409 S 9th St | Minneapolis, MN 55404
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- LoopNet Team
409 S 9th St
Minneapolis, MN 55404
Delivery Kitchen/Parking/Last-Mile Logistics · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Two-story facility currently built-out as a delivery kitchen (Ghost Kitchen) with related parking situated in Elliot Park, Minneapolis.
- Strategically located in the heart of the central business district with direct downtown and interstate access.
- The population exceeds 125,626 people within a two-mile radius, and the location is near seven new and four planned multi-family developments.
- Includes a fully permitted and operational Ghost Kitchen and ample open land that is prime and development-ready.
- Major employers nearby include US Bank Stadium, Minnesota Vikings, Target, Kraus-Anderson, Thrivent Financial, Wells Fargo, and many more.
- The opportunity is further enhanced by a below-market billboard lease and potential parking revenue.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
27,209 SF
Building Class
C
Year Built
1960
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.91
Lot Size
0.69 AC
Zoning
B4S-2 - Downtown Service District
Parking
80 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
200 FT on S 9th St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 27-029-24-14-0031 | Improvements Assessment | $276,700 |
| Land Assessment | $1,263,300 | Total Assessment | $1,540,000 |
PROPERTY TAXES
Parcel Number
27-029-24-14-0031
Land Assessment
$1,263,300
Improvements Assessment
$276,700
Total Assessment
$1,540,000
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