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Turnkey Restaurant Building with Parking
For Sale
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1919 Riverside Avenue, Minneapolis, MN 55454

Turnkey restaurant building in C1 Small Scale Commercial with walk-in refrigerators, ADA restrooms, and 21 parking spaces.

Property Size3,720 SF
Lot Size0.36 Acres
Days on Market458

Property Features for 1919 Riverside Avenue

General Information

Standard status Active
Size 3,720 SF
Total Parking Spaces 21
Lot size 0.36 Acres
Property subtype General Commercial
Zoning C1

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $15,802

Amenities

Central Air
3
Parking.
Asphalt, Guest Parking, Open Parking, Lot.
Trees/Woods
Irregular
Public Transport, Irregular.

Building Details

Year Built 1945
Stories 1
Listing Agency: RE/MAX Results
Listed By: Ryan Fischer
Source: Xome
Added: May 25, 2025 Changed: Aug 12 Last Checked: Aug 25 at 5:31AM

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 RE/MAX Results

Investment Insights

Based on property information with market context.

Turnkey restaurant building on a prominent triangular parcel, available for lease immediately. The property totals 3,720 square feet and is currently set up for food service, with walk-in refrigerators and coolers to support efficient operations. The building also features two ADA-compliant restrooms and a standalone configuration designed for visibility and straightforward customer flow.\n\nZoned C1 – Small Scale Commercial, the site includes 21 total parking spaces: 16 standard spaces, 4 ADA-designated spaces, and 1 unmarked space.\n\nThe stated rent is $11,000 per month on a gross basis, with property taxes, full building maintenance and repairs (interior and exterior), parking lot maintenance, snow plowing, and lawn care included. The tenant is responsible for utilities, including gas, electricity, water, trash, and recycling. Kitchen and business equipment (including ranges, fryers, and other cooking appliances) are not included in the lease, but are available for purchase at a discounted price.

Key Highlights

  • 3,720 SF commercial building on a 0.36‑acre triangular parcel, zoned C1 Small Scale Commercial
  • Gross rent is $11,000/month; rent includes property taxes, full building maintenance and repairs, parking lot maintenance, snow plowing, and lawn care
  • Restaurant‑ready features include walk‑in refrigerators and coolers; tenant pays only utilities (gas, electricity, water, trash, recycling)

Property Analytics

Current Use

Annex by Opitz ... Clothing Store Fred's Chicken 'N' ... Restaurant Kulan deli & Cafe Restaurant

Suggested Use

Top Pick Home Appliance Store Plumbing Service (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Carpet & Flooring Store

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

3,483
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 66% Hotels & Casinos 27% Dining 7%
Holiday Station Store Shops & Services
11,985 visits/mo 0.4 miles
Courtyard Minneapolis Downtown Hotels & Casinos
7,818 visits/mo 0.4 miles
Mobil Shops & Services
3,545 visits/mo 0.5 miles
maX It PAWN Shops & Services
3,294 visits/mo 0.3 miles
Jimmy John's Dining
1,974 visits/mo 0.2 miles

Demographics for 55454, MN

8,279
Population
3,823
Households
2.2
Avg Household Size
28
Median Age
27%
College-Educated
67%
High-School Grad
0.6 sq mi
ZIP Area
13,798
Density / Sq Mi
$26,429
Median Household Income
$16,150
Median Earnings
$947
Median Rent
$184,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant building in C1 Small Scale Commercial with walk-in refrigerators, ADA restrooms, and 21 parking spaces.
Where is this conventional restaurant located?
The property is located at 1919 Riverside Avenue Minneapolis, MN.
What are key features of this property?
This property features: 3,720 SF commercial building on a 0.36‑acre triangular parcel, zoned C1 Small Scale Commercial; Gross rent is $11,000/month; rent includes property taxes, full building maintenance and repairs, parking lot maintenance, snow plowing, and lawn care; Restaurant‑ready features include walk‑in refrigerators and coolers; tenant pays only utilities (gas, electricity, water, trash, recycling)
More about this property
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