Great Redevelopment Opportunity For Sale in South Minneapolis!

For Sale$349,900

3320 E 54th Street, Minneapolis, MN 55417

  • Retail
  • Freestanding

Great Redevelopment Opportunity For Sale in South Minneapolis!, Minneapolis, MN 55417 - Retail Space

Great Redevelopment Opportunity For Sale in South Minneapolis! is located at 3320 E 54th Street in MN, Minneapolis, 55417. The Retail building was completed in 1932 and features a total of 3,480 Sqft.

There are 199 retail spaces for lease in the Minneapolis city, totaling 163,555 Sqft of available retail space. The average asking retail rent per sq. ft. in Minneapolis is $27.63/sqft/year.

In Minneapolis, there are 3 class A retail buildings, there are 2 class B retail buildings. In 1932, the same year Great Redevelopment Opportunity For Sale in South Minneapolis! was built, 2 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Minneapolis, featuring 730,325 square feet of commercial space.

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Details

  • Price $349,900
  • City Minneapolis
  • Zip Code 55417
  • Market Minneapolis St Paul
  • Property Type Retail - Freestanding
  • Property Size 3,480 Sqft
  • Lot Size 0.22 Acre
  • Year Built 1932
  • Date Updated 07 Dec, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

Corner of 34th Ave S & E 54th Street.

Highlights

  • Prime redevelopment opportunity
  • Corner lot
  • Blocks from Lake Nokomis
  • Zoned C1 - Neighborhood Commercial District
  • Two buildings on .22 acre lot
  • Great location for Mixed Use - Apartments/Retail
  • Great opportunity for many commercial uses

FREQUENTLY ASKED QUESTIONS

What is the lease rate for Great Redevelopment Opportunity For Sale in South Minneapolis!?

Rental asking rate at Great Redevelopment Opportunity For Sale in South Minneapolis! is Subject To Offer per square foot.

What is the total square footage of Great Redevelopment Opportunity For Sale in South Minneapolis!?

Great Redevelopment Opportunity For Sale in South Minneapolis! totals 3,480 square feet.

When was this property built?

Great Redevelopment Opportunity For Sale in South Minneapolis! was built in 1932.

Minneapolis Demographics

The average household income in zip code 55417 is $107,640, from a total of 10,867 households. In terms of employment, there are 89.50 % white-collar and 10.50 % blue-collar jobs in zip code 55417.

Population

  • Total Population420,324
  • Male Population(50.6 %) 212,823
  • Female Population(49.4 %) 207,501
  • Median Age32.30

Income/Financial

  • Average Household Income$89,280
  • Median Household Income$62,583
  • Median Income Under 25$35,529
  • Median Income 25-44$70,958
  • Median Income 45-64$67,136
  • Median Income Over 65$45,646

Attachments

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Amber Lange

Maple Grove

(763) 226-7911

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