Address
730 2nd Avenue S Minneapolis, MN
Price
$ 125,000
Property Attributes
  • ID#5730045
  • TypeCommercial
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaAuditors Sub 178
  • NeighborhoodAuditors Sub 178
  • Zip55402
  • StyleBusiness
  • Year Built1926
  • Taxes$ 537127
  • Price$ 125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1600
  • Lot Size0.77 Acres
Listing Provided Courtesy Of:
RE/MAX Results
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

SELLER WILL LOOK AT ALL OFFERS! Restaurant business opportunity in downtown Minneapolis at the Baker Center. Sales include appliances, equipment and other business related items. No real estate. Restaurant has been running for about 7 years and is serving Vietnamese and Chinese food. Rent is $3,400/mo plus electricity and gas. Current lease expires on 3/2023 plus a 4-year option with .25/sqft per year increase. Seller will provide 2 weeks training. Seller will accept cash and guaranteed installment loan with 50% down and 50% to be paid off in 2 years.

Price History
3/25/2021 Listed $150,000
4/21/2021 17% - $125,000

General Features

Accessibility None
Additional Parcels Y/N No
City Minneapolis
Construction Materials Other
Contingency None
County Hennepin
Current Use Restaurant
Days on Market 168
Directions S 8th St and 2nd Ave
Heating Forced Air
High School District Minneapolis
Lender Owned No
Property SubType Business
Property Type Commercial Sale
Sewer City Sewer/Connected
Standard Status Active
Street Name 2nd
Subdivision Name Auditors Sub 178
Tax Annual Amount 537127
Tax Year 2020
Total Units 1
Utilities Heating Separate, Electric Separate
Year Built 1926
Zoning Description Business/Commercial

Interior Features

Fuel Natural Gas
Street Suffix Avenue
Unit Type Efficiencies, 1 Bedroom, 2 Bedroom, 3 Bedroom, 1 Room, 2 Room, 3 Room, 4 Room, 5 Room, 6 Room, 7 Room

Exterior Features

Foundationarea 1600
Inclusions Business, Fixture/Equipment, Leases
Lot Size Area 0.77
Lot Size Units Acres
Parking Features Other
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55402

Price
AVG $130K
$130K
Taxes
AVG $537,127
$537,127
Visits
AVG 184
184
Year Built
AVG 1926
1926
Walkscore
AVG 96
96
Data Provided by Walkscore ® not using MLS data

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