1100 2Nd StMinneapolis, MN 55415

For Sale
  • Commercial real estate
  • 5,137 SF

Property Details for 1100 2Nd St

Year built
2012
Construction
STEEL FRAME
Lot size
0.22 AC
Property size (Sq ft)
5,137 SF
Zone code
I1
Property type
Commercial real estate
APN
26-029-24-11-0113
APU
2602924110113

Description

This architecturally significant, single-tenant building offers 5,137 square feet of mixed-use retail and food production space. Located in Minneapolis' vibrant Downtown East neighborhood, bordering the Mill District and adjacent to Gold Medal Park, this property boasts a prime location. Built in 2012, the one-story structure features a charming second-floor area above the retail space. The building includes a concrete drive for convenient delivery and pick-up, along with ample street parking. Clerestory windows provide abundant natural light throughout. The flexible I-1, Light Industrial zoning allows for a variety of uses, making this a versatile investment opportunity. Situated on a 0.22-acre lot at 1100 S 2nd St, Minneapolis, MN 55415, this property presents a unique blend of character and functionality in a high-demand area. Its proximity to the Mill District and Gold Medal Park offers excellent visibility and accessibility. The building's design and location make it an ideal space for a variety of businesses seeking a distinctive presence in a thriving urban setting. The ample parking and convenient loading area further enhance its appeal to potential tenants. This is a rare opportunity to acquire a well-maintained, strategically located property with significant potential for growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,081,048
    Hospitality
    $990,234
    Educational
    $823,863
    Medical
    $852,197
    Retail
    $1,281,565
1100 2Nd St, Minneapolis, Minnesota

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.9766
Longitude
-93.2519
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$48,567
$875,700
$734,300
$1,610,000
-
$875,700
$734,300
$1,610,000

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