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!
MLS# | 6441087 |
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Listing Type | For Sale |
Style | Other Business Opportunity |
Sub-Type | Resale |
Status | Active |
Year | 1912 |
Days On Site | 408 |
Listing Provided By | eXp Realty | Trevor Howat |
SQ Feet | 1,385 |
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Units | 2 |
Zoning | Business/Commercial |
Acreage | 0.12 |
State | MN |
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County | Hennepin |
City | Minneapolis |
Zip Code | 55411 |
Area | Jordan |
Community Name | Penn Ave Add |
School District | 1 |
Listing VS Median (in Penn Ave Add) | |
Price: $145,000 low | high Med: $192,450 SqFt: 1,385 low | high Med: 1,507 $ / SqFt: $105 low | high Med: $127 On Site: 408 low | high Med: 34.500000 |