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Multi-Suite Retail Space
For Sale
Contact for pricing
Pending

3106 W 50th St, Minneapolis, MN 55410

Multiple storefront suites and underground parking are available separately or as a package.

Property Size1,826 SF
Days on Market142

Property Features for 3106 W 50th St

General Information

Standard status Pending
Size 1,826 SF
Net Rentable 1,826 SF
Total Parking Spaces 6
Property subtype Retail

Additional Details

Asking Price $625,000
Office Units 3

Building Details

Year Renovated 2020
Buildings 1
Tenancy Single
Listing Agency: Coldwell Banker Realty Minneapolis Lakes
Listed By: Sandra Rieger · License #MN 40793649
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:09PM

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 Coldwell Banker Realty Minneapolis Lakes

Investment Insights

Based on property information with market context.

The offering includes three retail suites within the same building, with underground parking spaces available separately or in combination with the suites. Suite 101 is vacant and measures 1,912 RSF, with four private offices, a conference room, reception and waiting areas, storage, a kitchen, washer and dryer hookups, and a large open area. The suite underwent a complete renovation in 2021. Suite 102 contains 1,509 RSF in an open-plan layout and has 5-years remaining on its lease. Suite 104 offers 1,826 RSF, an open floor plan, a franchise tenant, and 3.5-years remaining on the lease following a complete renovation in 2020.

The property also includes six underground parking spaces at 4954 Xerxes Ave S, four of which are leased. The building is located a few blocks from 50th & France in Minneapolis. The suites and parking spaces may be acquired individually or together.

Key Highlights

  • Three retail suites offered separately or as a package
  • Suite 101: 1,912 RSF, vacant, with four private offices and a 2021 renovation
  • Suite 102: 1,509 RSF with 5‑years remaining on its lease

Property Analytics

Current Use

Urgent Dental Care ... Dental Office

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,153
Businesses Nearby

Demographics for 55410, MN

21,352
Population
8,685
Households
2.5
Avg Household Size
40
Median Age
78%
College-Educated
99%
High-School Grad
3.1 sq mi
ZIP Area
6,888
Density / Sq Mi
$144,973
Median Household Income
$77,518
Median Earnings
$1,622
Median Rent
$597,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multiple storefront suites and underground parking are available separately or as a package.
Where is this retail space located?
The property is located at 3106 W 50th St Minneapolis, MN.
What are key features of this property?
This property features: Three retail suites offered separately or as a package; Suite 101: 1,912 RSF, vacant, with four private offices and a 2021 renovation; Suite 102: 1,509 RSF with 5‑years remaining on its lease
More about this property
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