2759 Penn AVE N Active

Minneapolis,MN 55411

$ 145000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Penn Ave Add

MLS Listing ID 6441087

Year Built 1912

Annual Tax Amount $699

Tax Year 2023

Contingent None

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

Zoning Business/Commercial

Interior

Heating Hot Water

Inclusions Building,Land

Fireplace No

Exterior

Garage None

Utilities Available Electric Common,Heating Common,Hot Water Common

Present Use Professional Service

Building

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

Foundation 1385

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Stucco

Schools

School District Minneapolis

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