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2400-2414 Hennepin Ave 2400 Hennepin Ave 14,849 SF 100% Leased Retail Building Minneapolis, MN 55405 $1,760,000 ($118.53/SF)
INVESTMENT HIGHLIGHTS
- Great South Minneapolis Location - Hennepin Avenue
- Value-Add Opportunity
- 94 Feet of Frontage on Hennepin Avenue
- Anchored by Spyhouse Coffee
- Redevelopment Opportunity
- On-Site Parking
EXECUTIVE SUMMARY
Newmark has been retained to exclusively represent For Sale 2400-2414 Hennepin Ave S, in Minneapolis. Originally built in 1910, this property exemplifies South Minneapolis character and history. This value-add, mixed-use investment opportunity has been family owned for nearly 80 years. The property is anchored by Spyhouse Coffee and offers multiple retail, residential and commercial opportunities for a value add investor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,849 SF
Building Class
B
Year Built
1910
Price
$1,760,000
Price Per SF
$118.53
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
0.87
Lot Size
0.39 AC
Zoning
C2 - C2, BFC-6, PO
Frontage
94’ on Hennepin Ave
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $89,000 | |
| Land Assessment | $770,000 | Total Assessment | $859,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$770,000
Improvements Assessment
$89,000
Total Assessment
$859,000
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2400-2414 Hennepin Ave | 2400 Hennepin Ave
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