UPDATED:
11/01/2024 02:05 AM
Key Details
Property Type Condo, Commercial
Sub Type Apartment,Low Rise,Office
Listing Status Active
Purchase Type For Sale
Subdivision Ridgewood Add
MLS Listing ID 6625789
Year Built 1932
Annual Tax Amount $20,885
Tax Year 2024
Contingent None
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 89x146
Property Description
9 Unit Mixed-Use For Sale with 3 apartments + 6 offices in the High Demand Loring Park/Lowry Hill. Great condition in and out with a strong rental history. Excellent opportunity for both the investor or owner/user. The 2nd level 6 offices have historically been rented to therapy/counseling uses, but were just vacated for an owner/user opportunity or investor to bring their own tenants. Unit Mix: (1) 3 bed/2 bath. (1) 2 bed/1 bath. (1) 1 bed/1 bath. (6) second level offices leased to therapists. 4 tuck under garage stalls in the rear. The first floor apartment has historically been used for an Airbnb. Built in 1932 with many updates over the years, especially in 2018-2020. 6,924 total square feet. The building sites on a double lot with 0.23 acres and is zoned UN2 Urban Neighborhood 2 District. Only being offered for sale as the Seller is an out of state owner with a focus in retail.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Multi-Family
Rooms
Basement Finished
Interior
Heating Boiler
Inclusions Building, Land, Leases, Rental License
Fireplace No
Exterior
Garage Concrete, Tuckunder Garage
Garage Spaces 4.0
Utilities Available Electric Separate, Heating Common, Hot Water Common
Present Use Bed & Breakfast,Professional/Office,Commercial,Office,Professional Service,Recreational,Residential,Bar/Tavern
Parking Type Concrete, Tuckunder Garage
Building
Lot Description Irregular Lot
Foundation 2138
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Stucco
Schools
School District Minneapolis
Get More Information
Quick Search
- Homes For Sale in Minneapolis
- Homes For Sale in Saint Paul
- Homes For Sale in Woodbury
- Homes For Sale in Lakeville
- Homes For Sale in Plymouth
- Homes For Sale in Edina
- Homes For Sale in Maple Grove
- Homes For Sale in Eden Prairie
- Homes For Sale in Cottage Grove
- Homes For Sale in Bloomington
- Homes For Sale in Saint Louis Park
- Homes For Sale in Eagan
- Homes For Sale in Burnsville
- Homes For Sale in Rosemount
- Homes For Sale in Apple Valley
- Homes For Sale in Inver Grove Heights
- Homes For Sale in Champlin
- Homes For Sale in Richfield