$1,200,000

328 W Broadway Avenue, Minneapolis, MN 55411


328 W Broadway Avenue Minneapolis, MN 55411

For Sale MLS# 6320678

4,177 sq ft Commercial

Data current as of {{getLocalTime('2023-03-27T03:50:39Z')}}

Details for 328 W Broadway Avenue

MLS# 6320678

Description for 328 W Broadway Avenue, Minneapolis, MN, 55411


Rare ownership opportunity in a very high traffic area! Situated off of I-94 and Broadway Ave, this high visibility property is well located for any retail business. Ample space for offices or storage within the main floor and basement. Top floor contains nine one-bedroom apartment units that are available for showing with advance notice. Sale includes 4 adjacent parcels, the sale of the 4th Street Saloon and all assets, along with the 9 residential units. 2040 guidance supports up to a 10 story structure if the property were to be redeveloped.

Listing Information


Property Type: Commercial, Apartments and Retail,Business Opportunity

Status: Active

Bedrooms: 9

Bathrooms: 2

Lot Size: 0.11 Acres

Square Feet: 4,177 sq ft

Year Built: 1925

Foundation: 4,824 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Willard & Cassedays Add

Builder:

Foundation:

Total Units: 11

Current Use: Residential,Tavern/Lounge

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 76

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 2

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Electric Common,Heating Common,Hot Water Common

Other Utilities:

Heating: Space Heater, Hot Water, Boiler, Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 30

Parking Description: Paved Lot

Exterior: Brick/Stone

Lot View:

Lot Dimensions: 42 x 115

Farm Type:

Crop Type:

Zoning: Business/Commercial,Residential-Multi-Family

Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Inventory,Leases,Liquor License,Rental License

Soil Type:

Tillable Acres:

Driving Directions


I-94 West to Washington/ Broadway exit. Turn left on Washington and left on West Broadway Ave. Property is one block down on the right.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 1502924230130

Tax Amount: $10,117

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$1,200,000 Original Price
$1,200,000 Current Price
+$0 Total Change
Date Price Change
1/9/2023 07:49 PM $1,200,000

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 328 W Broadway Avenue

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