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Active NEW!
$699,500
/mo Edit
Commercial:  Other
Built 1910
0.1 acres
Minneapolis schools
MLS# 6742622
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    Property Description

    -Same Owner for 26 Years -Prime Highly Desirable South Minneapolis Location. -Excellent 1031 Tax Exchange Opportunity -Stable Tenancy - Retail Tenant Lease Ends 12/31/2030 -CM1 Zoning on Corner of Lyndale Ave S & W 37th St -Below Market Rents - Significant Upside Potential -2 Car Garage + 2 Car Parking Lot for Retail Tenant -Standalone Corner Mixed-Use - Great Curb Appeal. -Contact Brokers for Rent Roll with Expenses -DO NOT DISTURB TENANTS.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Other
    Zip Code: 55409
    Neighborhood/Area: King Field
    Subdivision Name: Elisha Morses Add

    Exterior

    Garage Spaces: 2
    Garage Size: 100 ft2
    Other Parking Spaces: 2
    Foundation Size: 2,604 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Detached
    • Off Site
    • Open
    • Paved
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.1
    Geolocation: 44.935748, -93.287799
    Inclusions: Building, Leases
    Lot Dimensions: 121 x 37
    Zoning: Business/Commercial

    Schools

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

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $14,489
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $14,537

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Commercial
    • Professional Service
    • Professional/Office
    • Residential
    • Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.