Republic at Seven Corners
Mixed-Use Property for Sale with Street-level Restaurant space and multifamily on 2nd & 3rd Floor.
Marketing description
PROPERTY LOCATED IN OPPORTUNITY ZONE
221 Cedar Avenue is a mixed-use building consisting of 10 one and two-bedroom apartment units in the city of Minneapolis. On ground level, a pub occupies 10,109 square feet.
**NOTE: THIS IS AN ASSET THAT SUITS A LOCAL BUYER WILLING TO “ROLL UP THEIR SLEEVES” AND RETENANT THE PROPERTY.
8 of the 10 apartment units have been renovated.
***PLEASE CALL RUSS OR PATRICK CRAWFORD FOR ADDITIONAL INFORMATION OR TO SET UP A TOUR.***
Investment highlights
Property Highlights:
20,064 SF Total
Street-Level Restaurant/Bar (formerly Sgt. Preston’s & The Republic) occupies 5,109 SF w/ +/- 5,000 SF of lower-level dry storage space with Two (2) large keg cooler rooms & freezer.
Restaurant space has extensive FF&E in place from previous tenant.
10 apartment units above the vibrant restaurant.
Extraordinary location at seven corners, next to the University of Minnesota Law School and The Carlson School of Management
A phenomenal opportunity for cosmetic upgrades to residential units allowing rent increases.
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