40 14th Ave

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40 14th Ave

Minneapolis, MN 55414
Asking Price
$2.39M
Asset Type
Retail
Class
Class B

What's Special

40 14th Ave is located in the North Loop neighborhood of Minneapolis, an area characterized by a mix of historic industrial buildings and modern residential developments. The property is situated near the Mississippi Riverfront, offering proximity to various local boutiques, established restaurants, and fitness studios. The location is accessible via Interstate 94 and multiple Metro Transit bus routes, and it is positioned within a walkable district with significant pedestrian traffic. This retail asset is suited for businesses seeking a high-density urban environment. Ideal use cases include boutique clothing stores, specialty grocery or convenience hubs, and service-oriented retail such as salons or neighborhood showrooms. Typical tenants for this area often include local entrepreneurs and established regional brands that cater to the neighborhood's professional workforce and residential population.

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NOI
$80,000
Cap Rate
3.35%
DSCR
0.56
Underwater
Cash-on-Cash
-8.63%
Monthly Payment
$11,824.416
Annual Cash Flow
$-61,892.992

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