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1201-1211 Lagoon Ave
Minneapolis, MN 55408 Uptown Minneapolis

$2,600,000 USD

Storefront Retail Residential For Sale  •  13,099 SF

Property Details

• Property Type Storefront Retail Residential
• Total Building Size 13,099 SF
• Lot Size 0.4 AC
• Building Class B
• Year Built 2006
• Tenancy Multiple
• Zoning C3A

56 Transit Score

98 Walk Score

Highlights

Above market in-place CAP RATE of 9.31%

Stable asset with value-add upside via rent increases or re-tenanting 57 FIT

CorePower Yoga (since 2007) and SofaClub Cannabis (new 10-year lease) offer excellent credit anchor Tenants for 60% of the GLA

Outstanding Uptown location

Contact broker today for additional information and a tour

Property Flyers

Lumen on Lagoon_OM_V1

Amenities

• Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
Target Field Station (Northstar Corridor - Northstar Commuter Rail)	11 min	-	3.5 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	22 min	-	12.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Covered
Included in Rent:	Yes