1601 NE 37th Ave
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1601 NE 37th Ave
2,159 SF Retail Building Minneapolis, MN 55421 $349,900 ($162/SF)
Executive Summary
1601 37th is an updated building, ready for a new owner, looking for a highly visible and flexible space to occupy or rent out. Zoned for office and light industrial; located at the busy intersection of Johnson Street and 37th Avenue, this property sees 9,601 cars daily. The property has a layout that would work for many different businesses and benefits from the newer roof, and high-efficiency furnace. With easy access to Central Avenue businesses and a short drive to downtown Minneapolis, the location is convenient for both costumers and employees. The building has an attached garage, which is slab on grade so vehicles can be driven in or would work well for storage space.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,159 SF
Building Class
C
Year Built
1952
Price
$349,900
Price Per SF
$162
Tenancy
Single
Building Height
1 Story
Building FAR
0.83
Lot Size
0.06 AC
Parking
11 Spaces (1.39 Spaces per 1,000 SF Leased)
Frontage
46 FT on NE 37th Ave
Amenities
- Bus Line
- Corner Lot
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 36-30-24-43-0122 | Improvements Assessment | $182,600 |
| Land Assessment | $18,300 | Total Assessment | $200,900 |
PROPERTY TAXES
Parcel Number
36-30-24-43-0122
Land Assessment
$18,300
Improvements Assessment
$182,600
Total Assessment
$200,900
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1601 NE 37th Ave
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