Building Details:
• Year Built: 1942
RE/MAX RESULTS COMMERCIAL is pleased to offer an exceptional Mixed-use Structure located at 3401 Nicollet Ave South in Minneapolis, MN. This structure is conveniently located in South Minneapolis of the vibrant Nicollet Ave just minutes from Lake Street. Great access to 35W and Downtown Minneapolis makes this a prime offering for C-1 and R-4 zoned space with 10-15 off-street parking spaces and additional 3 stalls of garage storage (2004). Corner lot exposure with over 11,000 Vehicle Trips per Day affords future occupants and business owners a truly one of a kind opportunity
Current structure is an 8,308 SF, two story masonry building on 0.24 Acres of land with mixed-use applications for both retail/office and apartments. Space is easily converted to 2 main level retail storefronts and 4-one bedroom apartments. Current layout of space is approximately a 1,600 SF retail space, 3-one bedroom 2nd level apartments, and 1 owner/occupant suite with 1,200 SF of main level living space (kitchen, living room, dining room, and half bath) plus an additional living space with walk in closet and master bedroom on the 2nd story. All units have access to basement storage and on-site landlord owned coin-operated laundry.
Renovations include but are not limited to: 3 stall garage built in 2004 with additional off-street parking capabilities (10-15 spaces depending on layout), Separate electric and gas meters (hot water/stove use) with common heat/trash/water/sewer costs to Landlord, 5 year old white rubber membrane roof for increased heating and cooling efficiency, Australian hardwood floors throughout Owners suite, and ADA compliant bath in main level retail space. This wonderful building offers so much for tenants and owners with flexible CRA (Commercial Retail and Apartment) which includes C-1 and R-4 zoning that allows adequate 2nd level apartments and a plethora of main level uses (Financial institution, General retail sales and service, Grocery, Catering, Coffee shop, Restaurant, Clinic, and main more).
RE/MAX RESULTS COMMERCIAL appreciates your consideration; please don’t hesitate to contact us directly for a tour or additional information (651)216.5730.
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