3501 Penn Avenue N,Minneapolis, MN 55412
Minneapolis, MN 55412
Description
Fully occupied commercial investment opportunity in North Minneapolis. This property is in good condition with existing tenants already in place,offering an investor the opportunity to acquire an occupied income-producing asset. Put your money to work with a property where tenant income canhelp offset ownership costs while you build equity over time. Seller is also offering additional nearby properties, providing an opportunity to acquiremultiple assets along the Penn Avenue corridor.
Details
| MLS # | 7153508 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 33 |
| Listing Provided By | LPT Realty, LLC | Anthony Macon |
Features
| Units | 4 |
|---|---|
| Zoning | Business/Commercial |
| Acreage | 0.18 |
Interior
| Heating | Forced Air |
|---|
Parking
| Parking Features | On-Street Parking Only |
|---|
Utilities
| Utilities | Electric Separate |
|---|
Taxes
| Property | 8116 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55412 |
| Area | 12 |
| Community Name | Utopia |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Utopia) | |
Price: $228,000 low | high Med: $215,000 On site: 33 low | high Med: 21 | |
Market Activity 55412
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55412 |
| Area | 12 |
| Community Name | Utopia |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Utopia) | |
Price: $228,000 low | high Med: $215,000 On site: 33 low | high Med: 21 | |
