Log In/Sign up
Your email has been sent.
3900-3920 Nicollet Ave
Minneapolis, MN 55409
Retail Property For Sale
EXECUTIVE SUMMARY
The building was built in 1957 and renovated in 2013/2023 and now possesses an elevated and timeless design and beautifully landscaped grounds. 3900 - 3920 Nicollet Avenue is strategically located in the heart of South Minneapolis with close access to 35W and is just three miles from Lake Harriet. 3900 - 3920 Nicollet Avenue has a history of high-occupancy rates. This building is currently 100% occupied. This building is home to some elite companies, including Master Collision Group and Tower Games.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Vehicle Repair Garage
Property Size
19,861 sq ft
Costar Property Class
C
Year Built/Renovated
1957/2023
Price
£3,334,185
Price per sq ft
£167.88
Yield
7.04%
NOI
£234,727
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.50
Total Plot Size
0.90 ac
Use Class
R2B
Parking
28 Spaces (1.41 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £635,644 | |
| Land Assessment | £584,890 | Total Assessment | £1,220,534 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£584,890
Improvements Assessment
£635,644
Total Assessment
£1,220,534
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
