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$105,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Subdivision Penn Ave Add
MLS Listing ID 7006652
Year Built 1912
Annual Tax Amount $488
Tax Year 2025
Contingent None
Lot Size 5,227 Sqft
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 2bedrooms apartment with kitchen & full bathroom. Projected ARV rents for current set up = $3000/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 On-Street Parking Only
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Flat
Present Use Professional/Office,Professional Service,Residential,Retail
Building
Lot Description Corner Lot
Foundation 1385
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Minneapolis
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Listed by Trevor Howat • eXp Realty
NEARBY SCHOOLS & PROPERTIES
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