For Sale: Minneapolis MLS# 6742622
Active
NEW!
$699,500
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
Listing Status:
Active
Contingency:
None
List Price:
$699,500
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1910
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.