2650 Nicollet Avenue, Main Level- Retail Condo, Minneapolis, MN 55408 (MLS# 6758120)

2650 Nicollet Avenue, Main Level- Retail Condo, Minneapolis, MN 55408

$1,750,000
Property Type: Commercial Square Footage: 7,745 Lot Size (sq. ft.): 22,651 Status: Active
Current Price: $1,750,000 List Date: 7/21/2025 Last Modified: 9/21/2026

Overview

Description

Rare Turn-Key Opportunity on "Eat Street" – Price Reduced! Own the entire street-level retail floor of the newer construction (2019) Good Dwelling apartment building. This 7,745 SF retail condo is a move-in ready gem, currently operating as a high-end grocery store (Good Grocer). Key Features Include: Ready-to-Go Infrastructure: "Hood ready" with a sleeve in place for venting, commercial kitchen, and walk-in refrigerator/freezer. Extensive FF&E: Significant list of existing equipment including refrigerated/frozen display cases, combi ovens, and merchandisers. Indoor/Outdoor Integration: Glass pack bay doors perfect for open-air concepts along Nicollet Ave. Dedicated Parking: Rare 20-stall surface parking lot included in the sale. Prime Location: High visibility in a 80-unit building within the heart of the "Eat Street" corridor. Priced well below replacement cost at $1,750,000. Seller will also consider a lease. Perfect for a grocery store, restaurant, or unique retail concept. Con ...

Listing Details MLS# 6758120

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
20
Owner Occupied
Yes
Waterfront YN
No
Year Built
2019
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
7745
For Sale or Lease
For Sale
Acres
0.52
Lot Dimensions
151 x 150
Assessment Pending
No

Property Features

Accessible: Doors 36"+; Grab Bars In Bathroom; Hallways 42"+; No Stairs Internal Air Conditioning: Central Air Assumable Loan: Not Assumable Basement: None CMU Style: Apartments and Retail Commercial Kitchen Appliances: Freezer; Fryer; Other; Refrigerator; Walk-In Cooler/Freezer Construction Status: Previously Owned Current Use: Commercial; Food Service; Retail Exterior: Aluminum Siding; Brick/Stone Foundation: Slab Fuel: Electric; Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional; Lease Purchase; Other On Site Utilities: Electric Separate; Heating Separate Parking Characteristics: Parking Lot; Paved Lot; Unassigned; Uncovered/Open Potential Use: Grocery; Lounge/Bar; Restaurant; Retail Rental License Type: Standard Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1750000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2650
Street Name
Nicollet
Street Suffix
Avenue
Unit Number
Main Level- Retail Condo
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55408
Complex/Dev/Subdivision
Registered Land Surv 1863 Trac

Assessments

Tax With Assessments
314

Basement

Foundation Dimensions
70 x 110

More Information

Building Information

Building Finished SqFt
7745
Building SqFt
7745
Ceiling Height
11-15

Income and Expenses

Annual Gross Expenses
Yes
Total Annual Expenses
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
34
Township#
29

Sale Options

Sale Includes
Building, Fixture/Equipment

Unit 1

Unit Number
Yes
Leased?
No

Unit Details

Total Units
Yes
IDX
Listing Office: Grand Real Estate Advisors
Last Updated: September - 21 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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