For Sale: Minneapolis MLS# 7059732
Active
NEW!
$750,000
Commercial: 2 Stories
2 br • 2 ba • Built 1905
0.11 acres
Minneapolis schools
MLS# 7059732
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Property Description
The main level offers 1, 365 square feet, providing four offices, a reception area/bullpen, a kitchenette, and a bathroom. Additionally, there is 1, 400 square feet of dry basement storage space, perfect for extra inventory or supplies. The property is located just two blocks from Lake Bde Maka Ska. The upper level Apartment features a two-bedroom apartment with 1, 300 square feet of living space, complemented by an approximately 600-square-foot deck. Residents can enjoy a wonderful view from the deck. The property boasts excellent visibility on Irving and 31st Street, with corner-facing
signage. The heated garage accommodates two large utility vans, and the lot provides parking for up to eight vehicles. Located on a bus line, this property is an ideal choice for small businesses such as
attorney, therapy, accountant, mortgage, insurance, construction, or cleaning companies. Businesses can benefit from income generated by the apartment or utilize the space for live/work purposes.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$750,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1905
State:
MN
Property Style:
2 Stories
Zip Code:
55408
Neighborhood/Area:
23
Subdivision Name:
Calhoun Park
Interior
Bedrooms:
2
Bathrooms:
2
Ceiling Height:
8-10
Flooring:
Carpet
Refrigerators:
Two
Appliances Included:
- Dishwasher
- Dryer
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Washer
Basement Details:
- Full
- Owner Access
- Single Tenant Access
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
23x21
Garage Size:
483 ft2
Garage Door Height:
8
Garage Door Width:
16
Air Conditioning:
Central Air, Window Unit(s)
Foundation Size:
1,411 ft2
Handicap Accessible:
Grab Bars In Bathroom, Door Lever Handles, Partially Wheelchair
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Asphalt
- Assigned
- Attached Garage
- Electric
- Finished Garage
- Floor Drain
- Garage Door Opener
- Heated Garage
- Insulated Garage
- Parking Lot
- Paved Lot
- Secured
- Storage
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Roof Details:
- Age Over 8 Years
- Flat
- Rubber
Lot & Land
Acres:
0.11
Geolocation:
44.946426, -93.301705
Inclusions:
Building, Leases, Rental License
Lot Dimensions:
44 x 128
Addl Parcels:
0402824210123
Zoning:
- Business/Commercial
- Residential-Multi-Family
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
1
District Phone:
6126680000
Expenses
Tenant Expenses:
Cable TV, Insurance, Telephone, Security, Trash Collection
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$15,037
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$15,037
Income
Annual Gross Income:
$55,092
Units
Total Units:
2
Miscellaneous
Current Use:
- Commercial
- Office
- Residential
Fuel System:
- Electric
- Natural Gas
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
- City Water - In Street
- City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Realty Integrity Lakes.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.