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Active NEW!
$450,000
/mo Edit
Commercial:  1 Story
Built 1931
0.14 acres
MLS# 7020444
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    Property Description

    Excellent opportunity in the heart of Northeast Minneapolis! This well-located property offers excellent visibility and easy access along a popular corridor known for its local shops, restaurants, and strong neighborhood feel. The functional layout provides flexible space suitable for a variety of uses, making it ideal for an owner-occupant, investor, or entrepreneur (buyer to verify zoning and permitted uses). Large windows allow for abundant natural light, and the convenient location offers quick connections to major routes throughout Minneapolis and the Twin Cities metro. This property presents a fantastic chance to own along a highly recognizable Northeast corridor. This is a unique investment or business opportunity in a thriving Minneapolis location! Buyer and buyer’s agent to verify all measurements, zoning, and permitted uses.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: 1 Story
    Zip Code: 55418
    Neighborhood/Area: 2
    Subdivision Name: Morning Star Add

    Interior

    Basement Details: Full

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 48x28
    Air Conditioning: Central Air
    Foundation Size: 1,764 ft2
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Attached Garage
    • Heated Garage
    • Parking Lot
    • Paved Lot
    Road Frontage: City Street
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Flat

    Lot & Land

    Acres: 0.14
    Geolocation: 45.020022, -93.237487
    Inclusions: Building, Land, Leases
    Lot Dimensions: 50 x 125 x 50 x 125
    Addl Parcels: 292412210133
    Zoning: Business/Commercial
    Lot Description: Zero Lot Line

    Farm

    Topography: Level

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,253
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $10,253

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Office
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: 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 eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.