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    1-9 W Franklin Ave Minneapolis, MN 55404

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    For Sale
    $850,000

    Retail property featuring a restaurant and other tenants.

    Property size:
    1,300 SF
    Lot size:
    0.50 Acres

    Property Features for 1-9 W Franklin Ave

    General Information

    Size
    1,300 SF
    Lot size
    0.50 Acres

    Source: Restaurant Brokers of Minnesota, Inc Agent DJ Sikka

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

    Overview

    Retail Property with Restaurant Tenant

    This retail property is currently occupied by multiple tenants, including La Mama Restaurant and a Wells Fargo ATM. Additionally, Franklin West occupies two spaces, identified as 4-5 Franklin West (Frontier Living) and 7-9 Franklin West (International Home Care). There is also one vacant space.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Skin Care Clinic

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

    Similar Places Nearby

    Gale Mansion, mood food organic catering, Nosh and Gather, Kelber Catering Inc, Midwest Catering

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2783393
    Latitude
    44.9624612

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    FAQs

    What type of property is this?
    Restaurant - Retail property featuring a restaurant and other tenants.
    Where is this restaurant located?
    The property is located at 1-9 W Franklin Ave Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Multiple tenants provide diverse income streams.; - Established La Mama Restaurant as a tenant.; - Well Fargo ATM as a tenant.
    (612) 701-6296
    Request Owner's contact information
    1-9 W Franklin Ave Minneapolis, MN 55404
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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
    1-9 W Franklin Ave Minneapolis, MN 55404
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