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Sold
$979,000  (list price)
$925,000
/mo Edit
Commercial:  Industrial/Warehouse
Built 1922
0.12 acres
Minneapolis schools
MLS# 5660412
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    Property Description

    MUST SEE Commercial Space FOR SALE. Fully updated building with retail space and office space, along with underground parking accessed by a garage on 20th Ave NE. Upper level (2375 sqft) includes: office space, conference room, kitchen, employee lounge, 2 bathrooms, reception area, and a covered rooftop deck. Main level (5370 sqft) includes: entry vestibule, reception area, the large open store area, and storage space. Lower level (5370 sqft) includes: 2 bathrooms, storage area, workshop area, and parking. Located on a high traffic street with lots of visibility. Main level has 12'5" ceilings. Upper level has 8'9" ceilings. Lower level has 8' to 9'4" ceilings. Building has 2 energy efficient furnaces to conserve energy. In 2012, K2 lighting on main level and LED light on upper level were installed for energy savings. If desired by buyer, seller willing to lease the upper upper level and lower level (not the main level) for $3, 000 per month for up to 5 years.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Industrial/Warehouse
    Zip Code: 55418
    Neighborhood/Area: Holland

    Interior

    Building Finished Area: 7,745 ft2
    Appliances Included:
    • Exhaust Fan
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    Total Ranges: One
    Total Refrigerators: One
    Basement Details:
    • Full
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Garage Spaces: 8
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 5,370 ft2
    Handicap Accessible: Other
    Shared Amenities: Deck
    Unit Amenities: Deck
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material:
    • Block
    • Brick/Stone
    • Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Flat

    Rooms

    Shared Rooms:
    • Business Center
    • Community Room
    • Media Room
    • Other

    Lot

    Acres: 0.12
    Geolocation: 45.00863600, -93.24777000
    Lot Dimensions: 43 x 123.33
    Dev/Complex Name: East Side Add
    Topography: Level
    Zoning: Business/Commercial
    Lot Description:
    • Irregular Lot
    • Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $15,725
    Assessment Pending: No
    Taxes w/ Assessments: $17,024

    Unit

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    • Professional/Office
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.