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Property Attributes
- ID#6534066
- TypeCommercial
- CountyHENNEPIN
- CityMinneapolis
- AreaOak Park Add
- NeighborhoodOak Park Add
- Zip55411
- Style
- Price$ 5,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage17117
- Lot Size0.37 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
This is a great opportunity for a community developer to work in the Near North community of Minneapolis. The property is located in federally recognized Opportunity and Promise Zones. The property consists of 8 contiguous lots from Oliver to Newton Ave N with a total of 42,669 SF that is .97% of an acre. The building was built in 1926 and is historically designated by the city of Minneapolis. The lower level has a number of walk-in coolers and freezers that were used previously for food distribution. The property is is centrally located less than 1 mile from Target Field and the North Loop. This is a great opportunity for a developer with nearly an acre of land and a beautiful historic building to develop in Minneapolis. This is a Community Development project waiting for the right developer-You!
Price History | |
---|---|
5/14/2024 | Listed $5,400,000 |
General Features
Sewer | City Sewer/Connected |
---|---|
Heating | Forced Air |
Utilities | Electric Common,Hot Water Common |
Roof | Age Over 8 Years,Asphalt,Flat,Pitched |
Garage Spaces | 3 |
Construction Materials | Brick/Stone |
Year Built | 1926 |
Topography | Level |
Levels | Three Or More |
Tax Year | 2024 |
Current Use | Church,Event Space,Food Service,Office |
Accessibility | Doors 36 + |
County | Hennepin |
Property Type | Commercial Sale |
Contingency | None |
Subdivision Name | Oak Park Add |
Possible Use | Office,Professional Service,Restaurant,Retail |
Directions | From the intersection of Highway 55 and Penn Go 2 blocks N from Olson Memorial-Highway 55 then 1 block E of Penn Ave to Oliver behind Lincoln School. |
City | Minneapolis |
Buyer Agent Compensation | 2.50 |
High School District | Minneapolis |
Zoning Description | Residential-Single Family |
NumberOfUnitsTotal | 1 |
Lot Size Units | Acres |
Land Lease Y/N | No |
Additional Parcels Y/N | No |
Days on Market | 18 |
Standard Status | Active |
Lender Owned | No |
Buyer Agent Compensation Type | % |
PostalCity | Minneapolis |
Interior Features
Basement (Y/N) | No |
---|---|
Ceiling Height | Varied Heights |
Foundation Dimensions | 65 x 90 & 56 x 56 |
Fuel | Natural Gas |
Exterior Features
Parking Features | Detached,Asphalt,Electric,Parking Lot |
---|---|
Lot Features | Corner Lot,Tree Coverage - Medium |
Water Source | City Water/Connected |
Inclusions | Building,Business Assets,Fixture/Equipment,Land |
Lot Size Area | 0.37 |
Building Area Total | 17117 |
Lot Dimensions | 42,669 or .97% Acre Total |
Foundation Area | 9014 |
Road Frontage Type | City Street |
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