3854 Thomas Avenue N, Minneapolis, MN 55412

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Sold Price
$425,000
List Price
$445,000

Property Description

Classic 1920s brick retail center in Victory neighborhood. Building has 5 units with a 14 space asphalt parking lot. Well-maintained building with newer forced-air furnaces in each unit and 4 of the 5 units have central air. Main floor units feature 9-10 ft ceiling height, separate front and back entrances, and some units have display windows. Property has a full basement with 8 ft ceiling height. Tenants pay their own heat/gas/electric. Four stable, long-term tenants occupy the 5 spaces. Buy as an investment opportunity or owner-occupy with your own business as space becomes available. Take advantage of the close proximity of Victory Memorial Drive and other thriving, local businesses and become a part of the growing Victory neighborhood business community.

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Listing courtesy of RE/MAX Results.

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