For Sale: Minneapolis MLS# 6522404
Active Contingent
$1,500,000
Commercial: Apartments/Retail
Built 1922
0.21 acres
Minneapolis schools
MLS# 6522404
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Property Description
LARGE PRICE REDUCTION ! Welcome to an unparalleled opportunity to obtain a well maintained and cared for property nestled in the hip and up and coming Longfellow neighborhood. 3535-3543 E Lake Street and 3002-3010 36th Ave S are three strategically positioned buildings, consisting of six commercial units and five inviting residential apartments, perfectly complemented by a 15-car parking lot. This investment gem also generates additional income through billboard rentals.
Seize this chance to elevate your portfolio with a property designed for both stability and growth.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$1,500,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1922
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55406
Neighborhood/Area:
Longfellow
Exterior
Garage Spaces:
0
Other Parking Spaces:
15
Foundation Size:
9,215 ft2
Foundation Dimensions:
95 X 97
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Parking Lot
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.21
Geolocation:
44.9480900145, -93.2206780246
Inclusions:
Building, Leases
Lot Dimensions:
91 X 100
Zoning:
- Business/Commercial
- Other
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$38,622
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$38,622
Units
Total Units:
11
Miscellaneous
Current Use:
- Residential
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
Heating Separate
Water System:
City Water - In Street
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.