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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)

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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

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
157’ on Lowry Ave NE

AMENITIES

  • Bus Line
Walk Score®
Very Walkable (79)
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Anytime Fitness
Wells Fargo Bank
U.S. Bank
Snap Fitness 24/7
CorePower Yoga
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11-029-24-32-0023
  • 11-029-24-32-0160
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
  • Listing ID: 37584361

  • Date on Market: 9/7/2025

  • Last Updated:

  • Address: 220 Lowry Ave NE, Minneapolis, MN 55418

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