3011 W 50th St

Minneapolis, MN 55410
home  Properties  3011 W 50th St

Property Description

3011 W 50th St
Minneapolis, MN 55410

Status: For Sale

Property Type: Retail,Mixed Use

PENDING - 2,470 SF Two Level Freestanding Building For Sale - $474,900

Prime opportunity to own this freestanding building in the heart of 50th and Xerxes. The current tenant has been in the building since 2011 and is interested in signing a new, long-term lease. Confidentiality and discretion are important here with the existing tenant still being in business.

Highlights and Features:

  • Central location with a dense population
  • Excellent freeway access to Hwy 62 and I 35W
  • Prime visibility on well-traveled W. 50th Street and Xerxes Avenue South
  • PID: 17-028-24-42-0087
  • Zoning: C-1
  • Year Built: 1925
  • Lot Size: 22’x70’ (1,540 SF)

Demographics:

  • Average Household Population: 1 mile - 11,127, 3 miles - 78,001 and 5 miles - 233,325
  • Average Household Income: 1 mile - $111,235, 3 miles - $101,165 and 5 miles - $85,051
  • W 50th St - 11,400 vpd, Xerxes Ave N - 8,300 vpd, Xerxes Ave S - 8,800 vpd

Available For Sale: 2,470 SF on 2 Levels

  • 2021 Tax: $8,381.16
  • Sale Price: $474,900.00

Additional Info

Contact

Lisa Christianson
952.393.1212
[email protected]