3854 Thomas Avenue N, Minneapolis

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.

Essential Information

  • MLS® #6705803
  • Price$445,000
  • Year Built1926
  • TypeCommercial Sale
  • StatusActive
  • Taxes$9,766

Amenities

  • UtilitiesElectric Separate, Heating Separate
  • ParkingAsphalt, Parking Lot
  • PoolNone

Exterior

  • Lot DescriptionCorner Lot
  • RoofFlat, Rubber
  • ConstructionBlock, Brick, Frame

Additional Information

  • Days on Market310
  • ZoningBusiness/Commercial

Community Information

  • Address3854 Thomas Avenue N
  • Area79
  • SubdivisionThorpe Bros William Penn Add
  • CityMinneapolis
  • CountyHennepin
  • StateMN
  • Zip Code55412

Interior

  • HeatingForced Air
  • CoolingCentral Air

School Information

  • DistrictMinneapolis

Listing Details

  • Listing OfficeRE/MAX Results

MLS #6705803 is a Commercial Sale listing, located at 3854 Thomas Avenue N in Minneapolis, MN.

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