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5001 S Penn Ave
Minneapolis, MN 55419 Lynnhurst

Rate Upon Request

Storefront Retail Residential For Lease  •  578+ SF

Property Details

  • Property Type Storefront Retail Residential
  • Year Built 1922
  • Total Building Size 7,872 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning C1
50 Transit Score
60 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 578-3,000 SF Rate Upon Request
Dynamite retail location in a classic building at 50th and Penn South. 

Up to 3000 square feet for restaurant, coffee, or ? 
Parking and another 700 sq. feet adjacent may also be available. 

Penn Place LLC 
612-377-8748

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

Prime location for retail, restaurant, coffee shop and more! Owner pays heat, real estate tax and general building insurance. Rent is between $40-45/sq foot depending on how much space is needed. Former restaurant space has hood and make up air in place.  Parking available and is extra, same with enclosed patio. Former Sparrow space is approximately 725 sq feet, former bookstore is approximately 754 sq. feet

Highlights

Excellent high visibility location ready to rent!

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection

Major Tenants

Tenant SF Occupied Lease End Date
Fulton Restorations
Paperback Exchange
Sparrow Cafe LLC

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 16 min - 7.2 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 18 min - 9.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Larisa Ozols 612-991-1760 Lakes Area Realty
Larisa Ozols 612-991-1760 Lakes Area Realty