4250 Nicollet Avenue, Minneapolis, MN 55409

$112,809.69
Property Type: Commercial Lot Size (sq. ft.): 2,178 Status: Closed
Current Price: $112,809.69 List Date: 11/17/2023 Last Modified: 6/08/2025

Overview

Description

Newly Remodeled Storefront Retail For Lease! Available for the first time since the 1960's. High demand location- 42nd and Nicollet Ave, in the Kingsfield Neighborhood. The 1st floor is 900 square feet + 900 square feet of complimentary unfinished basement space. All new Brick facade, new Storefront, 2023 TPO Roof, HVAC and more. Ability to lease neighboring space for a square footage range of 900-4000 of 1st floor space plus equivalent sized complimentary basement space. Block tenants include: Lowbrow (restaurant), Kruse Markit (Cafe/Restaurant). Bucheron (New Restaurant coming Dec 2023), Edward Jones (office), Fulton Realty (office), Apoy (restaurant), HAUS Salon and more! Tenant improvement allowance is negotiable- interior will remain mostly unfinished & ready for builtdout

Listing Details MLS# 6461569

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Year Built
1914
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
900
For Sale or Lease
For Lease
Acres
0.05
Lot Dimensions
18x126
Other Parking Spaces
0
Garage Stalls
0

Property Features

Accessible: No Stairs External CMU Style: Freestanding; Retail/Shopping Center Construction Status: Previously Owned Current Use: Commercial; Food Service; Retail; Vacant Exterior: Brick/Stone; Stucco Fuel: Electric Heating: Forced Air Lease Details: Triple Net Loan Terms: Lease Purchase Lock Box Type: None On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Paved Lot; Uncovered/Open Sewer: City Sewer/Connected Tenant Pays: All Utilities; Taxes; Water Water: City Water/Connected

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-04-25
Closed Date
2024-03-01
Sales Close Price
112809.69
Original List Price
30
Contingency
None
ListPrice
30
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4250
Street Name
Nicollet
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55409
Complex/Dev/Subdivision
Cable Line Add

Assessments

Assessment Balance
147.73
Tax With Assessments
7357.68

Building Information

Building Finished SqFt
900
Building SqFt
1800
Ceiling Height
8-10

More Information

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Square Foot
Triple Net
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
10
Township#
28

Sale Options

Sale Includes
Other

Unit Details

Total Units
Yes

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
Rental License?
No
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
7105
Property ID Number
1002824310096
Tax Year
2023
Tax Amount
7210
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Newly Remodeled Storefront Retail For Lease! Available for the first time since the 1960's. High demand location- 42nd and Nicollet Ave, in the Kingsfield Neighborhood. The 1st floor is 900 square feet + 900 square feet of complimentary unfinished basement space. All new Brick facade, new Storefront, 2023 TPO Roof, HVAC and more. Ability to lease neighboring space for a square footage range of 900-4000 of 1st floor space plus equivalent sized complimentary basement space. Block tenants include: Lowbrow (restaurant), Kruse Markit (Cafe/Restaurant). Bucheron (New Restaurant coming Dec 2023), Edward Jones (office), Fulton Realty (office), Apoy (restaurant), HAUS Salon and more! Tenant improvement allowance is negotiable- interior will remain mostly unfinished & ready for builtdout
Directions
High visibility location on Nicollet Ave

Accessible

No Stairs External
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Fuel

Electric
Yes

Heating

Forced Air
Yes

Lock Box Type

None
Yes

Parking Characteristics

Paved Lot
Yes
Uncovered/Open
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

Tenant Pays

All Utilities
Yes
Taxes
Yes
Water
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Freestanding
Yes
Retail/Shopping Center
Yes

Current Use

Commercial
Yes
Food Service
Yes
Retail
Yes
Vacant
Yes

Loan Terms

Lease Purchase
Yes
IDX
Listing Office: RE/MAX Results
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.