$112,809.69
Minneapolis, MN 55409
MLS# 6461569
Status: Closed
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Property Description
Newly Remodeled Storefront Retail For Lease! Available for the first time since the 1960's. High demand location- 42nd and Nicollet Ave, in the Kingsfield Neighborhood. The 1st floor is 900 square feet + 900 square feet of complimentary unfinished basement space. All new Brick facade, new Storefront, 2023 TPO Roof, HVAC and more. Ability to lease neighboring space for a square footage range of 900-4000 of 1st floor space plus equivalent sized complimentary basement space. Block tenants include: Lowbrow (restaurant), Kruse Markit (Cafe/Restaurant). Bucheron (New Restaurant coming Dec 2023), Edward Jones (office), Fulton Realty (office), Apoy (restaurant), HAUS Salon and more! Tenant improvement allowance is negotiable- interior will remain mostly unfinished & ready for builtdout
Details
Maps
Contract Information
Digitally Altered Photos: No
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2024-04-25
Current Price: $112,809.69
Closed Date: 2024-03-01
Sales Close Price: 112809.69
Original List Price: 30
Contingency: None
ListPrice: 30
List Date: 2023-10-30
Office/Member Info
Association: MAAR
MLSID: RMLS
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 0
Owner Occupied: No
Year Built: 1914
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 18x126
Acres: 0.05
Foundation Size: 900
Garage Stalls: 0
For Sale or Lease: For Lease
Location, Tax and Other Information
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
Rental License?: No
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 7105
Property ID Number: 1002824310096
Tax Year: 2023
Tax Amount: 7210
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Newly Remodeled Storefront Retail For Lease! Available for the first time since the 1960's. High demand location- 42nd and Nicollet Ave, in the Kingsfield Neighborhood. The 1st floor is 900 square feet + 900 square feet of complimentary unfinished basement space. All new Brick facade, new Storefront, 2023 TPO Roof, HVAC and more. Ability to lease neighboring space for a square footage range of 900-4000 of 1st floor space plus equivalent sized complimentary basement space. Block tenants include: Lowbrow (restaurant), Kruse Markit (Cafe/Restaurant). Bucheron (New Restaurant coming Dec 2023), Edward Jones (office), Fulton Realty (office), Apoy (restaurant), HAUS Salon and more! Tenant improvement allowance is negotiable- interior will remain mostly unfinished & ready for builtdout
Directions: High visibility location on Nicollet Ave
Accessible
No Stairs External: 1
Assessments
Assessment Balance: 147.73
Tax With Assessments: 7357.68
Basement
Poured Concrete: 1
Building Information
Building Finished SqFt: 900
Building SqFt: 1800
Ceiling Height: 8-10
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Stucco: 1
Fuel
Electric: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Triple Net: 1
Lease Amount Type: Square Foot
Lock Box Type
None: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Paved Lot: 1
Uncovered/Open: 1
Public Survey Info
Range#: 24
Section#: 10
Township#: 28
Sale Options
Sale Includes: Other
Sewer
City Sewer/Connected: 1
Unit Details
Total Units: 1
Water
City Water/Connected: 1
Tenant Pays
All Utilities: 1
Taxes: 1
Water: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Separate: 1
CMU Style
Freestanding: 1
Retail/Shopping Center: 1
Current Use
Commercial: 1
Food Service: 1
Retail: 1
Vacant: 1
Loan Terms
Lease Purchase: 1
Location Tax and Other Information
House Number: 4250
Street Name: Nicollet
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55409
Complex/Dev/Subdivision: Cable Line Add
Property Features
Accessible: No Stairs External
Basement: Poured Concrete
CMU Style: Freestanding; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Commercial; Food Service; Retail; Vacant
Exterior: Brick/Stone; Stucco
Fuel: Electric
Heating: Forced Air
Lease Details: Triple Net
Loan Terms: Lease Purchase
Lock Box Type: None
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Paved Lot; Uncovered/Open
Sewer: City Sewer/Connected
Tenant Pays: All Utilities; Taxes; Water
Water: City Water/Connected
Listing Office: RE/MAX Results
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.