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2200-2204 Hennepin Ave
Minneapolis, MN 55405 Uptown Minneapolis

$2,176,200 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 8.00 %
  • Zoning C1
57 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 Lowry Hill neighborhood of 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

Cap Rate: 8.00 %

Amenities

  • Air Conditioning
  • Heating

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 8 min - 2.4 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 16 min - 9.3 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 22 min - 11.4 mi
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.