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For Sale:  Minneapolis MLS# 6682717

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Active
$3,200,000
/mo Edit
Commercial:  2 Stories
Built 1928
0.13 acres
Minneapolis schools
MLS# 6682717
763-576-8286
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    Property Description

    Located on Nicollet Ave Eat Street this commercial building offers versatile uses as a restaurant or event center. The ground floor boasts high ceilings and an open feeling with extensive windows providing natural light. The second floor is open to be customized and renovated into the office spaces you need; this area has a separate entrance from the restaurant. Ample parking is available for clientele. The city reconnection of Nicollet Ave to Lake Street has been approved.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $3,200,000
    Property Type: Commercial
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1928
    State: MN
    Property Style: 2 Stories
    Zip Code: 55408
    Neighborhood/Area: Whittier
    Subdivision Name: Stillmans Add

    Interior

    Ceiling Height: 8-10
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 4,738 ft2
    Handicap Accessible: Fully Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    • Gravel
    • Parking Lot
    • Paved
    Unit Amenities: Hardwood Floors
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Flat

    Lot & Land

    Acres: 0.13
    Geolocation: 44.95073, -93.276979
    Inclusions: Building
    Lot Dimensions: 45 x 127
    Addl Parcels: 3402924430086, 340292443084
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $46,556
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $46,556

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Office
    • Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Available Utilities:
    • Heating Common
    • Hot Water Common
    Water System:
    • City Water - In Street
    • City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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