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Thacker's Auto World

5272 West Broadway, Minneapolis, MN 55429

$595,000

2,763 SF | Retail

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Front View facing West Broadway

Retail Property For Sale

Price:
$595,000
Building Size:
2,763 SF
Price/SF:
$215.35
Property Type:
Retail
Property Sub-type:
Vehicle Related
Property Use Type:
Vacant/Owner-User
No. Stories:
1
Year Built:
1965
Lot Size:
24,962 SF
APN / Parcel ID:
0911821220035
Listing ID
17715036
Last Updated
13 days ago

Find Out More...

Highlights

  • Net taxes for 2015 $17,960.61

Description

One of the major national used vehicle dealerships just located about 3 miles from this site so this part of the Twin Cities must be a very important aspect of the Minneapolis St. Paul Used Vehicle Market. The site we are marketing is Well Established Used Car Lot in Busy Shopping Area. The property consists of about 1/2 acres of land, most of it is blacktopped with a minimum of required green landscaping. Room for about 50 cars comfortably. The building is approximately 2763 Square Feet with about 1500 Square Feet of office which is divided into a general area and a private office with the remaining space consisting of 3 service bays that are not being used. Is currently operated as a used car lot so all information needs to be treated confidentially. Before discussing with anyone, please call listing agent as Seller would like to keep this sale as confidential as possible for competitive reasons. This location Could also be of interest to a national franchised auto repair business.

This property is located near the intersection of West Broadway and Douglas Drive, just south of the Crystal Shopping Center area which is anchored by nationally known Target. Also on West Broadway and just north of this car lot are such retailers as McDonalds, Burger King and Wendys.
Across the street and to the west of this property is another used car lot and to the northwest of the property (across the street on Douglas Drive )is a car wash with another small used car business so the corner is noted for used car buying activity. There are also some other auto repair facilities in the area including a national auto repair franchise.

Map of 5272 West Broadway, Minneapolis, MN 55429 (Hennepin County)

Research for 5272 West Broadway, Minneapolis, MN 55429 (Hennepin County)

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Asking Price Index Trends for Minneapolis, MN Retail For Sale

  May 15 vs. 3 mo.
prior
Y-O-Y
-
State
$102+0.7%+6.7%
-
Metro
$113+1.7%+9.7%
-
County
$132+3.7%+5.5%

View Minneapolis Market Trends for other property types for sale or lease. Learn more about the chart info.

Thacker's Auto World
  • Retail
  • $595,000
  • 2,763 SF