3854 Thomas Avenue N, Minneapolis, MN
$445,000
4,150
Square feet
0.24
Acres
About 3854 Thomas Avenue N
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.
Features of 3854 Thomas Avenue N
MLS® # | 6705803 |
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Price | $445,000 |
Square Footage | 4,150 |
Acres | 0.24 |
Year Built | 1926 |
Type | Commercial |
Sub-Type | Retail |
Style | Retail |
Status | Active |
Contingency Type | None |
Community Information
Address | 3854 Thomas Avenue N |
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Area | Victory |
Subdivision | Thorpe Bros William Penn Add |
City | Minneapolis |
County | Hennepin |
State | MN |
Zip Code | 55412 |
Amenities
Amenities | Other |
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Garages | Asphalt, Parking Lot |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Forced Air |
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Cooling | Central Air |
Fireplace | No |
Has Basement | Yes |
Basement | Block, Full, Single Tenant Access |
Exterior
Lot Description | Corner Lot |
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Roof | Flat, Rubber |
Construction | Brick/Stone |
School Information
District | Minneapolis |
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Additional Information
Zoning | Business/Commercial |
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Foreclosure | No |
Short Sale | No |
Taxes | $9,766 |
Tax Year | 2025 |
Office | RE/MAX Results |
Listing Details
Office | RE/MAX Results |
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