Property profile

1127 Broadway Minneapolis, MN 55411

OFF-MARKET
Retail properties & Spaces
1,500 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,500-square-foot restaurant space in Minneapolis, Minnesota, presents a unique investment opportunity. Located at 1127 W Broadway, in Hennepin County, zip code 55411, this property boasts a highly visible corner lot with easy access and ample city parking. Currently configured for takeout, delivery, and dine-in service, the building offers significant potential for expansion and redevelopment. The strategic location ensures high visibility and accessibility for customers. A key advantage is the possibility of developing the upper floor into apartment rentals, creating a mixed-use property with increased revenue streams. This presents a compelling opportunity to capitalize on both retail and residential markets in a thriving Minneapolis neighborhood. The asking price for this turnkey restaurant is $1,000,000. The property is for sale by owner. This is a rare chance to acquire a well-situated commercial property with substantial upside potential in a desirable location. The property's address is verified as 1127 W Broadway, Minneapolis, MN 55411.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1127 Broadway Minneapolis, MN 55411
Minneapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1127 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message