For Sale: Minneapolis MLS# 7153508
Active
$269,000
Commercial: Other
Built 1922
0.18 acres
Minneapolis schools
MLS# 7153508
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Property Description
Fully occupied commercial investment opportunity in North Minneapolis. This property is in good condition with existing tenants already in place,
offering an investor the opportunity to acquire an occupied income-producing asset. Put your money to work with a property where tenant income can
help offset ownership costs while you build equity over time. Seller is also offering additional nearby properties, providing an opportunity to acquire
multiple assets along the Penn Avenue corridor.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$269,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1922
State:
MN
Property Style:
Other
Zip Code:
55412
Neighborhood/Area:
12
Subdivision Name:
Utopia
Exterior
Garage Spaces:
0
Foundation Size:
3,310 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.18
Geolocation:
45.01882, -93.308642
Inclusions:
Building
Lot Dimensions:
60 x 129
Zoning:
Business/Commercial
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$8,117
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,117
Units
Total Units:
4
Miscellaneous
Current Use:
- Beauty/Barber Shop
- Professional Service
Fuel System:
Natural Gas
Sewer System:
City Sewer - In Street
Available Utilities:
Electric 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 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.