Are you looking for a unique property to start or grow your faith community? Look no further! Located on a prime corner lot in the Hawthorne neighborhood of Minneapolis the building presents an opportunity to start or grow a faith community without the added cost of extensive renovation. However, the property's versatility also creates an exciting investment opportunity. The property's location, architecture, and range of potential uses make it an attractive redevelopment. Don't miss this rare opportunity to make this property your own. Recent updates included a newer high-efficiency HVAC system.
This is a fantastic opportunity to own a turnkey commercial condo portfolio on the coveted retail corner of 50th & Xerxes in the Fulton, Minneapolis neighborhood. This value-add portfolio includes: Three retail/office storefronts, one 10x10 private office/storage room, and six underground parking stalls. Suite #101 was recently leased, #102 and #104 are leased up by established businesses. Suite #101 had a $105,000 renovation in 2021 and #104 underwent a $90,000 renovation in 2020. This is an opportunity to purchase the full portfolio of commercial condo units on the main retail level. A showing must be scheduled to view the property. Please do not disturb current businesses or their staff and refrain from touring the building without an appointment.
Centrally located in the heart of the Minneapolis industrial district, this neighborhood is in high demand. Less than a minute away from 35W, and less than 5 minutes away from downtown Minneapolis, this warehouse contains 6,200 square feet of warehouse space ready for move-in. The building is fully sprinkled with a drive-in door and a laboratory.
Minneapolis is located in Minnesota. Minneapolis, Minnesota has a population of 425,091. Minneapolis is less family-centric than the surrounding county with 30.62% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Minneapolis, Minnesota is $70,099. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Minneapolis is 32.7 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 31.9 inches per year, with 52.4 inches of snow per year.