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2038 W Broadway Ave 4,255 SF 100% Leased Retail Building Minneapolis, MN 55411 $540,000 ($126.91/SF)
Executive Summary
Well-Maintained Commercial Building, conveniently located directly across from Across from the Capri
Theater. Flexible layout offers excellent potential for multi-tenancy and is well suited for retail,
professional services, or office space. Several significant updates have been completed since 2012,
including a newer roof, electrical improvements, and plumbing updates. A versatile property with a strong
location and multiple possibilities for owner-users or investors.
Theater. Flexible layout offers excellent potential for multi-tenancy and is well suited for retail,
professional services, or office space. Several significant updates have been completed since 2012,
including a newer roof, electrical improvements, and plumbing updates. A versatile property with a strong
location and multiple possibilities for owner-users or investors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,255 SF
Building Class
C
Year Built
1949
Price
$540,000
Price Per SF
$126.91
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C1
Parking
1 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-029-24-22-0174 | Improvements Assessment | $241,200 |
| Land Assessment | $33,800 | Total Assessment | $275,000 |
Property Taxes
Parcel Number
16-029-24-22-0174
Land Assessment
$33,800
Improvements Assessment
$241,200
Total Assessment
$275,000
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