3600 Fremont Avenue N Minneapolis, MN $ 3,150,000
3600 Fremont Avenue N
$ 3,150,000
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3600 Fremont Avenue N

Minneapolis, MN, 55412
$ 3,150,000
Baths0.0 Sq 30,000

Monthly Estimate*

$ 22,004

3600 Fremont Avenue N, Minneapolis, MN 55412 - Image 1
3600 Fremont Avenue N, Minneapolis, MN 55412 - Image 2
3600 Fremont Avenue N, Minneapolis, MN 55412 - Image 3
3600 Fremont Avenue N, Minneapolis, MN 55412 - Image 4
3600 Fremont Avenue N, Minneapolis, MN 55412 - Image 5
Studio

Commercial Property for sale in Minneapolis, MN

for $3,150,000. This 30,000 square foot building was built in 1962 on a lot size of 1.

This listing includes 5 apartment buildings, totaling 42 units, located at 3600 Fremont Ave N (16 units), 3501 Fremont Ave N (6 units), 3619 Fremont Ave N (5 units), 4134 Fremont Ave N (6 units) and 2407 West Broadway Ave (9 units). The properties consist of 5 Studios, 30 1BRs and 7 2BRs. There is a loan with a favorable interest rate, which can be assumed. The property on Broadway is in very close proximity to the planned Broadway station on the future LRT Blue Line expansion.

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Commercial Active

Price

$ 3,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 50,371

Style

Apartment,Low Rise

Lot Size

1

Year Built

1962

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6528994

Features
General
Sewer City Sewer/Connected
Heating Baseboard Boiler Hot Water
Cooling Wall Unit(s)
Utilities Electric Separate Heating Common Hot Water Common
Roof Flat Pitched
Appliances Range Refrigerator
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1962
Tenant Pays Electricity Gas Sewer Trash Collection
Property SubType Apartment Low Rise
Tax Year 2024
Current Use Residential
Gross Income 477000
Accessibility None
Additional Parcels Description 1702924110097 0402924430149
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Walton Park
Possible Use Investment
Directions Check with Google
City Minneapolis
Buyer Agent Compensation 1.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 42
Street Name Fremont
Land Lease Y/N N
Tax Annual Amount 50371
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Paved Unassigned
Water Source City Water/Connected
Inclusions Building
Lot Size Area 1
Building Area Total 30000
Lot Dimensions 40X90
Lot Size Units Acres
Foundation Area 10000
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
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Internal Only
Street Number 1 3600
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* Excluded Features
List By
Manarola Llc

Broker

alex@eigpm.com

Email

Affordability Calculator

$26,201
Per Month
84%
16%
0%
Monthly Principal & Interest
$22,004
Monthly Property Taxes
$4,198
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$3,150,000 Listed Price

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3600 Fremont Avenue N, Minneapolis, MN, 55412 is a Commercial Property for sale at $3,150,000 with 30,000 sqft and a lot size of 1. 3600 Fremont Avenue N is a studio with 0.0 baths and was built in 1962. The property's zip code is 55412 which is in Minneapolis, MN