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Market-Bar-B-Que 220 Lowry Ave NE 4,000 SF Retail Building Minneapolis, MN 55418 $1,250,000 ($312.50/SF)



INVESTMENT HIGHLIGHTS
- Spacious Facility – 6,591 sq ft with seating for ~200 plus small outdoor patio.
- Prime location in Northeast Minneapolis—ready for immediate occupancy
- Turnkey Layout – Full kitchen, bar, event space, ample storage, and 24 sq ft smokehouse.
EXECUTIVE SUMMARY
This recently built (7 years) restaurant in Northeast Minneapolis offers a rare turnkey opportunity in one of the Twin Cities’ most vibrant neighborhoods. Designed with efficiency and customer experience in mind, the facility features a full commercial kitchen outfitted with top-of-the-line equipment in excellent condition, a welcoming dining room, a well-appointed bar, and a flexible event space. Ample storage throughout the property supports smooth operations and future growth. Adding to its uniqueness, the property includes a custom 24 sq ft smokehouse—ideal for specialty menu items or catering. With its modern layout, prime location, and outstanding infrastructure, this restaurant is ready for a new operator to hit the ground running.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$26,600
|
$6.65
|
| Operating Expenses |
$40
|
$0.01
|
| Total Expenses |
$26,640
|
$6.66
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $26,600 |
| Annual Per SF | $6.65 |
| Operating Expenses | |
|---|---|
| Annual | $40 |
| Annual Per SF | $0.01 |
| Total Expenses | |
|---|---|
| Annual | $26,640 |
| Annual Per SF | $6.66 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1914/2018
Price
$1,250,000
Price Per SF
$312.50
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.31 AC
Zoning
C-1
Parking
8 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
Walk Score®
Very Walkable (79)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $854,700 (2024) | |
| Land Assessment | $137,900 (2024) | Annual Taxes | $26,600 ($6.65/SF) |
| Improvements Assessment | $716,800 (2024) | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$137,900 (2024)
Improvements Assessment
$716,800 (2024)
Total Assessment
$854,700 (2024)
Annual Taxes
$26,600 ($6.65/SF)
Tax Year
2025 Payable 2025
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Market-Bar-B-Que | 220 Lowry Ave NE
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