Properties
Listing ID6113840
Price$3,550,000
StatusActive
Acres
0.130
CountyHennepin
SubdivisionExcelsior Add
Year Built1900
Property TypeCommercial Sale
Price Reduction - The property consists of two parcels, one featuring apartments and retail/restaurants encompassing 18,703 SF with 2 occupied restaurants, 1 occupied retail space, and 6 occupied apartment units (1, 2 and 3-bedroom apartments) as well as a Billboard.
The other parcel features a large outdoor patio and parking lot (7 spaces) with 5,243 SF.
The property is available for the first time in over 30 years. The property is 95% occupied featuring a beautiful brick exterior, patio, 2 full-service restaurants along with 2 full commercial kitchens.
The restaurants, apartments, and retail feature very tall ceilings and windows throughout. The restaurants and retail spaces have been completely updated. The property has been well maintained and had a new roof installed in 2019. The property is situated in an Opportunity Zone.
County
Hennepin
Price Reduction Date
2023-06-12T21:21:42+00:00
Property Type
Commercial Sale
Subdivision
Excelsior Add
Year Built
1900
Heating
Forced Air
Number Of Units Total
10
Construction Materials
Brick/Stone
Foundation Area
6234
Fuel
Natural Gas
Garage Spaces
7
Lot Size Dimensions
.12
Lot Size Units
Acres
Neighborhood
Whittier
Parking Features
Detached, Other
Parking Open
7
Sewer
City Sewer - In Street
Utilities
Electric Separate, Heating Separate, Hot Water Separate
Water Source
City Water - In Street
High School District
Minneapolis
Postal City
Minneapolis
Public Survey Range
24
Public Survey Section
34
Public Survey Township
29
School District Number
1
Zoning Description
Business/Commercial,Residential-Multi-Family
Accessibility Features
Other
Current Use
Professional/Office, Food Service, Restaurant
Rental License
no
Contingency
None
Inclusions
Building,Land,Leases
Tax Annual Amount
66900
Tax With Assessments
66899.7000
Tax Year
2023
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