5009 Xerxes Ave S - Auto Repair FOR SALE


Minneapolis, MN 55410- East Fulton
$3,500,000 USD
763-501-1331
5009 Xerxes Ave S, Minneapolis, MN for Sale
$3,500,000 USD
Auto Repair - FOR SALE
1/48
null | Request Cap Rate

5009 Xerxes Ave S
Minneapolis, MN 55410
East Fulton


HIGHLIGHTS

  • High Traffic area 7348 Vehicles/day
  • Established 51 year old family business currently
  • Established reputation with a loyal customer base
  • Experienced technicians and trained staff in place
  • Opportunity for growth through expanded services or additional marketing
  • Long operating history with proven track record

OVERVIEW

Excellent opportunity to acquire a fully occupied single-tenant retail/auto property in the highly desirable Southdale submarket of Minneapolis. 51-year-old family Business, The offering consists of the sale of both the real estate and the operating business. positioned on approximately 0.35 acres with 11,235 SF of building area, the asset offers investors or owner-users the ability to acquire a stabilized urban retail property in one of Minneapolis’ strongest infill trade areas. Owner financing available

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$312 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,359 SF

ZONING

C2

APN/PARCEL ID

17-028-24-42-0231

ASK ABOUT THIS PROPERTY

Wilson GeorgeGrant Johnson Group - Real BrokerMore Info
763-501-1331

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Wilson GeorgeGrant Johnson Group - Real BrokerMore Info
763-501-1331

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