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Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Business,Office,Warehouse
Listing Status Sold
Purchase Type For Sale
Subdivision Palmers Add
MLS Listing ID 6425620
Sold Date 09/29/23
Year Built 1968
Annual Tax Amount $23,533
Tax Year 2023
Contingent None
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 80x150
Property Description
Welcome to an exciting investment opportunity in this Industrial Mixed-Use property! Located in a prime location between Minnehaha and West River Pkwy just minutes from Highland Park. A concrete building in excellent condition with two operating businesses with over 8,000 sf and parking lot. On one side, you'll find a spacious workshop, warehouse, tandem garage all with three-phase electric service perfect for industrial or craftsman applications. Multiple office spaces, 2 baths, shower, and ample storage. The mechanical business has existed for 20 years and is relocating perfect for an owner-occupied opportunity. Adjacent is a fully renovated day care center with multiple classroom spaces that cater to different age groups. The center boasts 3 modern baths and a kitchen, designed to meet the highest industry standards for safety and functionality. Unlock your investment potential while providing valuable services to the community. It is a one-of-a-kind opportunity.
Location
State MN
County Hennepin
Zoning Business/Commercial
Rooms
Basement None
Interior
Heating Ductless Mini-Split, Forced Air, Other
Cooling Central Air, Ductless Mini-Split
Fireplace No
Appliance Dryer, Refrigerator, Washer
Exterior
Garage Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Lot, Paved, Tandem
Garage Spaces 1.0
Utilities Available Electric Separate, Hot Water Separate
Roof Type Age Over 8 Years
Present Use Commercial,Professional Service,Warehouse
Building
Lot Description Public Transit (w/in 6 blks)
Story One
Foundation 8014
Sewer City Sewer/Connected
Water City Water/Connected, Shared System
Level or Stories One
Structure Type Brick/Stone
Schools
School District Minneapolis
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