5611 Chicago Ave - Storefront FOR SALE


Minneapolis, MN 55417- Diamond Lake
$498,000 USD
612-325-7879
5611 Chicago Ave, Minneapolis, MN for Sale
$498,000 USD
Storefront - FOR SALE
1/45
null | 8.03% Cap Rate

NEW


5611 Chicago Ave
Minneapolis, MN 55417
Diamond Lake


HIGHLIGHTS

  • 11'+ ceiling height
  • Large windows in storefront
  • perfect for owner / User

OVERVIEW

2 Retail spaces with a 3000 Sq. Ft. Basement- 5609 leased through November 30, 2030, annual rent increases 5611 will be vacant upon closing of escrow

FOR SALE DETAILS

PRICE

$498,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

8.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C1

APN/PARCEL ID

23-028-24-24-0090

ASK ABOUT THIS PROPERTY

Rich MinnVerde Real Estate GroupMore Info
612-325-7879

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Rich MinnVerde Real Estate GroupMore Info
612-325-7879

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