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    2907-2911 Hennepin Ave Minneapolis, MN 55403

    For Sale
    $3,600,000

    Vibrant retail property in Minneapolis' bustling Uptown neighborhood.

    Property size:
    26,947 SF
    Lot size:
    0.18 Acres

    Property Features for 2907-2911 Hennepin Ave

    General Information

    Size
    26,947 SF
    Lot size
    0.18 Acres

    Source: Transwestern Agent Tony Strauss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Location in Uptown

    Located in the dynamic Uptown area of Minneapolis, this retail property benefits from its location within the Hennepin Avenue Corridor, stretching from Hennepin & Lake to Downtown Minneapolis, and the Lyndale Avenue Corridor leading into Lyn-Lake. The area is known for its blend of commerce and city living, with convenient access to major highways including I-35W, I-394, I-94, and MN-100. Situated near Bde Maka Ska and Lake of the Isles, the property is positioned in a popular destination for both recreation and business. The surrounding area features a mix of housing options, including lakeside mansions, vintage homes, duplexes, and multi-family buildings constructed from the 1910s to the 2000s. The property is suitable for a variety of businesses, from independent retailers to major franchises. The property has a size of 26947 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Ids Crystal Court, ChargeItSpot, Skyway, Red Dot Square, Peavey Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.297875
    Latitude
    44.9495502

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    FAQs

    What type of property is this?
    Shopping center - Vibrant retail property in Minneapolis' bustling Uptown neighborhood.
    Where is this shopping center located?
    The property is located at 2907-2911 Hennepin Ave Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - Prime location in Uptown, a vibrant and desirable area.; - Easy access to major highways (I-35W, I-394, I-94, MN-100).; - Proximity to Bde Maka Ska and Lake of the Isles.
    (612) 396-0610
    Request Owner's contact information
    2907-2911 Hennepin Ave Minneapolis, MN 55403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2907-2911 Hennepin Ave Minneapolis, MN 55403
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