3854 Thomas AVE N new Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55412
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Thorpe Bros William Penn Add
MLS Listing ID 6705803
Year Built 1926
Annual Tax Amount $9,766
Tax Year 2025
Lot Size 10,454 Sqft
Property Sub-Type Retail
Property Description
Classic 1920s brick retail center in Victory neighborhood. Building has 5 units with a 14 space asphalt parking lot. Well-maintained building with newer forced-air furnaces in each unit and 4 of the 5 units have central air. Main floor units feature 9-10 ft ceiling height, separate front and back entrances, and some units have display windows. Property has a full basement with 8 ft ceiling height. Tenants pay their own heat/gas/electric. Four stable, long-term tenants occupy the 5 spaces. Buy as an investment opportunity or owner-occupy with your own business as space becomes available. Take advantage of the close proximity of Victory Memorial Drive and other thriving, local businesses and become a part of the growing Victory neighborhood business community.
Location
State MN
County Hennepin
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building,Land
Exterior
Parking Features Asphalt,Parking Lot
Utilities Available Electric Separate,Heating Separate
Roof Type Flat,Rubber
Building
Lot Description Corner Lot
Story One
Foundation 4150
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Minneapolis
Others
Virtual Tour https://tours.spacecrafting.com/n-r8z3h2