5500 W Broadway Ave - Storefront Retail/Office FOR SALE


Minneapolis, MN 55428
$1,225,000 USD
239-900-7995
5500 W Broadway Ave, Minneapolis, MN for Sale
$1,225,000 USD
Storefront Retail/Office - FOR SALE
1/36
null | Request Cap Rate

5500 W Broadway Ave
Minneapolis, MN 55428


HIGHLIGHTS

  • No Automotive Repair or Servicing Permitted
  • Redevelopment Opportunity with 86 Apartment Units Approved by the City
  • 7 Bays & Overhead doors
  • Retail Storefront, 2 Offices, 3 Bathrooms, 7 Bays, & Storage
  • Corner Property with Strong Traffic Counts & Great Visibility

OVERVIEW

Results Commercial is pleased to present For Sale this 6,650 SF former Goodyear Tire building in Crystal, MN. Located on an excellent, high traffic, high visibility corner of West Broadway Avenue and 55th Avenue North, this building has easy access to highways and is surrounded by many strong retailers. No automotive repair or servicing permitted. Ready for a new owner user or redevelopment with 86 Apartment Units already approved by the city. Currently zoned TC - Town Center Core District. This former Goodyear Tire shop presents many opportunities for a new user. The building has a large retail storefront, 2 offices, workshop with 6 bays and overhead doors, plus 1 bay and overhead door in the back of the building along with ample room for storage. There are also 3 bathrooms with 2 in the retail/office space and 1 in the workshop. Plenty of parking with 16 spots in the front with additional room for parking in the rear of the building. 5500 W Broadway Avenue is in a designated Opportunity Zone established to incentivize investment into the community and neighborhood. This building is currently vacant and ready for its new phase! Contact listing brokers today for more information or schedule a tour!

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

TC

APN/PARCEL ID

05-118-21-44-0047

ASK ABOUT THIS PROPERTY

Mark HulseyResults CommercialMore Info
239-900-7995

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Mark HulseyResults CommercialMore Info
239-900-7995

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