22 N 5th St | Minneapolis, MN 55403
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
22 N 5th St
Minneapolis, MN 55403
Retail Property For Sale
Executive Summary
Discover a unique investment opportunity in the heart of Minneapolis's downtown destination district. This multi-level property, formerly a prominent furniture store, offers endless potential for the visionary investor or operator. Situated in one of the most sought-after and high-traffic areas of downtown, this property boasts high foot traffic, visibility, and easy access to major transportation routes. With multiple levels of versatile space, this property can easily accommodate a variety of uses - from retail shops and restaurants or entertainment to creative studios. While retaining its unique architectural character, the building offers the opportunity to preserve its historical elements while modernizing the space. Investors could have an opportunity to leverage historical tax credits to enhance the property, maximizing returns while contributing to the rich history of the area. Don't miss out on a chance to own a piece of downtown Minneapolis with significant potential for growth and transformation!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,272 SF
Building Class
C
Year Built
1908
Price
£1,900,198
Price Per SF
£75
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
2.98
Lot Size
0.19 AC
Zoning
B4S-2
Parking
1.35 Spaces per 1,000 SF Leased
Frontage
40 ft on 5th
Amenities
- Bus Route
- Commuter Rail
- Public Transport
- Pylon Sign
- Signage
- Signalised Intersection
PROPERTY TAXES
Parcel Number | 22-029-24-43-0104 | Improvements Assessment | £316,277 |
Land Assessment | £1,109,465 | Total Assessment | £1,425,743 |
PROPERTY TAXES
Parcel Number
22-029-24-43-0104
Land Assessment
£1,109,465
Improvements Assessment
£316,277
Total Assessment
£1,425,743
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP