For Sale: Minneapolis MLS# 7014388
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
This unique building with Retail/Rental opportunities. Over 1800 F Sq Ft of Retail or Commercial space on Main Level with added storage down. Possibilities are endless. And 1800 F Sq Ft up with 2 rental units with large rooms. 2 bed unit and 1 bed unit, shared laundry with Washer/Dryer. Opportunities are endless and just waiting for that ambitious business owner or investor. Could be used as an in-home business or leased out for additional income. Two blocks down from Folwell Park, on the bus line, just screaming for Retail/Rental owner. Includes two car tuck under garage.
Great opportunity in an area that is up and coming.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$479,900
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1926
State:
MN
Property Style:
2 Stories
Zip Code:
55412
Neighborhood/Area:
27
Interior
Bedrooms:
3
Bathrooms:
2
Refrigerators:
Two
Appliances Included:
- Range
- Refrigerator
Basement Details:
Partial
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
17x22
Garage Size:
382 ft2
Air Conditioning:
None
Foundation Size:
4,020 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Tuckunder Garage
Unit Amenities:
None
Road Frontage:
City Street
Exterior Material:
- Brick
- Stone
Pool:
None
Roof Details:
- Age Over 8 Years
- Flat
Lot & Land
Acres:
0
Geolocation:
45.0225532021, -93.2960023979
Inclusions:
Building, Fixture/Equipment
Lot Dimensions:
5227
Zoning:
- Business/Commercial
- Residential-Multi-Family
Farm
Topography:
Flood Plain
Schools
School District:
558
District Phone:
6126680000
Expenses
Tenant Expenses:
Broadband, Cable TV, Electricity, Gas, Heat, Hot Water, Telephone, Parking Fee
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$10,529
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
None
Income
Annual Gross Income:
$55,800
Units
Total Units:
2
Miscellaneous
Current Use:
- Commercial
- Office
- Residential
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| 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 Coldwell Banker Realty.
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.