3854 Thomas Avenue N, Minneapolis, MN

$445,000

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0.24

Acres

About 3854 Thomas Avenue N

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.

Features of 3854 Thomas Avenue N

MLS® # 6705803
Price $445,000
Bathrooms 0.00
Acres 0.24
Year Built 1926
Type Commercial Sale
Sub-Type Retail
Style Retail
Status Active

Community Information

Address 3854 Thomas Avenue N
Area Victory
Subdivision Thorpe Bros William Penn Add
City Minneapolis
County Hennepin
State MN
Zip Code 55412

Amenities

Amenities Other
Garages Asphalt, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Lot Description Corner Lot
Roof Flat, Rubber
Construction Brick/Stone

School Information

District Minneapolis

Additional Information

Days on Market 158
Zoning Business/Commercial
Foreclosure No
Short Sale No

Listing Details

OfficeRE/MAX Results

Listing Map

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