For Sale: Minneapolis MLS# 7153671
Active
NEW!
$249,000
Commercial: Other
Built 1921
0.13 acres
Minneapolis schools
MLS# 7153671
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Property Description
Fully occupied commercial investment opportunity along the Penn Avenue corridor in North Minneapolis. With commercial tenants already in place,
this property provides an opportunity for an investor to acquire an occupied, income-producing asset and put their money to work. The property could
benefit from remodeling and updating, giving a new owner the opportunity to make improvements while building long-term value. Multiple neighboring
properties are also available for buyers interested in expanding their investment portfolio.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$249,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1921
State:
MN
Property Style:
Other
Zip Code:
55412
Neighborhood/Area:
12
Subdivision Name:
Fletcher & Fletchers Add
Exterior
Garage Spaces:
0
Foundation Size:
2,122 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Gravel
- More Parking Offsite for Fee
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
45.018515, -93.308636
Inclusions:
Building
Lot Dimensions:
43 x 127
Zoning:
Business/Commercial
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$8,633
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,633
Units
Total Units:
2
Miscellaneous
Current Use:
- Office
- Professional Service
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.