4701 Hiawatha Ave Minneapolis, MN 55406
- Commercial real estate
- 37,975 SF
- 2.46 lot acres
Current Use by Public Records
- Dreamers Vault Games Minneapolis / Game Store
Property Details for 4701 Hiawatha Ave
- Year built
- 1989
- Construction
- CONCRETE
- Lot size
- 2.46 lot acres
- Property size
- 37,975 SF
- Zone code
- C3A
- Property type
- Commercial real estate
- APN
- 18-028-23-12-0081
- APU
- 1802823120081
Description
This exceptional retail property, located at 4701 Hiawatha Avenue in Minneapolis, Minnesota, 55406, offers a prime opportunity for businesses seeking flexible and spacious commercial space. The entire building, totaling 4,898 square feet, is currently vacant and available for lease. This presents a unique chance to customize the space to perfectly suit your business needs. The property is classified as retail and is suitable for multiple tenants. However, the minimum leasable space is 1,500 square feet, while the maximum contiguous space available is the entire 4,898 square feet. This allows for businesses of various sizes to find a suitable fit within this highly visible location. The property's address is strategically positioned on Hiawatha Avenue, offering excellent visibility and accessibility for customers. The building's layout is adaptable, making it ideal for a variety of retail concepts. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a substantial retail space in a desirable Minneapolis location. The property is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. Don't miss this chance to establish your presence in a thriving commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,095,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,985,000
- 6.5%
- $6,155,000
- 7%
- $6,385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,400,000
- Geo Method
- $6,800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,320,000
- Retail
- $6,875,000
- Mixed-Use
- $6,245,000
- Hospitality
- $6,945,000
- Educational
- $5,645,000
- Residential Income
- $5,945,000
- Energy
- $7,310,000
- Income-Based Land
- $6,860,000
- Food Service
- $7,230,000
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.2158
- Latitude
- 44.9176
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
