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Occupied Storefront Property
For Sale
$211,000

3453 Penn Avenue N, Minneapolis, MN 55412

Commercial tenants occupy the building, which is zoned Business/Commercial.

Property Size4,246 SF
Price / SF$49.69
Days on Market26

Property Features for 3453 Penn Avenue N

General Information

Standard status Active
Size 4,246 SF
Property subtype Commercial
Zoning Business/Commercial
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence could benefit from remodeling and updating

Site & Location

Neighborhood Camden

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,633

Building Details

Building Size 4,246 SF
Year Built 1921
Units 2
Tenancy Multi
Listing Agency: Keller Williams Realty Integrity Lakes
Listed By: Anthony Macon
Source: Driveresultsrealty
Added: Sep 29 Changed: Oct 24 Last Checked: Oct 23 at 5:06PM

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 Keller Williams Realty Integrity Lakes

Rey
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Investment Insights

Based on property information with market context.

This 4,246-square-foot storefront property in Minneapolis is occupied by commercial tenants. Constructed in 1921, the building carries Business/Commercial zoning. The property may require remodeling and updates.

Key Highlights

  • 4,246‑square‑foot storefront property
  • Commercial tenants currently occupy the building
  • Built in 1921; zoned Business/Commercial

Property Analytics

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Open Analytics

Current Use

Me Me Nails Nail Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Electrical Service Accounting Firm

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
6,813 visits/mo 0.5 miles

Demographics for 55412, MN

23,800
Population
9,676
Households
2.5
Avg Household Size
33
Median Age
28%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
7,000
Density / Sq Mi
$71,905
Median Household Income
$42,494
Median Earnings
$1,340
Median Rent
$226,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Ely flower — 3351 n girard ave, minneapolis, mn 55412

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial tenants occupy the building, which is zoned Business/Commercial.
Where is this storefront property located?
The property is located at 3453 Penn Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $211,000.
What are key features of this property?
This property features: 4,246‑square‑foot storefront property; Commercial tenants currently occupy the building; Built in 1921; zoned Business/Commercial
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