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2640 Nicollet Ave - Good Dwelling 7,745 SF Retail Condo Unit Offered at $1,750,000 in Minneapolis, MN 55408
Investment Highlights
- Prime Nicollet Avenue “Eat Street” location
- Corridor Mixed-Use (CM2) zoning.
- Located within the Good Dwelling mixed-use development.
- Strong visibility and pedestrian activity along Nicollet Avenue.
Executive Summary
2640 Nicollet Avenue presents a rare opportunity to acquire a turnkey retail condominium in the heart of Minneapolis' renowned “Eat Street” corridor. Occupying the entire ground floor of the newer-construction Good Dwelling apartment community, the property offers approximately 7,745 square feet of highly visible commercial space beneath 80 residential units. Designed to accommodate grocery, restaurant, food service, or retail concepts, the space includes significant infrastructure improvements, dedicated parking, and equipment that can support immediate occupancy or repositioning.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 34-029-24-31-0273 |
| No. Parking Spaces | 20 |
| Sale Type | Owner User |
| No. Parking Spaces | 20 |
| APN/Parcel ID | 34-029-24-31-0273 |
Description
Reduced price! Street-level retail condo unit in the heart of "Eat Street" on Nicollet Avenue- entire main floor of the Good Dwelling apartment building! 7,745 SF. Fully built out grocery store (operating) constructed in 2019. Beautiful and functional space. Sale or lease. Contact broker for information today!
Sale Notes
Good Grocer- Owner/User Opportunity- 7,745 SF Retail Condo
Price Reduced! Sale or Lease
in the heart of "Eat Street" on Nicollet Avenue- entire main floor of the Good Dwelling apartment building! 7,745 SF. Currently an operating grocery store (Good Grocer), this is a rare, move-in ready opportunity for a variety of food concepts. "Turn-key" with commercial kitchen (hood sleeve in place), walk-in refrigerator and freezer, & loads of FF&E in place. Priced well below replacement cost. Owner will also consider a lease. Contact broker today for additional information and to schedule a tour.
Price Reduced! Sale or Lease
in the heart of "Eat Street" on Nicollet Avenue- entire main floor of the Good Dwelling apartment building! 7,745 SF. Currently an operating grocery store (Good Grocer), this is a rare, move-in ready opportunity for a variety of food concepts. "Turn-key" with commercial kitchen (hood sleeve in place), walk-in refrigerator and freezer, & loads of FF&E in place. Priced well below replacement cost. Owner will also consider a lease. Contact broker today for additional information and to schedule a tour.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2650 | 7,745 SF | Retail | $1,750,000 ($225.95/SF) | - |
Unit 2650
| Unit Size |
| 7,745 SF |
| Condo Use |
| Retail |
| Price |
| $1,750,000 ($225.95/SF) |
| NOI |
| - |
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Unit 2650
| Unit Size | 7,745 SF |
| Condo Use | Retail |
| Price | $1,750,000 ($225.95/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 20 |
| APN/Parcel ID | 34-029-24-31-0273 |
| Description | |
| Reduced price! Street-level retail condo unit in the heart of "Eat Street" on Nicollet Avenue- entire main floor of the Good Dwelling apartment building! 7,745 SF. Fully built out grocery store (operating) constructed in 2019. Beautiful and functional space. Sale or lease. Contact broker for information today!</li></ul> | |
| Sale Notes | |
| Good Grocer- Owner/User Opportunity- 7,745 SF Retail Condo<br> Price Reduced! Sale or Lease<br> <br> in the heart of "Eat Street" on Nicollet Avenue- entire main floor of the Good Dwelling apartment building! 7,745 SF. Currently an operating grocery store (Good Grocer), this is a rare, move-in ready opportunity for a variety of food concepts. "Turn-key" with commercial kitchen (hood sleeve in place), walk-in refrigerator and freezer, & loads of FF&E in place. Priced well below replacement cost. Owner will also consider a lease. Contact broker today for additional information and to schedule a tour.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 80,000 SF | Typical Floor Size | 13,333 SF |
| Property Type | Multifamily (Condo) | Year Built | 2019 |
| Property Subtype | Apartment | Lot Size | 0.52 AC |
| Building Class | A | Parking Ratio | 0.25/1,000 SF |
| Floors | 6 | ||
| Zoning | CM2 - Corridor Mixed-Use | ||
| Total Building Size | 80,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 6 |
| Typical Floor Size | 13,333 SF |
| Year Built | 2019 |
| Lot Size | 0.52 AC |
| Parking Ratio | 0.25/1,000 SF |
| Zoning | CM2 - Corridor Mixed-Use |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 70 | - | 474 - 479 |
| 2+1 | 5 | - | 627 |
| 2+2 | 5 | - | 793 |
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
2640 Nicollet Ave - Good Dwelling