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For Sale:  Minneapolis MLS# 7092876

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Active
$1,595,000
/mo Edit
Commercial:  1 Story
Built 1947
0.17 acres
Minneapolis schools
MLS# 7092876
763-576-8286
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    Property Description

    1111 Hennepin Avenue offers a unique opportunity to acquire a highly visible mixed-use commercial property in one of Minneapolis' premier dining and entertainment districts. The property features a well-maintained building with a fully improved 2, 975 SF restaurant space including a commercial kitchen, full-service bar, dining area, patio seating, walk-in coolers, storage, and extensive restaurant infrastructure. The property also includes a nationally recognized Domino's Pizza location providing stable supplemental income. Long-term ownership and consistent investment have resulted in a property that exhibits exceptional pride of ownership throughout. While the restaurant space is currently leased, future occupancy flexibility may be possible, creating potential opportunities for investors, owner-users, restaurant operators, breweries, entertainment concepts, and hospitality groups. Rarely does a property become available that combines existing income, a premier location, and the potential for future control of a fully built-out restaurant facility.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $1,595,000
    Property Type: Commercial
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1947
    State: MN
    Property Style: 1 Story
    Zip Code: 55403
    Neighborhood/Area: 19
    Subdivision Name: Auditors Sub 030

    Interior

    Ceiling Height: 11-15
    Flooring: Concrete Slab
    Basement Details:
    • Block
    • Other

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 4,873 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: Parking Lot
    Exterior Material:
    • Block
    • Brick
    • Concrete

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.17
    Geolocation: 44.974804, -93.279367
    Inclusions: Fixture/Equipment
    Lot Dimensions: 100 by 70
    Zoning: Business/Commercial

    Schools

    School District: 1
    District Phone: 6126680000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $29,287
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $34,602

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Restaurant
    • Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Fidler Commercial.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.