3440 Bloomington Avenue Minneapolis, MN $ 750,000
3440 Bloomington Avenue
$ 750,000
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3440 Bloomington Avenue

Minneapolis, MN, 55407
$ 750,000
Baths0.0 Sq 1,375

Monthly Estimate*

$ 5,239

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Studio

Commercial Property for sale in Minneapolis, MN

for $750,000. This 1,375 square foot building was built in 1909 on a lot size of 0.07.

Incredibly rare opportunity to own and operate this amazing Neighborhood Coffee Shop and Bakery with Business Opportunity in the Powderhorn Park Community! May Day Cafe is a quaint, well-maintained building boasting a cozy and inviting ambiance, complete with ample seating and a welcoming atmosphere! Equipped with a fully operational, well-appointed kitchen, the bakery offers the perfect setup for an aspiring entrepreneur to continue the legacy. The cafe has an stablished clientele with a strong local following, providing a solid foundation for continued growth and expansion. With a proven 27-year track record of profitability and success, the business comes with a team of skilled and dedicated staff members who have contributed to the establishment's stellar reputation. This property benefits from a prime location with high foot traffic and easy accessibility. Surrounded by thriving local businesses, 1 block from a 64-acre park, on the 14 bus line, and high foot traffic!

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Commercial Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,770

Style

Business

Lot Size

0.07

Year Built

1909

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6451812

Features
General
Sewer City Sewer - In Street
Heating Forced Air
Utilities Electric Common Heating Common Hot Water Common
Roof Age 8 Years or Less Rubber
Appliances Dishwasher Exhaust Fan Freezer Gas Water Heater Microwave Range Refrigerator Stainless Steel Appliances Washer
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1909
Levels One
Property SubType Business
Tax Year 2023
Current Use Commercial Food Service
Accessibility Doors 36 + Fully Wheelchair Grab Bars In Bathroom
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Bloomington Ave Add
Possible Use Office Professional Service Rest/Lounge Restaurant Retail Shop Grocery
Directions 35th St to Bloomington Ave to property on west side of street.
City Minneapolis
Buyer Agent Compensation 3.00
High School District Minneapolis
Zoning Description Business/Commercial
Total Units 1
Street Name Bloomington
Land Lease Y/N N
Tax Annual Amount 4770
Additional Parcels Y/N N
Days on Market 182
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Block
Basement (Y/N) Y
Street Suffix Avenue
Fuel Natural Gas
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Exterior
Parking Features Asphalt
Water Source City Water - In Street
Inclusions Building Business Assets Business Fixture/Equipment
Lot Size Area 0.07
Building Area Total 1375
Lot Dimensions 130x24
Lot Size Units Acres
Foundation Area 875
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 3440
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* Excluded Features
List By
Lakes Area Realty

Broker

goodtobehome@gmail.com

Email

Affordability Calculator

$5,636
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,239
Monthly Property Taxes
$398
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!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2023$750,000 Listed Price

Map


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3440 Bloomington Avenue, Minneapolis, MN, 55407 is a Commercial Property for sale at $750,000 with 1,375 sqft and a lot size of 0.07. 3440 Bloomington Avenue is a studio with 0.0 baths and was built in 1909. The property's zip code is 55407 which is in Minneapolis, MN