2400 Hennepin Ave | Minneapolis, MN 55405
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2400 Hennepin Ave
Minneapolis, MN 55405
2400-2414 Hennepin Ave · Retail Property For Sale
Investment Highlights
- Great South Minneapolis Location - Hennepin Avenue
- Value-Add Opportunity
- 94 Feet of Frontage on Hennepin Avenue
- Anchored by Spyhouse Coffee
- Redevelopment Opportunity
- On-Site Parking
Executive Summary
Newmark has been retained to exclusively represent For Sale 2400-2414 Hennepin Ave S, in Minneapolis. Originally built in 1910, this property exemplifies South Minneapolis character and history. This value-add, mixed-use investment opportunity has been family owned for nearly 80 years. The property is anchored by Spyhouse Coffee and offers multiple retail, residential and commercial opportunities for a value add investor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,849 SF
Building Class
B
Year Built
1910
Price
$1,760,000
Price Per SF
$119
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
0.87
Lot Size
0.39 AC
Zoning
C2 - C2, BFC-6, PO
Frontage
94 FT on Hennepin Ave
Amenities
- Bus Line
- Signage
- Signalized Intersection
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $760,700 | |
Land Assessment | $959,800 | Total Assessment | $1,720,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$959,800
Improvements Assessment
$760,700
Total Assessment
$1,720,500
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