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    6200 56 Ave Crystal, MN 55429

    For Lease
    Contact for pricing

    High-traffic retail space available

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Crystal Crossing offers 5,000 square feet of retail space in a highly visible location at the northwest corner of a major intersection in the Crystal/New Hope area of Hennepin County, Minnesota. Built in 1970, this multi-tenant property boasts a strong existing tenant mix, including a well-established daycare and liquor store, ensuring consistent foot traffic and a vibrant atmosphere. The property benefits from exceptional visibility from Highway 81, a major thoroughfare with nearly 30,000 vehicles passing daily, providing unparalleled exposure for your business. This prime retail space presents a unique opportunity to establish or expand your presence in a thriving community. The 5,000 square feet of vacant space offers significant potential for a variety of retail uses, capitalizing on the high volume of traffic and the existing synergy with complementary businesses. The location's strategic placement at the most trafficked corner in the Crystal/New Hope area guarantees maximum visibility and accessibility for customers. This is an exceptional opportunity to secure a prominent retail space in a well-established and high-traffic location. The property's existing tenants contribute to a bustling and successful commercial environment, creating a supportive and thriving business community.

    Property Features for 6200 56 Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Building Details

    Year Built
    1970

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,000 SF

    HighLights

    • High‑traffic corner location in Crystal/New Hope, MN.
    • Strong tenant mix with daycare and liquor store.
    • Excellent Hwy 81 visibility, nearly 30,000 VPD.
    • 5,000 SF of vacant retail space available.
    • 1970‑built retail property in Hennepin County.
    • Multi‑tenant retail building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Crystal
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3595674
    Latitude
    45.0550964

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available
    Where is this retail property located?
    The property is located at 6200 56 Ave Crystal, MN.
    What are key features of this property?
    This property features: High-traffic corner location in Crystal/New Hope, MN.; Strong tenant mix with daycare and liquor store.; Excellent Hwy 81 visibility, nearly 30,000 VPD.
    Request Owner's contact information
    6200 56 Ave Crystal, MN 55429
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    Crystal, MN 55429
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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
    6200 56 Ave Crystal, MN 55429
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