- For Sale $740,000
- Property Type Retail
- Property Size 1,347 SF
- Lot Size 10,350 SF
- Parking Spaces Avail. 11
- Parking Ratio 8.17 / 1,000 SF
- Date Updated Jun 15, 2026
Description
- Annual Average NOI: $49,019 (year 3 net rent) +5% mgmt fee = $51,467
- Tenant pays virtually all expenses, lease available for review.
- 100% Leased through July 31, 2029. Tenant has 5 Year option to renew
- Future Multi-Family Development Capable of approximately 29 units, 1,500 sf commercial, 18 parking stalls, or more*
Key Features:
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Fantastic corner urban infill site
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On the #6 Bus Line
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Close proximity and direct access to Bde Mka Ska
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New Roof installed in Spring of 2024
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Potential for assemblage of neighboring properties for large-scale development
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Renderings for larger scale development available upon request
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Contacts
Jim Kenney
Suntide Commercial Realty
Location
Located at 3553 Hennepin Ave, Minneapolis, MN 55408, this property is part of the CARAG neighborhood and Minneapolis St Paul market.
Contact Listing Broker
Jim Kenney
Suntide Commercial Realty
