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325 14th Ave SE
Minneapolis, MN 55414
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Within a few short blocks, you’ll find an impressive lineup of coffee shops, global eateries, local boutiques, and legendary music venues
- The neighborhood is also within walking distance to world-class performances and exhibits at nearby Northrop Auditorium and the Weisman Art Museum
- Located just across the river from downtown Minneapolis and with convenient access to Highways 280, I-35W, and I-94
- This vibrant and dynamic community presents a prime opportunity for retail, dining, and service-oriented businesses
EXECUTIVE SUMMARY
Located at the prime corner of Dinkytown at 325 14th Ave SE, the “Subject Property” is an iconic landmark that has long served as a cornerstone of the neighborhood, a retail
hub and a welcoming gateway to the University of Minnesota and its vibrant student population. Originally a streetcar terminal, the property has evolved through various
community-centered uses—including a school supply store, Gray’s Drugstore, The Loring Pasta Bar and most recently, Gray’s Restaurant. Throughout its history, the property has
remained a vital and well-loved part of the Dinkytown community.
The Subject Property covers approximately 0.15 acres (6,434 SF) and features a two-story retail building with a lower level, totaling roughly 17,360 SF. The street level includes a commercial kitchen, full bar, and a spacious dining area that can be easily reconfigured for events. The second level offers additional balcony seating and flexible space suitable for events. The lower level houses a secondary prep kitchen, administrative offices, and ample storage. The building’s diverse history demonstrates its potential for a wide range of future uses.
Seller will require restrictions on certain uses or sales of products to be further detailed and recorded in closing documents.
hub and a welcoming gateway to the University of Minnesota and its vibrant student population. Originally a streetcar terminal, the property has evolved through various
community-centered uses—including a school supply store, Gray’s Drugstore, The Loring Pasta Bar and most recently, Gray’s Restaurant. Throughout its history, the property has
remained a vital and well-loved part of the Dinkytown community.
The Subject Property covers approximately 0.15 acres (6,434 SF) and features a two-story retail building with a lower level, totaling roughly 17,360 SF. The street level includes a commercial kitchen, full bar, and a spacious dining area that can be easily reconfigured for events. The second level offers additional balcony seating and flexible space suitable for events. The lower level houses a secondary prep kitchen, administrative offices, and ample storage. The building’s diverse history demonstrates its potential for a wide range of future uses.
Seller will require restrictions on certain uses or sales of products to be further detailed and recorded in closing documents.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
17,360 SF
Building Class
C
Year Built
1902
Price
$3,300,000
Price Per SF
$190.09
Tenancy
Single
Building Height
3 Stories
Building FAR
2.66
Lot Size
0.15 AC
Zoning
C1 - Neighborhood Commercial District
Parking
3 Spaces (0.17 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 24-029-24-43-0012 | Improvements Assessment | $2,258,000 |
| Land Assessment | $352,000 | Total Assessment | $2,610,000 |
PROPERTY TAXES
Parcel Number
24-029-24-43-0012
Land Assessment
$352,000
Improvements Assessment
$2,258,000
Total Assessment
$2,610,000
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