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Property Overview
Price/Rent PSF $ 25.00
Asset Type Mixed use
Trade Type Lease
SQ. FT. Available 5,100
Date Available 01/12/2018
Additional URL Link
Space 1 Building A: 2,100 sf (building corner with 13' clear span ceilings)
Space 2 Building B: 3,000 sf (9’ clear ceilings)
Space 3 Building A and B contiguous to 5,100 sf
Search Demographic Data
Description

Seeking Restaurant/Taproom/Fitness For Redevelopment In Great NE Arts District!

This is a fantastic location in NE Minneapolis on a very busy intersection on Lowry Avenue. There are currently two contiguous buildings that the owners would like to renovate while keeping the existing structure, ideally to accommodate a restaurant user of up to 5,100 SF. The owners would also be willing to lease both buildings separately to a restaurant user or other retail related uses.

Highlights & Features:
• Corner of Lowry Avenue and 2nd Street NE
• Property is situated on high frequency bus route #11
• Several options for outdoor patios/seating available
• Excellent visibility and signage opportunity on Lowry Avenue
• Oversized parking lot
• 400 Amps 120/240 3 phase power
• New HVAC
• General Commercial Zoning: I-2
• Close proximity to shops, art galleries, restaurants, tap rooms, farmers market and Co-ops

Demographics and Traffic Counts:
• 2016 Average Population: 1 mile - 14,948, 3 miles – 169,338
and 5 miles – 405,963
• Traffic Counts: 9,100 vpd on Lowry Avenue and 15,100 vpd on
University Avenue

Space Available:
• Building A: 2,100 sf (building corner with 13' clear span ceilings) Building B: 3,000 sf (9’ clear ceilings)
• Building A and B contiguous to 5,100 sf
• Lease Rate: $25.00 psf Gross

Location

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