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Multi-Tenant Retail and Restaurant Building
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1-9 W Franklin Ave, Minneapolis, MN 55404

Mixed-use retail building featuring a restaurant, Wells Fargo ATM, and additional occupied and vacant units.

Property Size52,184 SF
Price / SF$16.29
Days on Market496

Property Features for 1-9 W Franklin Ave

General Information

Standard status Active
Size 52,184 SF
Property subtype RETAIL

Building Details

Tenancy Multi
Listing Agency: Restaurant Brokers of Minnesota, Inc
Listed By: DJ Sikka · License #MN655772
Source: Moodyscre
Added: May 6, 2025 Changed: Aug 14 Last Checked: Sep 12 at 7:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Restaurant Brokers of Minnesota, Inc

Investment Insights

Based on property information with market context.

This multi-tenant retail and restaurant building at 1-9 W Franklin Ave in Minneapolis includes a combination of income-producing and available space. Public tenant information lists La Mama Restaurant and a Wells Fargo ATM, along with a vacant unit identified as “Franklin West.” Additional units are listed as 5 Franklin West (Frontier Living) and 7 Franklin West (International Home Care).

The property’s configuration supports multiple small tenant spaces, with the listed lineup providing a mix of restaurant and retail-oriented service uses. Buyers and brokers can review the tenant roster and unit status as part of their underwriting, including the currently vacant space identified in the public remarks.

For specifics on current layouts and unit finishes, interested parties should request the available lease and building information package.

Key Highlights

  • Mixed‑use retail building with tenants including La Mama Restaurant and a Wells Fargo ATM
  • Tenant mix includes occupied units and a vacant unit at Franklin West
  • Additional units listed as 5–Franklin West (Frontier Living) and 7–Franklin West (International Home Care)

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Locksmith Clothing & Fashion Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,868
Businesses Nearby
62k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 34%
BP Shops & Services
21,125 visits/mo 0.3 miles
McDonald's Dining
19,069 visits/mo 0.3 miles
Wendy's Dining
11,910 visits/mo 0.4 miles
Pho Hoa Noodle Soup Dining
8,029 visits/mo 0.4 miles
Slice Dining
1,408 visits/mo 0.3 miles

Demographics for 55404, MN

29,322
Population
14,372
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
16,290
Density / Sq Mi
$43,932
Median Household Income
$35,970
Median Earnings
$1,063
Median Rent
$294,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use retail building featuring a restaurant, Wells Fargo ATM, and additional occupied and vacant units.
Where is this retail space located?
The property is located at 1-9 W Franklin Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Mixed‑use retail building with tenants including La Mama Restaurant and a Wells Fargo ATM; Tenant mix includes occupied units and a vacant unit at Franklin West; Additional units listed as 5–Franklin West (Frontier Living) and 7–Franklin West (International Home Care)
(612) 701-6296 Call to check price and availability
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