For Sale: Minneapolis MLS# 6758520
Active
NEW!
$1,240,000
Commercial: Other
Built 1937
0.24 acres
Minneapolis schools
MLS# 6758520
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Property Description
Stand-alone office building centrally located at the top of a hill on a corner lot in Camden neighborhood. Fantastic signage opportunity for an owner, or tenant. Close to major employers, highways, downtown, housing, and public transportation. Previously operating as a two-story office building with 18 offices and three off street parking Plus 13 car parking lot as a separate parcel. Zoned commercial with add-on, or development. Ample windows providing for radiant natural light creating a warm and inviting work environment. Four bathrooms, kitchens on both floors, and four large meetings rooms. The property is currently set up for a single user. A rare opportunity to acquire a creative and flexible office building well suited to a range of users.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,240,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1937
State:
MN
Property Style:
Other
Zip Code:
55412
Neighborhood/Area:
Webber - Camden
Subdivision Name:
Wiethoffs Rgt
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
12
Air Conditioning:
Central Air
Foundation Size:
2,400 ft2
Handicap Accessible:
Partially Wheelchair
Heating System:
Forced Air
Parking Features:
Parking Lot
Exterior Material:
- Brick/Stone
- Vinyl Siding
Lot & Land
Acres:
0.24
Geolocation:
45.031783, -93.28958
Inclusions:
Building, Land, Other
Lot Dimensions:
04-029-24-11-0051, 04-029-24-11-0068
Zoning:
- Business/Commercial
- Other
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Gross Expense:
$13,100
Tenant Expenses:
All Utilities, Insurance, Grounds Care, Snow Removal
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$13,878
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$13,878
Income
Annual Gross Income:
$107,100
Rent
Annual Net Income:
$94,000
Units
Total Units:
2
Miscellaneous
Current Use:
- Commercial
- Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Gramercy Real Estate Group.
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.