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Investment Highlights
- Excellent Visibility
Executive Summary
This unique, fully built-out turnkey restaurant presents an exceptional opportunity for an operator seeking immediate startup capability in one of Minneapolis’ most active
commercial corridors. This area continues to show stability and growth, making it an ideal setting for long-term business success. Whether launching a new brand or expanding an existing concept, this space accommodates diverse operational strategies.
commercial corridors. This area continues to show stability and growth, making it an ideal setting for long-term business success. Whether launching a new brand or expanding an existing concept, this space accommodates diverse operational strategies.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,200 SF
Building Class
C
Year Built/Renovated
1957/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.33 AC
Zoning
C1 - Neighborhood Commercial District
Parking
10 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Tenant Controlled HVAC
- Roof Terrace
- Storage Space
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-028-24-34-0015 | Improvements Assessment | $330,200 |
| Land Assessment | $198,800 | Total Assessment | $529,000 |
Property Taxes
Parcel Number
02-028-24-34-0015
Land Assessment
$198,800
Improvements Assessment
$330,200
Total Assessment
$529,000
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Videos
Matterport 3D Exterior
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Photos
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1024 E 38th St
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