For Sale: Minneapolis MLS# 7148758
Active
$825,000
Commercial: Other
Built 1918
0.12 acres
Minneapolis schools
MLS# 7148758
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Rare opportunity to acquire a versatile 5-unit mixed-use property featuring two street-level retail spaces, two upper-level 2-bedroom apartments, and a large warehouse/garage ideal for storage, contractor use, or additional rental income. The main floor has been recently remodeled, and a new furnace was installed in 2023. Excellent visibility and street presence, with diversified income potential across residential, retail, and warehouse uses. Ideal for investors or owner-users seeking multiple revenue streams, flexible space, and future upside.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$825,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1918
State:
MN
Property Style:
Other
Zip Code:
55406
Neighborhood/Area:
34
Subdivision Name:
Confers Rgt Edgewood Add
Exterior
Garage Spaces:
3
Foundation Size:
1,760 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
44.934819, -93.223893
Inclusions:
Building
Lot Dimensions:
130 x 40
Zoning:
- Business/Commercial
- Other
- Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$14,404
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$14,404
Units
Total Units:
5
Miscellaneous
Current Use:
- Professional Service
- Residential
- Retail
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric 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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Zarabenny Real Estate LLC.
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.