$495,000
Minneapolis, MN 55407
MLS# 6519575
1 / 37
Property Description
Prime Mixed-Use Property at Historic Location. Discover the unique investment opportunity at the heart of George Floyd Square, a location rich in history and community significance. This mixed-use building offers a versatile layout with a commercial storefront and a residential unit. Retail space and unit are currently leased, providing a stable income. Street-facing storefront in a high-visibility area. The residential unit located on the upper level. Features 3 bds/2 bths & washer & dryer inside the unit. Ideal for investors looking for a mix-use property situated in a historic and culturally significant part of Minneapolis.
Details
Contract Information
Digitally Altered Photos: No
Status: Active
Current Price: $495,000
Contingency: None
ListPrice: 495000
List Date: 2024-04-28
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 2
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 1240
For Sale or Lease: For Sale
Acres: 0.06
Lot Dimensions: 21x122
Location, Tax and Other Information
Legal Description: LOT 027 BLOCK 004 CHICAGO AVE PARK N 21 25/100 FT
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District Phone: 612-668-0000
House Number: 3805
Street Name: Chicago
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Zip Plus 4: 2612
Property ID Number: 1102824210111
Complex/Dev/Subdivision: Chicago Ave Park
Tax Year: 2023
Tax Amount: 3239
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Prime Mixed-Use Property at Historic Location. Discover the unique investment opportunity at the heart of George Floyd Square, a location rich in history and community significance. This mixed-use building offers a versatile layout with a commercial storefront and a residential unit. Retail space and unit are currently leased, providing a stable income. Street-facing storefront in a high-visibility area. The residential unit located on the upper level. Features 3 bds/2 bths & washer & dryer inside the unit. Ideal for investors looking for a mix-use property situated in a historic and culturally significant part of Minneapolis.
Directions: Take 35W North to exit E 46th St., go East on 46th St. to Chicago Ave, Arrive at intersection E 38th St. and Chicago Ave, George Floyd Square
Assessments
Tax With Assessments: 3239
Building Information
Building Finished SqFt: 2850
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 11
Township#: 28
Sale Options
Sale Includes: Building, Land
Unit 3
No. of 3 Bedroom Units: 1
Unit Details
Total Units: 2
Property Features
Accessible: None
CMU Style: Apartments and Retail
Construction Status: Previously Owned
Current Use: Recreational; Residential
Exterior: Brick/Stone
Fuel: Natural Gas
Heating: Forced Air
On Site Utilities: Electric Separate; Heating Separate
Parking Characteristics: Driveway - Concrete
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: Realty Group LLC
Last Updated: May - 08 - 2024
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