$104.69 Per Sq Foot $778 est/mo Sourced by Back At You

2759 Penn Avenue,Minneapolis, MN 55411

Minneapolis MN, 55411

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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!

Details

MLS#6441087
Listing TypeFor Sale
StyleOther Business Opportunity
Sub-TypeResale
StatusActive
Year1912
Days On Site295
Listing Provided ByeXp Realty | Trevor Howat
Buying Commision2.50%

Features

SQ Feet1,385
Units2
ZoningBusiness/Commercial
Acreage0.12

Market Activity 55411

 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of July 19, 2024 at 11:37:50 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 3 minutes ago
StateMN
CountyHennepin
CityMinneapolis
Zip Code55411
AreaJordan
Community NamePenn Ave Add
School District1
Listing VS Median (in Penn Ave Add)
Price:
$145,000
low | high
Med:
$209,950
5.206896551724% of Average
SqFt:
1,385
low | high
Med:
1,408
48.339350180505% of Average
$ / SqFt:
$105
low | high
Med:
$151
5.763572340567% of Average
On Site:
295
low | high
Med:
61.500000
100% of Average
Sourced by Back At You
Listing Updated: July 19, 2024 at 12:59:28 PM PDT