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    785 53 Ave Fridley, MN 55421

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Fridley storefront, multiple units available.

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at 785 53rd Ave NE in Fridley, Minnesota, zip code 55421. The property, built in 1978 and renovated in 2002, boasts a total of 25,000 square feet of retail space across multiple tenancies. Currently, there is 3,535 square feet of vacant space available, with a minimum divisible unit size of 1,577 square feet and a maximum contiguous space of 1,958 square feet. One available space is 2,001 square feet. The property offers ample parking with 50 surface spaces for customers and employees. Its strategic location provides unmatched access to the entire metro area, conveniently situated off I-694 and Highway 65, ensuring high visibility and convenient access for customers. This multi-tenant retail center presents a fantastic opportunity for businesses seeking a well-established and easily accessible location in a thriving community. The property's recent renovations ensure modern amenities and a well-maintained environment. This is an ideal space for a variety of retail uses. Contact us today to schedule a showing and explore the possibilities.

    Property Features for 785 53 Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF
    Total Rate
    37500

    Building Details

    Year Built/Renovated
    1978/2002

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,001 SF
    Rate per SF
    $18

    HighLights

    • Excellent I‑694 & Hwy 65 access.
    • High visibility from Hwy 65 and I‑694.
    • Ample surface parking with 50 spaces.
    • Strong tenant mix including Pawn America, Moler Barber Shop, Payday America, and N Style Nails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Moler Barber School Barber School

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fridley
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2487277
    Latitude
    45.0657565

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    FAQs

    What type of property is this?
    Individual retail property - Prime Fridley storefront, multiple units available.
    Where is this individual retail property located?
    The property is located at 785 53 Ave Fridley, MN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Excellent I-694 & Hwy 65 access.; High visibility from Hwy 65 and I-694.; Ample surface parking with 50 spaces.
    Request Owner's contact information
    785 53 Ave Fridley, MN 55421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    785 53 Ave Fridley, MN 55421
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