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5009 Xerxes Ave S
Minneapolis, MN 55410
Retail Property For Sale
Investment Highlights
- High Traffic area 7348 Vehicles/day
- Established reputation with a loyal customer base
- Opportunity for growth through expanded services or additional marketing
- Established 51 year old family business currently
- Experienced technicians and trained staff in place
- Long operating history with proven track record
Executive Summary
Excellent opportunity to acquire a fully occupied single-tenant retail/auto property in the highly desirable Southdale submarket of Minneapolis. 51-year-old family Business, The offering consists of the sale of both the real estate and the operating business. positioned on approximately 0.35 acres with 11,235 SF of building area, the asset offers investors or owner-users the ability to acquire a stabilized urban retail property in one of Minneapolis’ strongest infill trade areas. Owner financing available
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Auto Repair
Building Size
11,235 SF
Building Class
C
Year Built
1921
Price
$4,856,145 CAD
Price Per SF
$432.23 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.73
Lot Size
0.35 AC
Zoning
C2 - C2 zoning is typically classified as General Commercial or Highway Commercial and is designed for larger-scale, destination-oriented commercial uses.
Parking
15 Spaces (1.34 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 17-028-24-42-0231 | Improvements Assessment | $474,099 CAD |
| Land Assessment | $853,710 CAD | Total Assessment | $1,327,809 CAD |
Property Taxes
Parcel Number
17-028-24-42-0231
Land Assessment
$853,710 CAD
Improvements Assessment
$474,099 CAD
Total Assessment
$1,327,809 CAD
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