Marcus & Millichap is pleased to exclusively list for sale the Chicago Avenue Shops. This is a unique 2 building mixed use opportunity with 6 retail spaces and 4 residential apartments. All commercial and residential spaces have been completely renovated within the last 5 years. The location of the property is within an opportunity zone in Minneapolis, MN with multiple local, regional, and national outlets providing business support, and renovation/building update support.

With 8,000 square feet of main floor retail space, and 3,150 square feet of lower level workshop and warehouse space the property is able to provide multiple orientations and configurations for future tenants and owner occupiers to flourish. There is an additional 3,000 square feet of storage and warehouse space on the lower level of 3730, which allows tenants the opportunity to grow their businesses without needing to increase rental space or look for alternate locations. The 3,000 square feet of residential space provides updated housing options for a neighborhood with historically low vacancy.

There is additional passive income via the dual sided Clear Channel billboard atop the property, and solar paneling that assists in offsetting electricity costs and pays monthly dividends.

This property is a great opportunity for someone to grow within the 38th & Chicago community, providing high quality retail and residential options for businesses and tenants.