2759 Penn AVE N, Minneapolis, MN 55411 - MLS#6441087

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Chad Pederson

chad@pedersonrealty.com +1(612) 325-8745

$145,000

Est. payment - /mo

5,227 Sqft Lot

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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

Garage None

Utilities Available Electric Common, Heating Common, Hot Water Common

Present Use Professional Service

Parking Type None

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

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Listed by Trevor Howat • eXp Realty

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Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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