$750,000

3440 Bloomington Avenue, Minneapolis, MN 55407

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$750,000

3440 Bloomington Avenue Minneapolis, MN 55407

For Sale MLS# 6451812

1,375 sq ftCommercial

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Data current as of 17/04/2024 08:13:12

Details for 3440 Bloomington Avenue

MLS# 6451812

Description for 3440 Bloomington Avenue, Minneapolis, MN, 55407


Incredibly rare opportunity to own and operate this amazing Neighborhood Coffee Shop and Bakery with Business Opportunity in the Powderhorn Park Community! May Day Cafe is a quaint, well-maintained building boasting a cozy and inviting ambiance, complete with ample seating and a welcoming atmosphere! Equipped with a fully operational, well-appointed kitchen, the bakery offers the perfect setup for an aspiring entrepreneur to continue the legacy. The cafe has an stablished clientele with a strong local following, providing a solid foundation for continued growth and expansion. With a proven 27-year track record of profitability and success, the business comes with a team of skilled and dedicated staff members who have contributed to the establishment's stellar reputation. This property benefits from a prime location with high foot traffic and easy accessibility. Surrounded by thriving local businesses, 1 block from a 64-acre park, on the 14 bus line, and high foot traffic!

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size: 0.07 Acres

Square Feet: 1,375 sq ft

Year Built: 1909

Foundation: 875 sq ft

Stories: 1 Story

Subdivision: Bloomington Ave Add

Number Of Units Total: 1

Current Use: Commercial,Food Service

County: Hennepin

Days On Market: 172

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Interior Features


Appliances: Microwave, Range, Freezer, Exhaust Fan/Hood, Refrigerator, Dishwasher, Washer, Gas Water Heater, Stainless Steel Appliances

Basement: Concrete Block

Accessibility: Grab Bars In Bathroom, Fully Wheelchair, Doors 36+

Utilities


Water: City Water - In Street

Sewer: City Sewer - In Street

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

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Parking Description: Driveway - Asphalt

Exterior: Wood

Roof: Age 8 Years or Less, Rubber

Lot Dimensions: 130x24

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Fixture/Equipment, Road Frontage - City

Driving Directions


35th St to Bloomington Ave to property on west side of street.

Financial Considerations


Owner Pays: Electric,Insurance,Janitorial,Snow,Taxes,Trash,Water/Sewer

Tax/Property ID: 0202824420014

Tax Amount: 4770

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Buyer Broker Compensation: 3.00%

Price Changes


$750,000 Original Price
$750,000 Current Price
$0Total Change
Date Price Change
10/27/2023 03.37 PM $750,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 3440 Bloomington Avenue

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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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