The iconic Avalon Theater is nestled in the vibrant East Lake Street neighborhood of Midtown Phillips. It is in the heart of a bustling Opportunity Zone, which can offer certain tax incentives to investors. Notable for the signature art deco exterior façade and towering marquee, this expansive space accommodates a variety of potential uses ranging from theater to community or educational space, place of worship, or fitness center. The options are truly vast. The building features a newly remodeled office, kitchenette, and board room (2021), updated HVAC system (2018), as well as an ADA bathroom on the main level. It has excellent visibility on a commercial corridor, strong connection to public transit, freeway access, & an array of restaurants, area businesses and a thriving residential community.
MLS # | 6654590 |
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Listing Type | For Sale |
Style | Other Business Opportunity |
Sub-Type | Resale |
Status | Pending |
Year | 1937 |
Days On Site | 166 |
Listing Provided By | Assembly MN LLC | Danielle Cifuentes |
SQ Feet | 10,680 |
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Units | 1 |
Zoning | Business/Commercial |
Acreage | 0.20 |
Cooling | Central Air |
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Heating | Forced Air |
Roof | Rubber |
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Construction Materials | Brick/Stone |
Lot Features | Public Transit (w/in 6 blks), Corner Lot |
Parking Features | On-Street Parking Only |
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Utilities | Hot Water Common |
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Property | 1191 |
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State | MN |
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County | Hennepin |
City | Minneapolis |
Zip Code | 55407 |
Area | East Harriet |
School District | 1 |