3015 Franklin Ave E - Storefront Retail/Residential FOR SALE


Minneapolis, MN 55406- Seward
$500,000 USD
612-201-7598
3015 Franklin Ave E, Minneapolis, MN for Sale
$500,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

3015 Franklin Ave E
Minneapolis, MN 55406
Seward


HIGHLIGHTS

  • Flexible configuration supports office, studio, retail, or gallery applications.
  • Located in the Seward neighborhood with immediate access to Mississippi River trails and West River Parkway.
  • Character-filled interior featuring multiple private rooms and open gathering areas.
  • Equipped with solar paneling for efficient heating and cooling.
  • Detached two-stall garage with additional off-street parking; potential for ADU addition.
  • Excellent transit connectivity to downtown Minneapolis via major bus lines and Blue Line station.

OVERVIEW

3015 E Franklin Ave presents a versatile opportunity to acquire a character-rich property in the vibrant Seward neighborhood of Minneapolis. Situated on a 3,898 SF lot along the active Franklin Avenue corridor, this asset offers an adaptable layout with multiple enclosed rooms, open gathering spaces, and residential-style charm, accommodating a variety of uses such as office, studio, boutique retail, or gallery concepts. Its proximity to the Mississippi River trails and West River Parkway brings unique lifestyle appeal, supported by abundant neighborhood amenities, including local cafes, restaurants, and specialty shops. The property features efficient heating and cooling through solar integration and offers a detached two-stall garage with additional off-street parking. An option for a garage ADU further enhances long-term value and flexibility for users or investors seeking future upside. Excellent walkability, convenient Metro Transit access, and connectivity to the Franklin Avenue Blue Line position the property as an accessible and highly functional investment in a dynamic urban location.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,900 SF

ZONING

R1A

APN/PARCEL ID

36-029-24-11-0121

ASK ABOUT THIS PROPERTY

Joanna HicksElement Commercial Real EstateMore Info
612-201-7598

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

Joanna HicksElement Commercial Real EstateMore Info
612-201-7598

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