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2200-2204 Hennepin Ave
Minneapolis, MN 55405

$2,350,000 USD

Apartments For Sale  •  11,070 SF

Property Details

• Property Type Apartments
• Total Building Size 11,070 SF
• Lot Size 0.25 AC
• Building Class C
• Year Built 1912
• Cap Rate 6.52 %
• Zoning C1

55 Transit Score

90 Walk Score

Highlights

Gorgeous Mixed-Use property fully leased to Specs Optical, Tao Organic Café + Herbery, and 8 Multi-Family Apartment Units.

Located in the coveted Lowry Hill neighborhood of Minneapolis. The Lowry Hill neighborhood is ranked the #2 Best Neighborhood to Live in Minneapolis.

Tao has been a tenant for 50 years and Specs Optical has been a tenant for 26 years.

This property is located near I-94 where traffic counts average 162,177 vehicles per day. Nearby retailers include Starbucks, The Lowry, & more.

Excellent demographics with a 5-mile average household income of $114,997 and 5-mile population of 504,289.

Eight 1 bedroom, 1 bathroom apartment units with 9 foot ceilings, hardwood & tile floors, 6 foot windows, and claw foot bathtubs.

Property Flyers

CoStar MP

Cap Rate:

6.52 %

Amenities

• Air Conditioning
• Heating

Public Transportation

Commuter Rail	Drive	Walk	Distance
Target Field Station (Northstar Corridor - Northstar Commuter Rail)	7 min	-	2.4 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail)	15 min	-	9.2 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	22 min	-	11.3 mi