023 TPO Roof, HVAC and more. Ability to lease neighboring space for a square footage range of 900-4000 of 1st floor space plus equivalent sized complimentary basement space. Block tenants include: Lowbrow (restaurant), Kruse Markit (Cafe/Restaurant). Bucheron (New Restaurant coming Dec 2023), Edward Jones (office), Fulton Realty (office), Apoy (restaurant), HAUS Salon and more! Tenant improvement allowance is negotiable- interior will remain mostly unfinished & ready for builtdout
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$30
Sold Price:
$112,810
Sold Date:
03/01/2024
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1914
State:
MN
Property Style:
Retail/Shopping Center
Zip Code:
55409
Neighborhood/Area:
King Field
Subdivision Name:
Cable Line Add
Interior
Ceiling Height:
8-10
Basement Details:
Concrete
Exterior
Garage Spaces:
0
Other Parking Spaces:
0
Foundation Size:
900 ft2
Handicap Accessible:
No Stairs External
Heating System:
Forced Air
Parking Features:
- Open
- Paved
Exterior Material:
- Brick/Stone
- Stucco
Lot & Land
Acres:
0.05
Geolocation:
44.925338, -93.278334
Inclusions:
Other
Lot Dimensions:
18 x 126
Zoning:
Business/Commercial
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Tenant Expenses:
All Utilities, Taxes, Water
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$7,210
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$7,358
Units
Total Units:
1
Miscellaneous
Current Use:
- Commercial
- Food Service
- Retail
- Vacant
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
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Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.