3100 - 3106 W 50th Street Minneapolis, MN $ 1,599,999
3100 - 3106 W 50th Street
$ 1,599,999
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3100 - 3106 W 50th Street

Minneapolis, MN, 55410
$ 1,599,999
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 9,583

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Commercial Property for sale in Minneapolis, MN

for $1,599,999. This 10,000 square foot building was built in 2005 on a lot size of 0.25.

This is a fantastic opportunity to own a turnkey commercial condo portfolio on the coveted retail corner of 50th & Xerxes in the Fulton, Minneapolis neighborhood. This value-add portfolio includes: Three retail/office storefronts, one 10x10 private office/storage room, and six underground parking stalls. Suite #101 is currently vacant and is available for lease and/or purchase, #102 and #104 are leased up by established businesses. Suite #101 had a $105,000 renovation in 2021 and #104 underwent a $90,000 renovation in 2020. This is an opportunity to either purchase the full portfolio or lease #101. A showing must be scheduled to view the property. Please do not disturb current businesses or their staff and refrain from touring the building without an appointment.

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Commercial Active

Price

$ 1,599,999

Property Type

Commercial

Taxes

$ 5,454

Style

Mixed Use,Low Rise,Office

Lot Size

0.25

Year Built

2005

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6370075

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Flat
Garage Spaces 6
Construction Materials Brick/Stone
Year Built 2005
Tenant Pays All Utilities
Property SubType Mixed Use Low Rise Office
Tax Year 2023
Current Use Professional/Office Commercial Professional Service Retail
Accessibility Fully Wheelchair
County Hennepin
Property Type Commercial Sale
Association Amenities Elevator(s) Other
Contingency None
Subdivision Name Cic 1235 Fulton Lofts On Xerxes
Directions From Hwy 62 North on Xerxes to 50th Street.
City Minneapolis
High School District Minneapolis
Zoning Description Business/Commercial
NumberOfUnitsTotal 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5454
Additional Parcels Y/N N
Virtual Tour https://listing.millcityteam.com/vt/3100_3106_W_50th_St.html
Standard Status Active
Lender Owned No
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Exterior
Parking Features Assigned Attached Garage Garage Door Opener Heated Garage Underground
Lot Features Public Transit (w/in 6 blks) Infill Lot Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Leases Other
Lot Size Area 0.25
Building Area Total 10000
Lot Dimensions .25
Foundation Area 10865
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 3100
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* Excluded Features
List By
Coldwell Banker Realty

Broker

sandra.rieger@cbrealty.com

Email

Affordability Calculator

$10,037
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,583
Monthly Property Taxes
$455
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$1,599,999 -3.03% Price Down
11/5/2023$1,650,000 -2.94% Price Down
8/22/2023$1,700,000 -10.53% Price Down
6/7/2023$1,900,000 Listed Price

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3100 - 3106 W 50th Street, Minneapolis, MN, 55410 is a Commercial Property for sale at $1,599,999 with 10,000 sqft and a lot size of 0.25. 3100 - 3106 W 50th Street was built in 2005. The property's zip code is 55410 which is in Minneapolis, MN