Restaurant Building with Full
1111 Hennepin Ave, Minneapolis, MN 55403
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Well-equipped restaurant facility on a highly visible mixed-use site with dedicated parking and potential for owner-occupancy.
Type:RETAIL
Property size:
6,098 SFLot size:
0.17 AcresPrice / SF:
$261/SF- Added:
- Jun 16, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 24 at 4:31 am
Property Features for 1111 Hennepin Ave
General Information
- Standard status
- Active
- Size
- 6,098 SF
- Lot size
- 0.17 Acres
- Property subtype
- RETAIL
Listing office Fidler Commercial (612) 308-5549
Listing date Jun 16, 2026
Source Moodyscre
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 Fidler Commercial
HighLights
- 6,098 SF mixed‑use commercial building on a 7,214 SF parcel at 1111 Hennepin Avenue (Minneapolis).
- Currently occupied by two tenants, including a long‑term Domino's Pizza location.
- Restaurant portion includes full commercial kitchen, bar areas, dining space, walk‑in coolers, and storage areas.
- Restaurant improvements include customer restrooms and infrastructure to support high‑volume food and beverage operations.
- Dedicated parking on‑site.
- Restaurant tenant indicated willingness to terminate its lease upon sale to an owner‑occupant.
Overview
1111 Hennepin Avenue is a 6,098-square-foot restaurant-oriented building on a 7,214-square-foot parcel, currently occupied by two tenants. The restaurant portion is extensively improved with a full commercial kitchen, bar areas, dining space, walk-in coolers, storage areas, and customer restrooms, along with the infrastructure to support high-volume food and beverage operations.
The property is located on the Hennepin Avenue corridor in Minneapolis and is described as having excellent visibility and dedicated parking. A long-term Domino’s Pizza location is in place and the offering notes the current restaurant tenant has indicated a willingness to terminate its lease in connection with a sale to an owner-occupant.
For a restaurant operator or hospitality group, this configuration can reduce build-out complexity by providing an operating-ready kitchen, dining layout, and supporting back-of-house spaces. It may also fit an owner-user looking for long-term control of the restaurant premises, while an investor may consider the current multi-tenant setup and the stated supplemental income from the Domino’s tenancy, subject to the lease terms at closing.
The property is located on the Hennepin Avenue corridor in Minneapolis and is described as having excellent visibility and dedicated parking. A long-term Domino’s Pizza location is in place and the offering notes the current restaurant tenant has indicated a willingness to terminate its lease in connection with a sale to an owner-occupant.
For a restaurant operator or hospitality group, this configuration can reduce build-out complexity by providing an operating-ready kitchen, dining layout, and supporting back-of-house spaces. It may also fit an owner-user looking for long-term control of the restaurant premises, while an investor may consider the current multi-tenant setup and the stated supplemental income from the Domino’s tenancy, subject to the lease terms at closing.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.4k | $18.60 |
| − Vacancy | −$3.2k | −$0.52 |
| EGI | $110.2k | $18.08 |
| − OpEx | −$27.6k | −$4.52 |
| NOI | $82.7k | $13.56 |
6,098 SF · lease $18.60/SF/yr · vacancy 2.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.03M – $1.38M
NOI $82,685 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M
NOI $101,840 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
The Bulldog Downtown
Bar & Pub
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.2794097
- Latitude
- 44.9747863
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Well-equipped restaurant facility on a highly visible mixed-use site with dedicated parking and potential for owner-occupancy.
Where is this conventional restaurant located?
The property is located at 1111 Hennepin Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 6,098 SF mixed‑use commercial building on a 7,214 SF parcel at 1111 Hennepin Avenue (Minneapolis).; Currently occupied by two tenants, including a long‑term Domino's Pizza location.; Restaurant portion includes full commercial kitchen, bar areas, dining space, walk‑in coolers, and storage areas.
