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928 E Franklin Ave
Minneapolis, MN 55404
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,836 SF
Building Class
C
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.43 AC
Zoning
C2
Parking
34 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Signage
- Drive Thru
- Air Conditioning
About 928 E FRANKLIN AVE , MINNEAPOLIS, MN 55404
Almost a 1/2 acre of C2 Zoned land says it all, the future of this area is very bright based on current and future development projects in the works. Downtown real estate has become so expensive, this is the next big redevelopment area. Turn $700K in to a $6 to $7 million mixed use 4 story complex with national tenants pay over $40/SF to occupy the 1st floor commercial square footage. (This is not a guarantee of future profits only an assumption based on current market conditions) Plus get 1st right to buy more land to the North also owned by my client that can be converted to C2 zoning.
Property Taxes
| Parcel Number | 26-029-24-34-0073 | Improvements Assessment | $130,900 |
| Land Assessment | $300,100 | Total Assessment | $431,000 |
Property Taxes
Parcel Number
26-029-24-34-0073
Land Assessment
$300,100
Improvements Assessment
$130,900
Total Assessment
$431,000
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