For Sale: Minneapolis MLS# 7153582
Active
NEW!
$315,000
Commercial: 2 Stories
Built 1917
0.12 acres
Minneapolis schools
MLS# 7153582
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Property Description
Fully occupied mixed-use investment opportunity in North Minneapolis. This property features both residential and commercial space and is in great
condition, while still offering an opportunity for a future owner to remodel or update portions to fit their vision. With tenants already in place, this is an
opportunity for an investor to step into an occupied income-producing property. Several neighboring properties are also available, creating an
opportunity to build a larger investment portfolio along the Penn Avenue corridor.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$315,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1917
State:
MN
Property Style:
2 Stories
Zip Code:
55412
Neighborhood/Area:
12
Subdivision Name:
Fletcher & Fletchers Add
Exterior
Stories:
Two
Garage Spaces:
0
Garage Dimensions:
0
Foundation Size:
750 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Gravel
- More Parking Offsite for Fee
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
45.018397, -93.308635
Inclusions:
Building
Lot Dimensions:
43 x 127
Zoning:
Business/Commercial
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
None
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Units
Total Units:
2
Miscellaneous
Current Use:
Beauty/Barber Shop
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
Mortgage Calculator
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| Month | Principal | Interest | P&I | Balance |
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| Year | Principal | Interest | P&I | Balance |
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 LPT Realty, LLC.
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.