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- LoopNet Team
2640 Nicollet Ave
Minneapolis, MN 55408
Good Dwelling- Retail Condo for Sale or Lease · Build-to-Rent Property For Sale
·
80 Units
INVESTMENT HIGHLIGHTS
- Includes 20-Stall Surface Parking Lot
- Walk-In Refrigerator and Freezer
- Rare Opportunity- High End Finish in Place and FF&E is Available
- “Hood Ready” with Sleeve in Place for Venting
- Glass Pack Bay Doors for Indoor/Outdoor Concepts on Nicollet
- Currently Tax-Exempt
EXECUTIVE SUMMARY
Street-level retail condo unit in the heart of "Eat Street" on Nicollet Avenue- entire main floor of the Good Dwelling apartment building! 7,745 SF. Currently an operating grocery store (Good Grocer), this is a rare, move-in ready opportunity for a variety of food concepts. "Turn-key" with commercial kitchen (hood sleeve in place), walk-in refrigerator and freezer, & loads of FF&E in place. Priced well below replacement cost. Owner will also consider a lease. Contact broker today for additional information and to schedule a tour.
PROPERTY FACTS
| No. Units | 80 | Property Size | 80,000 sq ft |
| Property Type | Build-to-Rent | No. Floors | 6 |
| Property Subtype | Apartment | Year Built | 2019 |
| Apartment Style | Mid-Rise | Parking Allocation | 0.25/1,000 sq ft |
| Costar Property Class | A | APN / Parcel ID | 34-029-24-31-0273 |
| Total Plot Size | 0.52 ac | ||
| Use Class | CM2 - Corridor Mixed-Use | ||
| No. Units | 80 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | A |
| Total Plot Size | 0.52 ac |
| Property Size | 80,000 sq ft |
| No. Floors | 6 |
| Year Built | 2019 |
| Parking Allocation | 0.25/1,000 sq ft |
| APN / Parcel ID | 34-029-24-31-0273 |
| Use Class | CM2 - Corridor Mixed-Use |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 39 | - | 474 - 479 |
| 1+1 | 1 | - | 477 |
| 2+1 | 26 | - | 627 |
| 2+2 | 14 | - | 627 - 793 |
