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Storefront Property with Business Assets
For Sale
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1820 38th St E, Minneapolis, MN 55407

The sale includes established business inventory and equipment located within the commercial building.

Property Size8,683 SF
Price / SF$80.62
Days on Market13

Property Features for 1820 38th St E

General Information

Standard status Active
Size 8,683 SF
Property subtype RETAIL

Additional Details

Business Included Yes
Listing Agency: Coldwell Banker Realty - Minneapolis
Listed By: Michael P Murphy
Source: Moodyscre
Added: Aug 21 Changed: Sep 2 Last Checked: Sep 1 at 6:11PM

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

Investment Insights

Based on property information with market context.

This 8,683-square-foot storefront property at 1820 38th St E in Minneapolis includes the real estate, an operating business, and the inventory and equipment housed on site. Vintage Music Company has occupied and operated from the building for 30 years.

The offering is structured around the building and business assets together, with an option for a buyer to continue the existing operation or establish a new business using the included inventory and equipment. The inventory is associated with music collecting, repair services, repurposing, and parts needs.

Key Highlights

  • 8,683‑square‑foot storefront property
  • Real estate, business assets, inventory, and equipment included
  • Vintage Music Company has operated at the property for 30 years

Property Analytics

Current Use

Vintage Music Company (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Nail Salon Auto Parts Store 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

704
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Dining 8% Electronics 2%
Holiday Station Store Shops & Services
24,894 visits/mo 0.3 miles
Family Dollar Shops & Services
9,142 visits/mo 0.4 miles
SUBWAY Dining
3,258 visits/mo 0.3 miles
ARCO Shops & Services
2,848 visits/mo 0.2 miles
Metro by T-Mobile Electronics
875 visits/mo 0.3 miles

Demographics for 55407, MN

38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
Median Home Value

Market

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - The sale includes established business inventory and equipment located within the commercial building.
Where is this storefront property located?
The property is located at 1820 38th St E Minneapolis, MN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 8,683‑square‑foot storefront property; Real estate, business assets, inventory, and equipment included; Vintage Music Company has operated at the property for 30 years
(612) 270-8729 Call to check price and availability
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