1829 Riverside Ave - Storefront Retail/Office FOR SALE


Minneapolis, MN 55454- Cedar-Riverside
$700,000 USD
612-719-9999
1829 Riverside Ave, Minneapolis, MN for Sale
$700,000 USD
Storefront Retail/Office - FOR SALE
1/21
null | Request Cap Rate

1829 Riverside Ave
Minneapolis, MN 55454
Cedar-Riverside


HIGHLIGHTS

  • Newer second-generation restaurant space adjacent to University of Minnesota
  • Renovated building in high density location
  • Additional income in-place from second floor tenant and rooftop billboards

OVERVIEW

Building is 5400sf. Currently an restaurant operator is in the 3600sf restaurant/commercial kitchen space on a month-to-month lease. Operator would like to sign a long term lease but can be terminated for a new owner/operator. Second generation restaurant space available with complete four-year old commercial kitchen and restaurant in place. Additional income from second floor tenant and rooftop billboards. Building is completely renovated with newer HVAC rooftop units, operable windows, tenant spaces, restrooms, glass storefront etc. Property is located at a signalized intersection adjacent to the University of Minnesota on highly traveled Riverside Avenue. High density location with much pedestrian and vehicle traffic. Restaurant space totals 3600 square feet.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C3A

APN/PARCEL ID

25-029-24-32-0017

ASK ABOUT THIS PROPERTY

Joe SullivanAugust VenturesMore Info
612-719-9999

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Joe SullivanAugust VenturesMore Info
612-719-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.