Active

3100 - 3106 W 50th Street

Minneapolis MN, 55410

$1,599,999


$160.00 per sqft

Active

10,000 sqft

Commercial

Built in 2005

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.

6370075

MLS ID

June 7, 2023

Listed

May 9, 2024

Updated

Map

3100 - 3106 W 50th Street
Minneapolis MN, 55410

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

Public Transit (w/in 6 blks), Infill Lot, Tree Coverage - Light


Roof

Flat


Sewer

City Sewer/Connected

School Information

School District

Minneapolis

Other Property Details

Taxes

$5,454


Tax Frequency

Annually


Days on Market

302


Association Amenities

Elevator(s), Other


Garage

Yes


Garage Spaces

6


Parking

Assigned, Attached Garage, Garage Door Opener, Heated Garage, Underground


View

No


County

Hennepin


Water Source

City Water/Connected


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/4/2024

Price Change

$1,599,999

-4%

11/5/2023

Price Change

$1,650,000

-3%

8/22/2023

Price Change

$1,700,000

-11%

 

Courtesy of Coldwell Banker Realty

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Roost Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Northstar MLS. All rights reserved. 

Data last updated 7:34 AM UTC, 5/9/2024

Powered byLuxury Presence