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619 S 7th St
Minneapolis, MN 55415
Retail Property For Sale
Investment Highlights
- Located in the heart of Downtown Minneapolis benefiting from unparalleled visibility and demographic density
- Home of the Minnesota Vikings – Adjacent to US Bank Stadium and Hennepin Medical Center/Hospital 28,000 Households within a 1-mile radius
- Downtown Minneapolis restaurants, entertainment venues, office, and residential buildings
- Less than 2 blocks from I-35W and I-94 access ramps
- 1 block away from Minneapolis Skyway System – largest enclosed and contiguous pathway connecting 80-city blocks
- Below market rent
Executive Summary
Broker of Record
Brian Brockman
License # 40628603 (MN)
Bang Realty, Inc.
2939 Vernon Place Cincinnati OH 45219
(866) 889-0550
Brian Brockman
License # 40628603 (MN)
Bang Realty, Inc.
2939 Vernon Place Cincinnati OH 45219
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,536 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1947
Price
$3,923,680 CAD
Price Per SF
$520.66 CAD
Cap Rate
5.25%
NOI
$205,980 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.32 AC
Zoning
B4N - Current Zoning permits building 140 vertical ft.
Parking
11 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 26-029-24-23-0016 | Improvements Assessment | $1,370 CAD |
| Land Assessment | $1,441,103 CAD | Total Assessment | $1,442,473 CAD |
Property Taxes
Parcel Number
26-029-24-23-0016
Land Assessment
$1,441,103 CAD
Improvements Assessment
$1,370 CAD
Total Assessment
$1,442,473 CAD
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