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    5500 W Broadway Ave Crystal, MN

    For Sale
    $1,075,000

    6,650 SF building in Crystal, MN, prime corner location.

    Property size:
    6,650 SF
    Lot size:
    0.68 Acres

    Property Features for 5500 W Broadway Ave

    General Information

    Size
    6,650 SF
    Lot size
    0.68 Acres

    Source: Results Commercial Agent Mark Hulsey

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

    Overview

    Former Tire Shop For Sale

    This 6,650 SF building, formerly a Goodyear Tire shop, is available for sale in Crystal, MN. Situated on a high-traffic corner at West Broadway Avenue and 55th Avenue North, the property offers high visibility and convenient access to highways. The building is surrounded by established retailers. The property is currently zoned TC - Town Center Core District. The building features a large retail storefront, two offices, a workshop with six bays and overhead doors, and an additional bay with an overhead door at the rear, along with storage space. There are three bathrooms, two located in the retail/office area and one in the workshop. The property includes 16 parking spaces in the front, with additional parking available at the rear. Note that automotive use is not permitted. Redevelopment is possible, with city approval for 86 apartment units already in place. The building is located in a designated Opportunity Zone, intended to encourage community and neighborhood investment. This vacant building is ready for a new phase.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Thomas Auto Body, AAMCO Transmissions & Total Car Care, Thomas Auto Body & Collision, RS AUTO REPAIR LLC, Crystal Collision Center and Carwash

    Map

    City
    Crystal
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3364004
    Latitude
    45.0167268

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    FAQs

    What type of property is this?
    Auto shop - 6,650 SF building in Crystal, MN, prime corner location.
    Where is this auto shop located?
    The property is located at 5500 W Broadway Ave Crystal, MN.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity with **86 apartment units already approved by the city.**; - Excellent **high-traffic, high-visibility corner location** on West Broadway Avenue and 55th Avenue North.; - Large **6,650 SF building** suitable for owner-user or redevelopment.
    (651) 755-2068
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    5500 W Broadway Ave Crystal, MN
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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
    5500 W Broadway Ave Crystal, MN
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