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3805 Chicago Avenue Minneapolis, MN $ 495,000
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$ 495,000 Get more info
3805 Chicago Avenue
$ 495,000
Back to search
Share Save

3805 Chicago Avenue

Minneapolis, MN, 55407
$ 495,000
Baths0.0 Sq 2,850

Monthly Estimate*

$ 3,290

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Studio

Commercial Property for sale in Minneapolis, MN

for $495,000. This 2,850 square foot building was built in 1910 on a lot size of 0.06.

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.

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Commercial Active

Price

$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,239

Style

Mixed Use

Lot Size

0.06

Year Built

1910

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6519575
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate
Garage Spaces 0
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
Total Units 2
Street Name Chicago
Land Lease Y/N N
Tax Annual Amount 3239
Additional Parcels Y/N N
Days on Market 2
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Concrete
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.06
Building Area Total 2850
Lot Dimensions 21x122
Lot Size Units Acres
Foundation Area 1240
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
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Internal Only
Street Number 1 3805
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* Excluded Features
List By
Realty Group Llc

Broker

danelyquiroz@gmail.com

Email

Affordability Calculator

$3,560
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,290
Monthly Property Taxes
$270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2024$495,000 Listed Price

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3805 Chicago Avenue, Minneapolis, MN, 55407 is a Commercial Property for sale at $495,000 with 2,850 sqft and a lot size of 0.06. 3805 Chicago Avenue is a studio with 0.0 baths and was built in 1910. The property's zip code is 55407 which is in Minneapolis, MN

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