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Restaurant Space with Patio
For Lease
Contact for pricing

1024 38th St E, Minneapolis, MN 55407

A built-out dining venue features kitchen infrastructure, bar components and a steel-frame canopy over the outdoor area.

Space Size2,300 SF
Days on Market13

Property Features for 1024 38th St E

General Information

Standard status Active
Size 2,300 SF
Property subtype RETAIL

Space & Availability

Space Use Restaurant
Available From Immediate

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

fully built-out commercial kitchen
complete bar infrastructure
hood system
grease trap
steel-frame solar canopy patio

Building Details

Building Size 2,300 SF

Spaces For Lease

at 1024 38th St E
Restaurant/Bar with Patio Seating AVAILABLE
Size 2,300 SF
Type RETAIL
Rate Contact for pricing
Lease Type NET_NNN
We respectfully ask that you do not inquire or discuss this offering with staff at the location. Equipment included in the sale. Equipment list will be provided to interested parties. Thank you for your cooperation. > Building: 2,300 SF > Patio: 1,327 SF This unique, fully built-out turnkey restaurant presents an exceptional opportunity for an operator seeking immediate startup capability in one of Minneapolis’ most active commercial corridors. This area continues to show stability and growth, making it an ideal setting for long-term business success. Whether launching a new brand or expanding an existing concept, this space accommodates diverse operational strategies. Located along 38th Street East just east of I-35W and west of Hiawatha Avenue, the property benefits from consistent daily traffic flow, dense surrounding residential neighborhoods, and established commercial activity — ideal for attracting both loyal local patrons and destination diners. PROPERTY HIGHLIGHTS • Fully built-out commercial kitchen with cooking equipment & ventilation • Complete bar infrastructure • Existing indoor dining layout • Hood system, grease trap, plumbing & electrical in place • Equipment included in the sale. Equipment list will be provided to interested parties • Minimal upfront investment required • Immediate occupancy available UNIQUE OUTDOOR FEATURE • 1,327 SF Steel-Frame Solar Canopy - Designed for an inviting outdoor seating area • Expanded dining capacity • Patio & event flexibility • Strong visual identity • Enhanced customer experienced LOCATION ADVANTAGES • High visibility corridor / Strong vehicle & pedestrian traffic • Easy access from major thoroughfares • Dense residential customer base • Stable, growing commercial pocket of Minneapolis
Contact us
Listing Agency: Suntide Commercial Realty, Inc.
Listed By: David Lund · License #40468728
Source: Moodyscre
Added: Sep 23 Changed: Oct 4 Last Checked: Oct 4 at 8:00AM

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 Suntide Commercial Realty, Inc.

Investment Insights

Based on property information with market context.

Configured for restaurant use, the property includes a 2,300-square-foot building with an indoor dining layout, bar infrastructure and a commercial kitchen. Kitchen features include cooking equipment, ventilation, a hood system, grease trap, plumbing and electrical. The listing also identifies equipment as included, though the stated sale reference conflicts with the rental transaction type and is therefore omitted here.

A 1,327-square-foot patio is covered by a steel-frame solar canopy. The property is on 38th Street East, east of I-35W and west of Hiawatha Avenue, within an area described as having surrounding residential neighborhoods and established commercial activity.

Key Highlights

  • 2,300 SF building
  • 1,327 SF patio beneath a steel‑frame solar canopy
  • Commercial kitchen includes cooking equipment, ventilation, hood system and grease trap

Property Analytics

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Current Use

Master Water Stewards Government Office The Tiny Diner Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Parts Store Parking Lot & Garage Accounting Firm Building Supply

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

849
Businesses Nearby
12k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
9,142 visits/mo 0.4 miles
ARCO Shops & Services
2,848 visits/mo 0.3 miles

Demographics for 55407, MN

38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
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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Similar Off Market Nearby

  • Hosea Gourmet — 3722 Chicago Ave, Minneapolis, MN 55407
  • Thrive Chef Works — 3722 Chicago Ave, Minneapolis, MN 55407
  • Chopped & Served — 805 E 38th St, Minneapolis, MN 55407
  • Delightful Bites by Corrin Elizabeth — 3722 Chicago Ave, Minneapolis, MN 55407
  • La Loma — 1837 E 38th St, Minneapolis, MN 55407

Frequently Asked Questions

What type of property is this?
Restaurant - A built-out dining venue features kitchen infrastructure, bar components and a steel-frame canopy over the outdoor area.
Where is this restaurant located?
The property is located at 1024 38th St E Minneapolis, MN.
What are key features of this property?
This property features: 2,300 SF building; 1,327 SF patio beneath a steel‑frame solar canopy; Commercial kitchen includes cooking equipment, ventilation, hood system and grease trap
(651) 354-5637 Call to check price and availability
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