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2748 Hennepin Ave
Minneapolis, MN 55408
Isles Building · Property For Lease

HIGHLIGHTS

  • 4 Unit Corner Retail Building
  • ~12,378 Total SF with 6,189 SF on each floor
  • For Sale at $2,500,000 ($202/total sf) with negotiable lease rates.
  • Perfect for Investor or Owner/User
  • Tenants: Isles Bun & Coffee, Lakes Area Realty, Art Gallery (short-term), & Corner Vacancy

PROPERTY FACTS

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 12,378 SF
Year Built 1927
Parking Ratio 0.4/1,000 SF

ABOUT THE PROPERTY

Results Commercial is pleased to present For Sale & Lease the Isles Building on Hennepin & W 28th in South Minneapolis. 2748 Hennepin is a Beautiful 4-Unit neighborhood Stand-Alone corner Brick Retail Building. Perfect for Investor or Owner/User as there is space available to Owner occupy. The building is currently leased to the historic Isles Bun & Coffee, Lakes Area Realty, a short-term art gallery tenant - Reflection Art Exhibition by Pario Max, and vacant ~3,000 square feet corner retail space that can easily be demised to about 1,500 square feet (plus lower level). Family owned and available for the first time in many years. Total building size of approximately 12,378 square feet – the 1st floor and lower level are each ~6,189 square feet. In the Isles Bun & Coffee space the basement is fully utilized as walk-in cooler & freezer space, office, and food storage. The basement in Lakes Area Realty is also finished and used as office & meeting space with a kitchenette + storage. Basement spaces for the art gallery and corner retail unit are not fully finished, but are useable and could be improved. The property is in overall good condition inside and out with value-add potential. Each of the 4 units are separately metered for gas with their own HVAC unit and each tenant pays their proportionate share of electric. For Sale at $2,500,000 ($202/total sf) with negotiable lease rates. Please do not disturb Tenants. All inquiries & tours through listing brokers Hayden Hulsey, CCIM & Mark Hulsey, please reach out for more information.

  • Bus Line
  • Signage
  • Signalized Intersection
  • Listing ID: 28630171

  • Date on Market: 6/1/2023

  • Last Updated:

  • Address: 2748 Hennepin Ave, Minneapolis, MN 55408

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