305 Cedar Ave S - Storefront FOR SALE


Minneapolis, MN 55454- Cedar-Riverside
$1,200,000 USD
952-260-0330
305 Cedar Ave S, Minneapolis, MN for Sale
$1,200,000 USD
Storefront - FOR SALE
1/35
null | Request Cap Rate

305 Cedar Ave S
Minneapolis, MN 55454
Cedar-Riverside


HIGHLIGHTS

  • The upper level includes four apartments that are ready for instant income, making it a great investment opportunity.
  • This property offers a blank canvas for any new business opportunity.
  • The property includes a parking lot with 10 spaces, providing ample parking for customers and employees.
  • The property features a fenced-in area, offering additional convenience and security for various uses.
  • Whether you envision retail, mixed-use development, or an investment property, this space is filled with potential.
  • Establish a flagship retail space, co-working hub, entertainment venue, or redevelopment; the potential here is limitless.

OVERVIEW

Prime Redevelopment Opportunity – 305, 309 & 317 Cedar Ave S - Preferably sold all together for $4,200,000 or sold separately. This 6,862 SF historic building, built in 1901, is a rare opportunity in a prime Minneapolis location. With stunning architectural character, the main level offers a blank canvas ready for transformation into a retail space, boutique, or creative business. The lower level, once home to a rock climbing course, provides a unique layout for an entertainment venue, fitness studio, or adaptive reuse. The upper level features four apartments, ready for tenants to generate immediate rental income. Behind the building, a private parking lot with 10 spaces and a fenced-in gravel yard offers valuable flexibility for additional storage, event hosting, or expanded parking. Whether you envision retail, mixed-use development, or an investment property, this space is filled with potential.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C2

APN/PARCEL ID

25-029-24-23-0081

ASK ABOUT THIS PROPERTY

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952-260-0330

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952-260-0330

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