2012 Commercial Real Estate Scan Report

You can download the findings of a recent SCAN report of the commercial real estate situation in the Cedar Riverside area of Minneapolis.

The idea for the Cedar‐Riverside Commercial Real Estate SCAN Report came from the Cedar‐Riverside NRP Program, and the work to generate the report was carried out by the African Development Center. The purpose of the report is to get a sense of the commercial real estate market along Cedar Avenue, which is the neighborhood’s main commercial area. The SCAN consisted of the following activities: documenting the amount and types of retail and service space; calculating how much of that space is vacant versus occupied; determining whether each space was rental or owner‐occupied; and asking property owners and tenants to comment on
their perception of the neighborhood and the issues they see for the neighborhood and their businesses.

ADC_SCAN_Report.pdf9.28 MB