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Active
$1,759,999
/mo Edit
Commercial:  Business,Duplex Up and Down,Warehouse
Built 1900
0.57 acres
Minneapolis schools
MLS# 6647708
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    Property Description

    Great opportunity for redevelopment into apartments or condos. 0.6 acres on Chicago Ave across from Peavey Park. Ideal centralized location half a mile from Minnesota Childrenā??s and Abbot Northwestern Hospitals. Less than 1.5 miles to the center of Downtown Minneapolis and 2.5 miles to the University of Minnesota. Zoned for mixed use with the ability to build up to six stories, providing great scenic views of Minneapolis. Buyer and buyer's agent to verify all measurements, taxes, and information.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Business, Duplex Up and Down, Warehouse
    Zip Code: 55404
    Neighborhood/Area: Ventura Village
    Subdivision Name: Clarks Add

    Interior

    Ranges: Two
    Refrigerators: Two
    Appliances Included:
    • Gas Water Heater
    • Range
    • Refrigerator
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: None
    Foundation Size: 1,303 ft2
    Handicap Accessible: None
    Heating System: Other
    Parking Features:
    • On-Street Parking Only
    • Other
    Shared Amenities: None
    Unit Amenities: None
    Exterior Material:
    • Block
    • Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.57
    Geolocation: 44.961427, -93.262106
    Inclusions: Building, Land
    Lot Dimensions: Irregular
    Addl Parcels: 3502924210160
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family
    Lot Description: Irregular Lot

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,112
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,112

    Income

    Annual Gross Income: $26,400

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Other
    • Storage Facility
    • Vacant
    Fuel System: Other
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Century 21 Affiliated.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.