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Property Details

3100 - 3106 W 50th Street
Minneapolis, MN 55410

Price: $1,599,999

Listing # 6370075


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This is a fantastic opportunity to own a turnkey commercial condo portfolio on the coveted retail corner of 50th & Xerxes in the Fulton, Minneapolis neighborhood. This value-add portfolio includes: Three retail/office storefronts, one 10x10 private office/storage room, and six underground parking stalls. Suite #101 is currently vacant and is available for lease and/or purchase, #102 and #104 are leased up by established businesses. Suite #101 had a $105,000 renovation in 2021 and #104 underwent a $90,000 renovation in 2020. This is an opportunity to either purchase the full portfolio or lease #101. A showing must be scheduled to view the property. Please do not disturb current businesses or their staff and refrain from touring the building without an appointment.

Basic Features:

Style Mixed Use,Low Rise,Office
Type Commercial Sale
Zoning Business/Commercial
Year Built 2005
School District Minneapolis
County Hennepin
Lot Size .25
Acreage 0.25 acres
Garage 6 Car
Lot Description Public Transit (w/in 6 blks),Infill Lot,Tree Coverage - Light
Number of Units 3
Tax $ / Year $5,454 / 2023
Tax ID
Legal Description

Includes:

Building,Leases,Other

Additional Features
Government Programs
Section 17
Terrain Type
Roads City Street
Cooling Central Air
Driveway
Exterior Features Brick/Stone
Foundation 10865.00
Fuel Source Natural Gas
Handicap Access Fully Wheelchair
Heating Forced Air
Roof Flat
Sewer Service City Sewer/Connected
Water Service City Water/Connected
Water Heater
Parking Lot Assigned,Attached Garage,Garage Door Opener,Heated Garage,Underground
Exterior Construction
Utilities Electric Separate,Heating Separate,Hot Water Separate
Laundry N

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