1401 S 12th Ave W, Virginia, MN 55792
RETAIL For SaleYear Built: 1971
Floors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| Retail Investment Opportunity in Uptown Virginia Mall | SALE | $3,797,000.00 |
Amy Senn - Mid-America Real Estate-Minnesota LLC
PHONE: 9528977833
PHONE: 9525636605
Bryce Thompson - Mid-America Real Estate-Minnesota LLC
PHONE: 6123550751
PHONE: 9525636657
**UPTOWN VIRGINIA MALL (THREE TENANT GROCERY ANCHORED CENTER) - 1401-1414 S 12th Ave W, Virginia, MN 55792** Exciting investment opportunity! Presenting the Uptown Virginia Mall, a thriving retail property in Virginia, MN. Boasting a prime location with high visibility on Highway 53, this 57,248 SF grocery anchored mall features Aldi, Tractor Supply, and Harbor Freight. The year 1 NOI is $341,242 with a solid 100% occupancy rate and fantastic potential for future rent growth, priced at an attractive $66 PSF. Set in a high-traffic area connecting Duluth to the Iron Range, this property benefits from a captive trade area of over 70,000 people within a 20-mile radius. Additionally, the mall is strategically positioned near major retailers like Target, Menards, and Walmart. With a renovation plan underway and a new Marshall’s store scheduled to open in 2026, the Uptown Virginia Mall is a fantastic investment opportunity not to be missed.