1934 Hennepin AveMinneapolis, MN 55403

For Sale
$3,850,000

Boutique Property, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
91
The Burch Building, located at 1934 Hennepin Ave, Minneapolis, MN 55403, presents a unique investment opportunity. This Class A, mixed-use property boasts 26,758 square feet across a single building on approximately 0.34 acres. The building, renovated in 2013, offers a blend of creative office, restaurant, and storefront spaces, making it ideal for a diverse tenant mix. The property's multi-tenancy structure provides a stable income stream. The asking price is $3,850,000, translating to $143.88 per square foot. The property includes 15 parking spaces, adding significant value for tenants and visitors. Its location in Minneapolis, Hennepin County, provides excellent access to the city's vibrant cultural scene and robust business environment. Additional income streams are generated from a nearby parking lot and billboard. This value-add investment presents a compelling opportunity for discerning buyers seeking a high-return property in a prime Minneapolis location. The property's versatile space and strong location make it an attractive investment for both short-term and long-term growth. This is a rare chance to acquire a well-maintained, income-producing asset in a thriving urban market.

Highlights

  • $3,850,000 asking price for a 26,758 SF mixed-use property.
  • Class A, multi-tenant building with creative office, restaurant, and storefront spaces.
  • Value-add investment opportunity in Minneapolis, MN.
  • Located at 1934 Hennepin Ave, Minneapolis, MN 55403.
  • Renovated in 2013, featuring 15 parking spaces.

Property Details for 1934 Hennepin Ave

Property type
Other retail properties, Individual retail properties
Square Feet
26,758 SF
Class
A
Year Renovated
2013
Buildings
1

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.9629452
Longitude
-93.2915384
1934 Hennepin Ave, Minneapolis, Minnesota

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1934 Hennepin Ave
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