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

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$145,000

Est. payment - /mo

5,227 SqFt

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UPDATED:

08/29/2024 05:49 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,227 sqft

Price per Sqft $27

Subdivision Penn Ave Add

MLS Listing ID 6441087

Year Built 1912

Annual Tax Amount $995

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

Community Penn Ave Add

Direction Southwest corner of 29th & Penn Ave N.

Interior

Heating Hot Water

Exterior

Parking Features None

Utilities Available Electric Common, Heating Common, Hot Water Common

Accessibility None

Building

Lot Description Corner Lot, Public Transit (w/in 6 blks)

Water City Water/Connected

Others

Senior Community No

Tax ID 0802924440166

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Listed by eXp Realty

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