Subway on North Minnesota closes
Feb. 19, 2021
The Subway on North Minnesota Avenue has closed, and the building is for sale.
“It’s a reasonably priced building with Minnesota frontage that will be perfect for a local owner-operator restaurant or a retailer,” said Alex Soundy of Bender Commercial Real Estate Services, who has the listing for the property at 1229 N. Minnesota Ave.
The location has a drive-thru, which also makes it desirable, Soundy said. It’s eligible for SBA financing.
The property is owned by an out-of-state investor, he said.
“We have interested parties,” Soundy said. “We’re in a holding pattern with Subway corporate to move forward, but as soon as that’s figured out, it will move fast.”