2636 University Ave NE | Minneapolis, MN 55418
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- LoopNet Team
2636 University Ave NE
Minneapolis, MN 55418
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Turn-Key Operation: Fully Equipped Gas Station, Convenience Store & Car Wash
- Grandfathered Asset: As part of the Minneapolis 2040 Plan, the establishment of new gas stations in the City of Minneapolis is prohibited.
- ±0.72 Acre Lot allows for additional development/redevelopment
- High Performing Location: #1 Most Visited BP in Minneapolis, Top 91% in Minnesota (AlphaMap)
- Bonus Depreciation Eligible: Consult with your CPA
- Minneapolis, MN: The Minneapolis-Saint Paul MSA is home to 3,712,020 residents, making it the 16th largest MSA in the United States (2023 Estimate).
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,304 SF
Building Class
B
Year Built
1973
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.72 AC
Zoning
I2
Parking
5 Spaces (3.83 Spaces per 1,000 SF Leased)
Frontage
196’ on UNIVERSITY AVE
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 11-029-24-23-0010 | Improvements Assessment | $434,200 |
| Land Assessment | $185,800 | Total Assessment | $620,000 |
PROPERTY TAXES
Parcel Number
11-029-24-23-0010
Land Assessment
$185,800
Improvements Assessment
$434,200
Total Assessment
$620,000
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