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    2400-2414 Hennepin Ave Minneapolis, MN 55405

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    For Sale
    $1,760,000

    Value-add mixed-use property in South Minneapolis, anchored by Spyhouse Coffee.

    Property size:
    14,849 SF
    Lot size:
    0.39 Acres

    Property Features for 2400-2414 Hennepin Ave

    General Information

    Size
    14,849 SF
    Lot size
    0.39 Acres

    Source: Newmark Agent Robert Pounds

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

    Overview

    Hennepin Avenue Mixed-Use Investment

    Located on Hennepin Avenue in South Minneapolis, the property at 2400-2414 Hennepin Ave S presents a mixed-use investment opportunity. Originally constructed in 1910, the property retains its South Minneapolis character. The property features multiple retail, residential, and commercial spaces. It is anchored by Spyhouse Coffee. The location offers 94 feet of frontage on Hennepin Avenue, on-site parking, and a Walk Score of 94. The property includes an auto-repair shop with 4 bays, a salon space, and a 2,000 square foot apartment with 3 bedrooms. This property offers opportunities for a value-add investor.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2186013
    Latitude
    44.9913293

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    FAQs

    What type of property is this?
    Mixed-use property - Value-add mixed-use property in South Minneapolis, anchored by Spyhouse Coffee.
    Where is this mixed-use property located?
    The property is located at 2400-2414 Hennepin Ave Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $1,760,000.
    What are key features of this property?
    This property features: - Great South Minneapolis Location on Hennepin Avenue; - Anchored by Spyhouse Coffee; - Value-add, mixed-use investment opportunity
    (952) 270-2497
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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
    2400-2414 Hennepin Ave Minneapolis, MN 55405
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