$200,000

2600 University Avenue SE, Minneapolis, MN 55414


2600 University Avenue SE Minneapolis, MN 55414

For Sale MLS# 6324628

4,500 sq ft Commercial

Data current as of {{getLocalTime('2023-03-28T20:41:04Z')}}

Details for 2600 University Avenue SE

MLS# 6324628

Description for 2600 University Avenue SE, Minneapolis, MN, 55414


Welcome to your dream restaurant opportunity! This beautifully turnkey space has just undergone a front of house renovation, and boasts excellent exposureon a busy main street. The cherry on top? The restaurant is located on the bustling campus of the University of Minnesota, ensuring a steady stream of foot traffic. The business itself is for sale, and allfurniture, fixtures, and equipment are included in the sale. While the owners will not be selling the recipes, this presents a unique opportunity for a new operator to bring their own concept and culinary vision to life. The property is locally owned and managed. Don't miss out on this once-in-a-lifetime chance to make your restaurant dreams a reality!

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size: 0.94 Acres

Square Feet: 4,500 sq ft

Year Built: 2006

Foundation: 4,500 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Regents Add

Builder:

Foundation:

Total Units: 1

Current Use: Restaurant

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 69

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Other

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Garage Spaces: 6

Parking Spaces: 6

Parking Description: Uncovered/Open

Exterior: Brick/Stone

Lot View:

Lot Dimensions: 310x132

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Business,Business Assets,Fixture/Equipment

Soil Type:

Tillable Acres:

Driving Directions


Take I-94 E and Exit 243 to 6th St E. Take exit 243 from I-94 EGet on I-94 WFollow I-94 W to Huron Blvd SE in Minneapolis. Take exit 235B from I-94 WContinue on Huron Blvd SE. Drive to 26th Ave SE

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 3002923240155

Tax Amount: $17,345

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$200,000 Original Price
$200,000 Current Price
+$0 Total Change
Date Price Change
1/18/2023 02:47 PM $200,000

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 2600 University Avenue SE

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings