4251 Nicollet Ave - Storefront Retail/Office FOR SALE


Minneapolis, MN 55409- Kingfield
$1,150,000 USD
651-769-4826
4251 Nicollet Ave, Minneapolis, MN for Sale
$1,150,000 USD
Storefront Retail/Office - FOR SALE
1/41
null | Request Cap Rate

4251 Nicollet Ave
Minneapolis, MN 55409
Kingfield


HIGHLIGHTS

  • Beautifully renovated in 2021-2022 & located on desirable Nicollet & 43rd
  • Currently owner occupied and will vacate at closing
  • 6,696 SF Total Building: 3,348 SF main level + 3,348 SF basement
  • 4 Dedicated Parking Stalls located directly behind the building with convenient alley access
  • CM2 Corridor Mixed-Use Zoning: Flexible Minneapolis zoning
  • Contact Listing Broker Hayden Hulsey, CCIM at hayden@resultscommercial.com or 651-256-7404

OVERVIEW

• Rare Kingfield South Minneapolis Office/Retail Building For Sale • Beautifully renovated in 2021-2022 & located on desirable Nicollet & 43rd • Perfect Investor, 1031 Exchange, or Owner/User Opportunity • Currently owner occupied and will vacate at closing • 6,696 SF Total Building: 3,348 SF main level + 3,348 SF basement. • Excellent Condition & Turn-Key Office Buildout: Currently occupied and built out as a real estate office with modern finishes, abundant natural light, and flexibility • Functional Main-Level Layout Includes: 5 private offices, 2 conference rooms, large open workspace, large flex space, kitchen, restroom, and collaborative work areas. • Full 3,348 SF Basement: Partially finished lower level provides substantial additional flex space, storage, workspace, and workout room. • Potential 2 Suite Configuration: Main level can potentially be demised into two separate units with two existing storefront entrances and existing interior garage-style doors providing a natural separation between the spaces. • 4 Dedicated Parking Stalls located directly behind the building with convenient alley access. • Rooftop Solar System: 19.6 kW system consisting of 43 solar panels with Enphase inverters and estimated annual production of approximately 23,635 kWh. • Building Systems: Solar 2025, Roof 2002, HVAC 2007, storage & restroom addition 2007, major office buildout by current owner in 2021-2022 • CM2 Corridor Mixed-Use Zoning: Flexible Minneapolis zoning accommodating a broad range of retail, office, service, residential, and mixed-use opportunities. • Highly desirable Kingfield / South Minneapolis Location: Surrounded by dense residential neighborhoods, restaurants, neighborhood retail, apartments, and everyday amenities. • Strong Surrounding Demographics: Approximately 24,329 residents and $140,183 average household income within one mile. • 6,871 Vehicles Per Day on Nicollet Avenue providing consistent visibility and exposure. • Contact Listing Broker Hayden Hulsey, CCIM at hayden@resultscommercial.com or 651-256-7404

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,696 SF

ZONING

CM2

APN/PARCEL ID

10-028-24-42-0143

ASK ABOUT THIS PROPERTY

Hayden Hulsey, CCIMResults CommercialMore Info
651-769-4826

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Hayden Hulsey, CCIMResults CommercialMore Info
651-769-4826

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