For Sale $740,000
Property Type Retail
Property Size 1,347 SF
Lot Size 10,350 SF
NOI / YR 49019
Additional Rent Contact for pricing
Parking Spaces Avail. 11
Parking Ratio 8.17 / 1,000 SF
Date Updated Nov 21, 2024

Annual Average NOI: $49,019 (year 3 net rent) +5% mgmt fee = $51,467
Tenant pays virtually all expenses, lease available for review.
100% Leased through July 31, 2029. Tenant has 5 Year option to renew
Future Multi-Family Development Capable of approximately 29 units, 1,500 sf commercial, 18 parking stalls, or more*

Key Features:

Fantastic corner urban infill site
On the #6 Bus Line
Close proximity and direct access to Bde Mka Ska
New Roof installed in Spring of 2024
Potential for assemblage of neighboring properties for large-scale development
Renderings for larger scale development available upon request

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Jim Kenney Is this you?

Suntide Commercial Realty

Location

Getting Around

Walk Score ®
69/100 Somewhat Walkable
Transit Score ®
46/100 Some Transit
Bike Score ®
93/100 Biker's Paradise

City Minneapolis, MN
Neighborhood CARAG
Zip Code 55408
Market Minneapolis St Paul

Points of Interest

Lakewood Cemetary Stop

0.37 miles
Cottage City Stop

0.71 miles
42nd St Depot

0.90 miles
West Lake Street

1.45 miles
West 21st Street

1.77 miles
Beltline Boulevard

2.06 miles
Bryn Mawr

2.15 miles
Bassett Creek Valley

2.52 miles
Wooddale Avenue

2.77 miles
Lake Street/Midtown

2.99 miles

minnoco

0.51 miles
Speedway

0.73 miles
Marathon

1.07 miles
Holiday

1.37 miles
AM Automation

1.54 miles
Tesla Supercharger

2.45 miles
ChargePoint

3.05 miles
Greenlots

4.15 miles

Seven Points Parking Ramp

0.65 miles
Leaning Tower Parking Lot

1.58 miles
28th St Parking

1.60 miles
MCAD Parking Lot C

1.72 miles
Overflow Parking Ramp

2.09 miles
Green Ramp

2.11 miles
Main Parking Ramp

2.11 miles
Vineland Place Ramp

2.13 miles
Piper Parking Lot

2.20 miles
Blue Ramp

2.22 miles

Cafe WYRD

0.37 miles
Our Kitchen

0.39 miles
Vo's Vietnamese Restaurant

0.49 miles
Kim's

0.61 miles
Famous Dave's

0.64 miles
Pizza Lucé

0.64 miles
Sushi Tango

0.65 miles
Amazing Thailand

0.66 miles
Chiang Mai Thai

0.66 miles
Roat Osha

0.68 miles

Seven Points

0.66 miles
Lunds & Byerlys

0.75 miles
Cub Foods

0.84 miles
Halal Market

1.01 miles
ALDI

1.31 miles
Seward Community Co-op Friendship Store

1.31 miles
Whole Foods Market

1.36 miles
Nicollet Halal Market

1.38 miles
Kowalski's Uptown Market

1.38 miles
Shuang Hur Supermarket

1.44 miles

Frequently Asked Questions

How much does 3553 Hennepin Ave. S. cost?

The space currently listed for sale at 3553 Hennepin Ave. S. asks for $740,000.

What is the total square footage of 3553 Hennepin Ave. S.?

3553 Hennepin Ave. S. totals 1,347 square feet.

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