1829 Riverside Ave
5,400 SF Retail Building Minneapolis, MN 55454 For Sale
INVESTMENT HIGHLIGHTS
- Newer second-generation restaurant space adjacent to University of Minnesota
- Additional income in-place from second floor tenant and rooftop billboards
- Renovated building in high density location
EXECUTIVE SUMMARY
Second generation restaurant space available with complete four-year old commercial kitchen and restaurant in place. Additional income from second floor tenant and rooftop billboards. Building is completely renovated with newer HVAC rooftop units, operable windows, tenant spaces, restrooms, glass storefront etc.
Property is located at a signalized intersection adjacent to the University of Minnesota on highly traveled Riverside Avenue.
Restaurant space totals 3600 square feet.
Property is located at a signalized intersection adjacent to the University of Minnesota on highly traveled Riverside Avenue.
Restaurant space totals 3600 square feet.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built/Renovated
1905/2016
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.48
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
C3A
Frontage
50’ on 1829 Riverside Avenue
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 25-029-24-32-0017 | Improvements Assessment | $524,800 (2023) |
| Land Assessment | $214,400 (2023) | Total Assessment | $739,200 (2023) |
