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Investment Highlights
- Beautifully renovated in 2021-2022 & located on desirable Nicollet & 43rd
- 6,696 SF Total Building: 3,348 SF main level + 3,348 SF basement
- CM2 Corridor Mixed-Use Zoning: Flexible Minneapolis zoning
- Currently owner occupied and will vacate at closing
- 4 Dedicated Parking Stalls located directly behind the building with convenient alley access
- Contact Listing Broker Hayden Hulsey, CCIM at hayden@resultscommercial.com or 651-256-7404
Executive Summary
• Rare Kingfield South Minneapolis Office/Retail Building For Sale
• Beautifully renovated in 2021-2022 & located on desirable Nicollet & 43rd
• Perfect Investor, 1031 Exchange, or Owner/User Opportunity
• Currently owner occupied and will vacate at closing
• 6,696 SF Total Building: 3,348 SF main level + 3,348 SF basement.
• Excellent Condition & Turn-Key Office Buildout: Currently occupied and built out as a real estate office with modern finishes, abundant natural light, and flexibility
• Functional Main-Level Layout Includes: 5 private offices, 2 conference rooms, large open workspace, large flex space, kitchen, restroom, and collaborative work areas.
• Full 3,348 SF Basement: Partially finished lower level provides substantial additional flex space, storage, workspace, and workout room.
• Potential 2 Suite Configuration: Main level can potentially be demised into two separate units with two existing storefront entrances and existing interior garage-style doors providing a natural separation between the spaces.
• 4 Dedicated Parking Stalls located directly behind the building with convenient alley access.
• Rooftop Solar System: 19.6 kW system consisting of 43 solar panels with Enphase inverters and estimated annual production of approximately 23,635 kWh.
• Building Systems: Solar 2025, Roof 2002, HVAC 2007, storage & restroom addition 2007, major office buildout by current owner in 2021-2022
• CM2 Corridor Mixed-Use Zoning: Flexible Minneapolis zoning accommodating a broad range of retail, office, service, residential, and mixed-use opportunities.
• Highly desirable Kingfield / South Minneapolis Location: Surrounded by dense residential neighborhoods, restaurants, neighborhood retail, apartments, and everyday amenities.
• Strong Surrounding Demographics: Approximately 24,329 residents and $140,183 average household income within one mile.
• 6,871 Vehicles Per Day on Nicollet Avenue providing consistent visibility and exposure.
• Contact Listing Broker Hayden Hulsey, CCIM at hayden@resultscommercial.com or 651-256-7404
• Beautifully renovated in 2021-2022 & located on desirable Nicollet & 43rd
• Perfect Investor, 1031 Exchange, or Owner/User Opportunity
• Currently owner occupied and will vacate at closing
• 6,696 SF Total Building: 3,348 SF main level + 3,348 SF basement.
• Excellent Condition & Turn-Key Office Buildout: Currently occupied and built out as a real estate office with modern finishes, abundant natural light, and flexibility
• Functional Main-Level Layout Includes: 5 private offices, 2 conference rooms, large open workspace, large flex space, kitchen, restroom, and collaborative work areas.
• Full 3,348 SF Basement: Partially finished lower level provides substantial additional flex space, storage, workspace, and workout room.
• Potential 2 Suite Configuration: Main level can potentially be demised into two separate units with two existing storefront entrances and existing interior garage-style doors providing a natural separation between the spaces.
• 4 Dedicated Parking Stalls located directly behind the building with convenient alley access.
• Rooftop Solar System: 19.6 kW system consisting of 43 solar panels with Enphase inverters and estimated annual production of approximately 23,635 kWh.
• Building Systems: Solar 2025, Roof 2002, HVAC 2007, storage & restroom addition 2007, major office buildout by current owner in 2021-2022
• CM2 Corridor Mixed-Use Zoning: Flexible Minneapolis zoning accommodating a broad range of retail, office, service, residential, and mixed-use opportunities.
• Highly desirable Kingfield / South Minneapolis Location: Surrounded by dense residential neighborhoods, restaurants, neighborhood retail, apartments, and everyday amenities.
• Strong Surrounding Demographics: Approximately 24,329 residents and $140,183 average household income within one mile.
• 6,871 Vehicles Per Day on Nicollet Avenue providing consistent visibility and exposure.
• Contact Listing Broker Hayden Hulsey, CCIM at hayden@resultscommercial.com or 651-256-7404
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
6,696 SF
Building Class
C
Year Built
1915
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.40
Lot Size
0.11 AC
Zoning
CM2 - CM2 Zoning: Flexible Minneapolis zoning accommodating a broad range of retail, office, service, residential, and mixed-use opportunities.
Frontage
43’ on Nicollet Ave
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-028-24-42-0143 | Improvements Assessment | $575,000 |
| Land Assessment | $100,000 | Total Assessment | $675,000 |
Property Taxes
Parcel Number
10-028-24-42-0143
Land Assessment
$100,000
Improvements Assessment
$575,000
Total Assessment
$675,000
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