1500 W Broadway AVE Minneapolis, MN 55411
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Forest Heights
MLS Listing ID 6703737
Year Built 1901
Annual Tax Amount $9,526
Tax Year 2025
Contingent None
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 22x92
Property Description
Perfectly positioned for developers or business owners, this offering provides a rare chance to capitalize on strong rental income, future development potential, and significant tax incentives.
Located in a high-visibility corridor with strong foot traffic and easy access to major transportation hubs, this property is primed for immediate and long-term success.
Property Highlights:
-Mixed Use Building: Income-producing property with fully-lease, ground floor commercial space and residential units above. Tenants pay all utilities, except water/sewer and trash.
-Adjacent Vacant Lot: Ideal for expansion, new development, or additional parking.
-Located in a Designated Opportunity Zone: Unlock valuable tax benefits and investment growth potential.
-High-traffic Location: Surrounded by thriving business, dining, and residential communities.
-Easy Access to Public Transit & Major Highways: Ensures seamless connectivity for tenants and customers.
-Strong Demand for Commercial & residential Spaces: A sought-after area with increasing property values.
Seize this rare investment opportunity to own, expand, or develop in one of the most promising locations in the market. Whether you're looking to grow your portfolio or establish a dynamic mixed-use hub, this property offers step toward maximizing your investment potential!
Location
State MN
County Hennepin
Zoning Business/Commercial,Lot,Residential-Multi-Family
Interior
Heating Forced Air
Inclusions Building, Land, Leases
Fireplace No
Exterior
Parking Features On-Street Parking Only, Other
Utilities Available Electric Separate, Heating Separate
Present Use Professional/Office,Commercial,Professional Service,Residential,Retail
Building
Story Three Or More
Foundation 1980
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Block,Brick/Stone
Schools
School District Minneapolis
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