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Active NEW!
$299,900
/mo Edit
Commercial:  1 Story
Built 1957
0.14 acres
Minneapolis schools
MLS# 6769049
My rating:
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    Property Description

    Prime Mixed-Use Opportunity Near Downtown Minneapolis: Here’s your chance to own a cash-flowing building or launch your own business while generating rental income from additional units. This unique property features three separate units, each with its own half bath and utilities, offering flexibility for multiple tenants or diverse business uses. Located right on bus line, minutes from downtown Minneapolis, and Minneapolis Sculpture Garden. Surrounded by other blooming businesses and the IMS (International Market Square) Building, across from the fire station, and much more. There's plenty of street parking and 5-6 car spaces off-street on back of building. Previously used for professional and real estate offices/services, church and barbershop, and grocery store. Bring your next business idea to this location and bloom. The possibilities are endless—open a convenience store, deli, boutique, or other retail concept in this high-visibility location. Easy potential income $3, 300+ monthly. Schedule a showing today!

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: 1 Story
    Zip Code: 55405
    Neighborhood/Area: Harrison
    Subdivision Name: Bowmans Add

    Interior

    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 6
    Air Conditioning: Window Unit(s)
    Foundation Size: 2,891 ft2
    Handicap Accessible: No Stairs Internal
    Heating System: Forced Air
    Parking Features: Parking Lot
    Exterior Material:
    • Aluminum Siding
    • Brick/Stone
    • Metal Siding

    Lot & Land

    Acres: 0.14
    Geolocation: 44.980695, -93.300683
    Inclusions: Building, Fixture/Equipment, Land
    Lot Dimensions: 80 x 80 x 80 x 100
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $11,840
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,970

    Units

    Total Units: 3

    Miscellaneous

    Current Use: Vacant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Heating Separate
    • Hot Water 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.