For Sale: Minneapolis MLS# 6810833
Active
NEW!
$1,990,000
Commercial: Apartments/Retail
Built 1901
0.19 acres
Minneapolis schools
MLS# 6810833
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Property Description
Prime Location: Situated in the vibrant and dynamic area of Lake Street, this property offers a unique investment opportunity in one of Minneapolis's most sought-after neighborhoods.
Versatile Space: With a significant total square footage of 19, 268 sq ft and an above-grade area of 14, 457 sq ft, the building provides ample space for a variety of commercial uses.
Zoning Information: The current site is zoned C2 (Neighborhood Corridor Commercial District), offering flexibility for a range of commercial activities.
Existing Tenants: The property includes existing apartments on the 2nd and 3rd floors, adding a residential component to the investment.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,990,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1901
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55408
Neighborhood/Area:
Central
Subdivision Name:
Bakers 2nd Add
Exterior
Garage Spaces:
0
Other Parking Spaces:
12
Foundation Size:
4,800 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Parking Lot
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.19
Geolocation:
44.948058, -93.273882
Inclusions:
Building, Fixture/Equipment, Land, Leases
Lot Dimensions:
61 x 135
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$41,383
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$42,248
Units
Total Units:
10
Miscellaneous
Current Use:
- Event Space
- Residential
- Restaurant
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
Mortgage Calculator
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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!
Listing provided by RMLS,
courtesy of Northstar Real Estate Associates.
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.