Address
3805 Chicago Avenue, Minneapolis, MN
Price
$ 495,000
Property Attributes
  • ID#6519575
  • TypeCommercial
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaChicago Ave Park
  • NeighborhoodChicago Ave Park
  • Zip55407
  • StyleMixed Use
  • Year Built1910
  • Taxes$ 3239
  • Price$ 495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2850
  • Lot Size0.06 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Prime Mixed-Use Property at Historic Location. Discover the unique investment opportunity at the heart of George Floyd Square, a location rich in history and community significance. This mixed-use building offers a versatile layout with a commercial storefront and a residential unit. Retail space and unit are currently leased, providing a stable income. Street-facing storefront in a high-visibility area. The residential unit located on the upper level. Features 3 bds/2 bths & washer & dryer inside the unit. Ideal for investors looking for a mix-use property situated in a historic and culturally significant part of Minneapolis.

Price History
4/30/2024 Listed $495,000

General Features

Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate,Heating Separate
Construction Materials Brick/Stone
Year Built 1910
Property SubType Mixed Use
Tax Year 2023
Current Use Recreational,Residential
Accessibility None
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Chicago Ave Park
Directions Take 35W North to exit E 46th St.,go East on 46th St. to Chicago Ave,Arrive at intersection E 38th St. and Chicago Ave,George Floyd Square
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
Zoning Description Business/Commercial,Residential-Multi-Family
NumberOfUnitsTotal 2
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 3239
Additional Parcels Y/N No
Days on Market 2
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Minneapolis

Interior Features

Basement (Y/N) No
Fuel Natural Gas

Exterior Features

Parking Features Concrete
Water Source City Water/Connected
Inclusions Building,Land
Lot Size Area 0.06
Building Area Total 2850
Lot Dimensions 21x122
Foundation Area 1240

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55407

Price
AVG $550K
$500K
Taxes
AVG $6,564
$3,239
Visits
AVG 53
73
Data Provided by Inside Real Estate®
Year Built
AVG 1920
1910

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