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$ 145,000
Est. payment /mo
Active
2759 Penn AVE N Minneapolis, MN 55411
5,227 Sqft Lot
UPDATED:
05/01/2024 02:13 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Penn Ave Add
MLS Listing ID 6441087
Year Built 1912
Annual Tax Amount $699
Tax Year 2023
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x127
Property Description
Commercial mixed use building at a great location! Corner of 29th & Penn with tons of traffic exposure. This would make a great spot for office, shop, retail, or mixed-use with apartment + business. Lot extends to alley with enough room to build a garage or add some parking. ZONE C1 - Neighborhood Commercial District allows many uses. Currently has 3 rooms street side for business/office use + kitchen & full bathroom. Back of building includes 2bedroom apartment with kitchen & full bathroom. Projected ARV rents for current set up = $2500/month total. C1 Zoning offers a multitude of options if building new. Neighboring lot to South is vacant and possibly for sale. Opportunity knocks!
Location
State MN
County Hennepin
Zoning Business/Commercial
Interior
Heating Hot Water
Inclusions Building, Land
Fireplace No
Exterior
Parking Features None
Utilities Available Electric Common, Heating Common, Hot Water Common
Present Use Professional Service
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot
Foundation 1385
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Stucco
Schools
School District Minneapolis
Listed by Trevor Howat • eXp Realty