2200-2204 Hennepin Ave S Minneapolis, MN
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Fully leased mixed-use property with retail and apartment units.
Type:MULTIFAMILY
Property size:
11,070 SFLot size:
0.25 AcresPrice / SF:
$177/SF- Added:
- Apr 23, 2024
- Days on Market:
- 738
- Last Refresh:
- Apr 5 at 8:05 pm
Property Features for 2200-2204 Hennepin Ave S
General Information
- Standard status
- Active
- Size
- 11,070 SF
- Lot size
- 0.25 Acres
- Property subtype
- MULTIFAMILY
Listing agent Deborah Vannelli License #MN 20103724 (612) 376-4475
Listing office Upland Real Estate Group, Inc (612) 376-4475
Listing date Apr 23, 2024
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 Upland Real Estate Group, Inc
Overview
Mixed-Use Property in Lowry Hill
This mixed-use property is located in the Lowry Hill neighborhood of Minneapolis, minutes from Downtown Minneapolis, the Walker Art Center, and Sculpture Park. The property is fully leased to Specs Optical, Tao Organic Café + Herbery, and eight multi-family apartment units. Tao has been a tenant for 50 years, and Specs Optical has been a tenant for 26 years. The location is near I-94, where traffic counts average 162,177 vehicles per day. Nearby retailers include Starbucks, The Lowry, New Horizon Academy, Kowalski’s Market, Speedway, Walgreens, and Chipotle. The property features excellent demographics, with a 5-mile average household income of $120,720 and a 5-mile population of 503,894. The eight apartment units each include one bedroom and one bathroom, with 9-foot ceilings, hardwood and tile floors, 6-foot windows, and claw foot bathtubs. Luxury Optical Holdings, LLC operates 34 locations under their parent company, New Look Vision Group. New Look Vision Group is the largest optical group in the eye care industry in Canada and has been rapidly expanding in the United States. Tao Organic Café + Herbery currently operates one location and has been operating for more than 50 years. The property size is 11,070 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.2212
- Latitude
- 44.9914
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use property with retail and apartment units.
Where is this mixed-use property located?
The property is located at 2200-2204 Hennepin Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,960,933.
What are key features of this property?
This property features: Fully leased mixed‑use property with established tenants (Specs Optical and Tao Organic Café + Herbery).; Prime location in the Lowry Hill neighborhood of Minneapolis, near downtown and cultural attractions.; Strong tenant history: Tao Organic Café + Herbery (50 years) and Specs Optical (26 years).
