3100 - 3106 W 50th Street Minneapolis, MN $ 1,700,000
3100 - 3106 W 50th Street
$ 1,700,000
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3100 - 3106 W 50th Street

Minneapolis, MN, 55410
$ 1,700,000
Bedrooms-- Baths0.0 Sq 10,000

Monthly Estimate*

$ 11,875

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Commercial Property for sale in Minneapolis, MN

for $1,700,000. This 10,000 square foot building was built in 2005 on a lot size of 0.25 Acre(s).

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

$ 1,700,000

Property Type

Commercial

Taxes

$ 5,454

Lot Size

0.25 Acre(s)

Year Built

2005

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6370075

Features
Interior
Building Amenities Elevator
Cooling System Central Air
Heating System Forced Air
Sewer City Sewer
Water Source City Water
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Exterior
Construction Brick/Stone
Garage 1-15 Spaces Attached Garage Door Opener Heated
Lot Description InFill Lot Wooded / Trees
Parking 1-20 Open Parking Spaces Assigned Parking Underground
Road Frontage City Street Public Maintained Road
Roof Flat Roof
Separate Utilities Electric Meters Heat Hot Water
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Miscellaneous
Accessibility Wheel Chair Access
Commercial Sale Includes Building
Documents Leases
Public Transportation Location Public Transit
Utilities Internet Fiber Optic
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Rental
Tenant Pays All Utilities
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* Excluded Features
List By
Coldwell Banker Realty

Broker

sandra.rieger@cbrealty.com

Email

Affordability Calculator

$12,330
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,875
Monthly Property Taxes
$455
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
Minneapolis School District
Pricing History
DatePricePrice ChangeDescription
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 $1,700,000 with 10,000 sqft and a lot size of 0.25 Acre(s). 3100 - 3106 W 50th Street has 0.0 baths and was built in 2005. The property's zip code is 55410 which is in Minneapolis, MN