Located on 50th & Xerxes in Fulton, Minneapolis
High traffic counts on this busy corridor; great visibility for businesses
Building built in 2005 has been well-maintained through the years
3 retail/office storefronts included in the portfolio
View of suite #104- The Exercise Coach
View of suites #101 and #102
Back of building and suite #101
Side entrance off of 50th St with indoor ramp
Entrances to suites #101 and #102
Suite #101 is currently vacant and available for lease
Suite #101 private office 1 of 4
Private office 1 of 4
Conference room/private office 2 of 4
Furniture not included in the sale, but is available for purchase
Beverage refrigerator and counter space with storage
Custom sliding glass doors
Light-filled with high ceilings make this suite feel spacious
The open space could house more workspaces/cubicles
Private office 3 of 4
Private office 3 of 4
Private office 3 of 4
Private office 4 of 4
Private office 4 of 4
Private office 4 of 4
Suite #101 kitchenette with newer stainless appliances tucked around the corner
Common space and restrooms shared by all commercial units
Suite #101 includes a private storage unit, could also be used as a private office
Suite #101 storage space/private office
Common space and mail room off of Xerxes Ave
Common space and mail room houses the elevator down to parking
Portfolio includes 6 parking stalls
Suite #101 has 2 dedicated spaces (included within the 6 stalls)
Underground garage bike storage
Busy traffic corner, great exposure for businesses
Close to Lake Harriet
Iconic Southwest Minneapolis retail corner
Residential condos on floors 2-3
UPS Store across the street, convenient for businesses
More retail, antique shops across the street
Jones Coffee across the street
The underground garage entrance off of Xerxes Ave and adjacent to the Hunt & Gather shop
$1,650,000

3100 - 3106 50th Street, Minneapolis MN 55410

Status

Active

Property Type

Commercial Sale

Days On Market

237

Beds

Baths

Total Finished SqFt

0

Basement

Area

0.25 Acres

Garage Stalls

6

Lakefront

Not available

School District

Minneapolis

Annual Taxes

$5,454

This is a fantastic opportunity to own a turnkey commercial condo portfolio on the coveted retail corner of 50th & Xerxes in the Fulton, Minneapolis neighborhood. This value-add portfolio includes: Three retail/office storefronts, one 10x10 private office/storage room, and six underground parking stalls. Suite #101 is currently vacant and is available for lease and/or purchase, #102 and #104 are leased up by established businesses. Suite #101 had a $105,000 renovation in 2021 and #104 underwent a $90,000 renovation in 2020. This is an opportunity to either purchase the full portfolio or lease #101. A showing must be scheduled to view the property. Please do not disturb current businesses or their staff and refrain from touring the building without an appointment.

Listed by: Coldwell Banker Realty