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254 N 2nd Ave
Minneapolis, MN 55401
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,478 SF
Building Class
C
Year Built
1901
Tenancy
Single
Building Height
1 Story
Building FAR
0.90
Lot Size
0.14 AC
Zoning
B4S-1
Parking
5 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
61’ on N 2nd Ave

AMENITIES

  • Bus Line
  • Signage
  • Signalized Intersection

ABOUT 254 N 2ND AVE , MINNEAPOLIS, MN 55401

5,478 Square Feet, Zoned B4S-1, stand-alone Retail/Office building in the highly desirable North Loop area of Minneapolis. This is a rare offering for this type of property which includes 5 parking spots (7 spaces possible if 2 spaces are parked tandem) behind the building and on-street parking also available. The property currently operates as an adult entertainment venue (Choice), but holds many potential new uses with the B4S-1 zoning including retail and professional office. Sale includes both the single story and two story white building, which are connected, for a total of approximately 5,478 SF. Floor plan available in Offering Memorandum. Sprinkler system serving entire building and both levels. 2 restrooms main level and 1 restroom on 2nd floor. Former Commercial Kitchen in rear of building with hood venting still in place, but covered (vents to 2nd level roof – see floor plan for location). Roof is older, with recent repairs completed. 3 rooftop HVAC units with 2 serving main level & 1 serving 2nd level. Nearby downtown landmarks include: Target Field, Target Center, Fine Line Music Café, and several high profile restaurants and breweries.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-029-24-41-0100
Land Assessment
$845,100
Improvements Assessment
$351,900
Total Assessment
$1,197,000
  • Listing ID: 14883471

  • Date on Market: 1/16/2019

  • Last Updated:

  • Address: 254 N 2nd Ave, Minneapolis, MN 55401

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