3100 - 3106 W 50th ST Active Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55410
Key Details
Property Type Commercial
Sub Type Mixed Use,Low Rise,Office
Listing Status Active
Purchase Type For Sale
Subdivision Cic 1235 Fulton Lofts On Xerxes
MLS Listing ID 6370075
Year Built 2005
Annual Tax Amount $5,454
Tax Year 2023
Lot Size 10,890 Sqft
Property Description
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 is currently vacant and is available for lease and/or purchase, #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 either purchase the full portfolio or lease #101. 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.
Location
State MN
County Hennepin
Zoning Business/Commercial
Rooms
Family Room Other
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building,Leases,Other
Exterior
Garage Assigned,Attached Garage,Garage Door Opener,Heated Garage,Underground
Garage Spaces 6.0
Utilities Available Electric Separate,Heating Separate,Hot Water Separate
Roof Type Flat
Building
Lot Description Public Transit (w/in 6 blks),Infill Lot,Tree Coverage - Light
Foundation 10865
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Minneapolis