$1,795,000
2650 Nicollet Avenue, Main Level- Retail Condo
Minneapolis, MN 55408
MLS# 6758120



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Property 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 $1,795,000. Seller will also consider a lease. Perfect for a grocery store, restaurant, or unique retail concept. Contact broker for a private tour today.

Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $1,795,000
Contingency: None
ListPrice: 1795000
List Date: 2025-07-20
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Owner Occupied: Yes
Waterfront Present: No
Year Built: 2019
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 151 x 150
Acres: 0.52
Foundation Size: 7745
Garage Stalls: 0
For Sale or Lease: For Sale
Location, Tax and Other Information
Legal Description: REG. LAND SURVEY NO. 1863 TRACT C
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
County Abbreviation: Main Level- Retail C
Zip Plus 4: 1628
Property ID Number: 3402924310273
Tax Year: 2025
Tax Amount: 314
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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 $1,795,000. Seller will also consider a lease. Perfect for a grocery store, restaurant, or unique retail concept. Contact broker for a private tour today.
Directions: Heading west on E. Franklin, turn left onto Nicollet Ave. Property on the right.
Accessible
Doors 36"+: 1
Grab Bars In Bathroom: 1
Hallways 42"+: 1
No Stairs Internal: 1
Air Conditioning
Central Air: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 314
Assumable Loan
Not Assumable: 1
Basement
Foundation Dimensions: 70 x 110
None: 1
Building Information
Building Finished SqFt: 7745
Building SqFt: 7745
Ceiling Height: 11-15
Construction Status
Previously Owned: 1
Exterior
Aluminum Siding: 1
Brick/Stone: 1
Foundation
Slab: 1
Fuel
Electric: 1
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Paved Lot: 1
Unassigned: 1
Uncovered/Open: 1
Public Survey Info
Range#: 24
Section#: 34
Township#: 29
Rental License Type
Standard: 1
Sale Options
Sale Includes: Building, Fixture/Equipment
Sewer
City Sewer/Connected: 1
Stories
One: 1
Unit 1
Leased?: No
Unit Number: 1
Unit Details
Total Units: 1
Water
City Water/Connected: 1
Income and Expenses
Annual Gross Expenses: 1
Total Annual Expenses: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
CMU Style
Apartments and Retail: 1
Commercial Kitchen Appliances
Freezer: 1
Fryer: 1
Other: 1
Refrigerator: 1
Walk-In Cooler/Freezer: 1
Current Use
Commercial: 1
Food Service: 1
Retail: 1
Loan Terms
Cash: 1
Conventional: 1
Lease Purchase: 1
Other: 1
Potential Use
Grocery: 1
Lounge/Bar: 1
Restaurant: 1
Retail: 1
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
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

IDX
Listing Office: Grand Real Estate Advisors

Last Updated: January - 27 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.


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