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    OFF-MARKET
    Retail properties & Spaces

    1127 Broadway, Minneapolis, MN 55411

    1,500 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hook Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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