1500 W Broadway Ave - Storefront Retail/Residential FOR SALE


Minneapolis, MN 55411- Jordan
$625,000 USD
612-806-2505
1500 W Broadway Ave, Minneapolis, MN for Sale
$625,000 USD
Storefront Retail/Residential - FOR SALE
1/31
null | Request Cap Rate

1500 W Broadway Ave
Minneapolis, MN 55411
Jordan


HIGHLIGHTS

  • Mixed-Use Building: Income-producing property with fully-leased, groundfloor commercial space and residential units above.
  • Adjacent Vacant Lot: Ideal for expansion, new development, or additional parking.
  • Located in a Designated Opportunity Zone: Unlock valuable tax benefits and investment growth potential.
  • High-Traffic Location: Surrounded by thriving businesses, dining, and residential communities.
  • Easy Access to Public Transit & Major Highways: Ensures seamless connectivity for tenants and customers.
  • Strong Demand for Commercial & Residential Spaces: A sought-after area with increasing property values.

OVERVIEW

Introducing a prime investment opportunity in the heart of Minneapolis/St Paul, 1500 W Broadway Ave offers one mixed-use building with 3 units, 5,372 Total SF, and attached rear lot ideal for multifamily/mid-rise investors. Built in 1901 and zoned CM1/UN2, this property and adjacent land present a compelling blend of old-world charm and modern potential. With its prime location and solid unit count, this property is poised to deliver exceptional value and returns for savvy investors. Don't miss the chance to add this gem to your portfolio in the dynamic Minneapolis/St Paul area. Unlock the full potential of this exceptional real commercial real estate package featuring a fully renovated and operational mixed-use building and an adjacent vacant lot in a rapidly growing Opportunity Zone. Perfectly positioned for investors, developers, or business owners, this offering provides a rare chance to capitalize on strong rental income, future development potential, and significant tax incentives. Located in a high-visibility corridor with strong foot traffic and easy access to major transportation hubs, this property is primed for immediate and long-term success. Seize this rare investment opportunity to own, expand, or develop in one of the most promising locations in the market. Whether you're looking to grow your portfolio or establish a dynamic mixed-use hub, this property offers unmatched versatility and financial upside. Schedule a private tour today and take the first step toward maximizing your investment potential!

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,494 SF

ZONING

CM1

APN/PARCEL ID

16-029-24-24-0080,16-029-24-24-0135

ASK ABOUT THIS PROPERTY

Ivan AlvaradoResults CommercialMore Info
612-806-2505

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Ivan AlvaradoResults CommercialMore Info
612-806-2505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.