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Burch Pharmacy 1934-1948 Hennepin Ave

35,498 SF Retail Building Minneapolis, MN 55403 $3,850,000 ($108/SF)

Investment Highlights

  • Fully stabilized, the properties value is estimated to exceed $5 million.
  • The Property is located at the corner of Hennepin and Franklin Ave

Executive Summary

Cushman & Wakefield, on behalf of the ownership, is pleased to exclusively offer the opportunity to acquire the Burch Building in Minneapolis, MN. The Burch Building is a mixed use office and retail property available for sale and for lease.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
35,498 SF
Building Class
C
Year Built/Renovated
1913/2013
Price
$3,850,000
Price Per SF
$108
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
3.40
Lot Size
0.24 AC
Zoning
C-2 - Commercial
Parking
19 Spaces (0.54 Spaces per 1,000 SF Leased)
Frontage
143 FT on Hennepin

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,000 SF
  • Retail
  • -
  • Now
  • 2nd Floor
  • 8,000 SF
  • Retail
  • -
  • Now
  • 3rd Floor
  • 8,000 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 8,000 SF Retail - Now
2nd Floor 8,000 SF Retail - Now
3rd Floor 8,000 SF Retail - Now

1st Floor

Size
8,000 SF
Space Use
Retail
Position
-
Available
Now

2nd Floor

Size
8,000 SF
Space Use
Retail
Position
-
Available
Now

3rd Floor

Size
8,000 SF
Space Use
Retail
Position
-
Available
Now
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Dunn Brothers Coffee
Kowalski's Markets
Starbucks
Five Guys
Caribou Coffee
Lunds & Byerlys
Buca Di Beppo
ALDI
CrossFit
Maui Tacos

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-029-24-44-0545
Land Assessment
$553,400
Improvements Assessment
$3,502,600
Total Assessment
$4,056,000
  • Listing ID: 29696540

  • Date on Market: 10/3/2023

  • Last Updated:

  • Address: 1934-1948 Hennepin Ave, Minneapolis, MN 55403

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