3100 - 3106 W 50th Street
Minneapolis, MN 55410
Price: $1,599,999
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 |
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Nybo & Associates are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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