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Investment Highlights
- Flexible configuration supports office, studio, retail, or gallery applications.
- Character-filled interior featuring multiple private rooms and open gathering areas.
- Detached two-stall garage with additional off-street parking; potential for ADU addition.
- Located in the Seward neighborhood with immediate access to Mississippi River trails and West River Parkway.
- Equipped with solar paneling for efficient heating and cooling.
- Excellent transit connectivity to downtown Minneapolis via major bus lines and Blue Line station.
Executive Summary
3015 E Franklin Ave presents a versatile opportunity to acquire a character-rich property in the vibrant Seward neighborhood of Minneapolis. Situated on a 3,898 SF lot along the active Franklin Avenue corridor, this asset offers an adaptable layout with multiple enclosed rooms, open gathering spaces, and residential-style charm, accommodating a variety of uses such as office, studio, boutique retail, or gallery concepts. Its proximity to the Mississippi River trails and West River Parkway brings unique lifestyle appeal, supported by abundant neighborhood amenities, including local cafes, restaurants, and specialty shops.
The property features efficient heating and cooling through solar integration and offers a detached two-stall garage with additional off-street parking. An option for a garage ADU further enhances long-term value and flexibility for users or investors seeking future upside. Excellent walkability, convenient Metro Transit access, and connectivity to the Franklin Avenue Blue Line position the property as an accessible and highly functional investment in a dynamic urban location.
The property features efficient heating and cooling through solar integration and offers a detached two-stall garage with additional off-street parking. An option for a garage ADU further enhances long-term value and flexibility for users or investors seeking future upside. Excellent walkability, convenient Metro Transit access, and connectivity to the Franklin Avenue Blue Line position the property as an accessible and highly functional investment in a dynamic urban location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,164 SF
Building Class
C
Year Built
1901
Price
$510,000
Price Per SF
$235.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.09 AC
Zoning
R1A
Frontage
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 36-029-24-11-0121 | Improvements Assessment | $293,500 |
| Land Assessment | $58,500 | Total Assessment | $352,000 |
Property Taxes
Parcel Number
36-029-24-11-0121
Land Assessment
$58,500
Improvements Assessment
$293,500
Total Assessment
$352,000
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3015 Franklin Ave E
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