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Multi-Suite Retail Storefront Property
For Sale
Contact for pricing
Pending

3102 W 50th St, Minneapolis, MN 55410

Three storefront suites share a building with underground parking and a mix of vacant and leased space.

Property Size1,509 SF
Days on Market144

Property Features for 3102 W 50th St

General Information

Standard status Pending
Size 1,509 SF
Property subtype Retail

Additional Details

Asking Price $517,600

Building Details

Tenancy Single
Listing Agency: Coldwell Banker Realty Minneapolis Lakes
Listed By: Sandra Rieger · License #MN 40793649
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:08AM

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.

This Minneapolis storefront property includes three retail suites within the same building, with underground parking available separately or alongside the suites. Suite 101 is vacant and offers 1,912 RSF, four private offices, a conference room, reception and waiting areas, storage, a kitchen, washer and dryer hookups, and a large open area. Suites 102 and 104 provide open-plan layouts at 1,509 RSF and 1,826 RSF, respectively.

The property includes six underground parking spaces, four of which are leased. Suite 102 has 5-years remaining on its lease, while Suite 104 has a franchise tenant with 3.5-years remaining. Suite 101 received a complete renovation in 2021, and Suite 104 was completely renovated in 2020. The suites and parking are located in the same building on W 50th St.

Key Highlights

  • Three retail storefront suites in the same building
  • Suite 101 is vacant with 1,912 RSF and four private offices
  • Suite 102 has 1,509 RSF with 5‑years remaining on its lease

Property Analytics

Current Use

Marcie M. Nichols, ... Physician Perspectives Vision Clinic ... Physician Maria Majewicz Andrews, ... Physician

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,153
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Apparel 41% Beauty & Spa 3% Electronics 2%
Holiday Station Store Shops & Services
10,811 visits/mo 0.3 miles
The UPS Store Shops & Services
5,884 visits/mo 0.1 miles
Paper Source Shops & Services
4,959 visits/mo 0.4 miles
lululemon athletica Apparel
4,621 visits/mo 0.5 miles
Evereve Apparel
3,995 visits/mo 0.4 miles

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 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?
Storefront property - Three storefront suites share a building with underground parking and a mix of vacant and leased space.
Where is this storefront property located?
The property is located at 3102 W 50th St Minneapolis, MN.
What are key features of this property?
This property features: Three retail storefront suites in the same building; Suite 101 is vacant with 1,912 RSF and four private offices; Suite 102 has 1,509 RSF with 5‑years remaining on its lease
More about this property
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