For Sale: Minneapolis MLS# 7036502
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Property Description
Prime commercial opportunity on East Franklin Avenue in Minneapolis offering flexible retail, restaurant, and event space options. High-visibility location with strong neighborhood traffic and easy access to surrounding residential and commercial areas. Suitable for restaurant, café, retail, event venue, or service-oriented businesses. NNN lease structure; CAM includes common area services such as snow removal, landscaping, parking lot maintenance, water, and trash.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,200,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1998
State:
MN
Property Style:
1 Story
Zip Code:
55404
Neighborhood/Area:
67
Subdivision Name:
Odoherty & Oreillys Add
Interior
Ceiling Height:
11-15
Appliances Included:
- Air-To-Air Exchanger
- Central Vacuum
- Cooktop
- Freezer
- Gas Water Heater
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
- Water Filtration System
- Water Softener Owned
Exterior
Stories:
One
Garage Spaces:
0
Garage Door Height:
0
Air Conditioning:
Central Air
Foundation Size:
10,149 ft2
Handicap Accessible:
Fully Wheelchair
Heating System:
Forced Air
Parking Features:
Parking Lot
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.42
Geolocation:
44.962433, -93.241746
Inclusions:
Building, Fixture/Equipment, Leases, Rental License
Lot Dimensions:
113 x 160 FT
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Schools
School District:
558
District Phone:
6126680000
Expenses
Tenant Expenses:
Common Area Maintenance, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$59,772
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$59,772
Units
Total Units:
4
Miscellaneous
Current Use:
- Commercial
- Restaurant
- Retail
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.