1802 11th Avenue S Minneapolis, MN $ 1,995,000
1802 11th Avenue S
$ 1,995,000
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1802 11th Avenue S

Minneapolis, MN, 55404
$ 1,995,000
Baths0.0 Sq 8,000

Monthly Estimate*

$ 13,936

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Studio

Commercial Property for sale in Minneapolis, MN

for $1,995,000. This 8,000 square foot building was built in 1902 on a lot size of 0.23.

One of a Kind upscale building constructed and contracted by the owner! This was 12 apartments which were gutted and made into 6, over the top units. Virtually a brand new building with a beautiful brownstone exterior. To see it is to love it! It is very close to US bank Stadium being the first building over the 11th Ave. Bridge just past Augustana. The entire top of the parking canopy has solar panels. Rents are low for these Class A Units. Could be good for a Group Home or Assisted Living or Supported Living. Could be ideal for an Owner Occupant to live for free and have the lessees pay off the building. Unit #4 was built for handicap. There is a platform lift to it for access. Comes Completely Furnished.

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Commercial Active

Price

$ 1,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,217

Style

Apartment

Lot Size

0.23

Year Built

1902

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6428729

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Appliances Dishwasher Dryer Exhaust Fan Microwave Range Refrigerator Stainless Steel Appliances Washer
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1902
Tenant Pays Cable TV Electricity Fuel
View City Lights
Topography Level
Levels Two
Property SubType Apartment
Tax Year 2023
Current Use Residential
Accessibility Partially Wheelchair
County Hennepin
Insurance Expense 8750
Property Type Commercial Sale
Association Amenities Common Garden Patio Security
Contingency None
Subdivision Name J S & W Elliots Add
Directions Near US Bank Stadium the first building over the 11th Ave Bridge.
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 6
Street Name 11th
Land Lease Y/N N
Tax Annual Amount 18217
Electric Expense 4800
Fuel Expense 3000
Trash Expense 2100
Water Sewer Expense 3000
Additional Parcels Y/N N
Days on Market 157
Standard Status Active
Lender Owned No
Amenities Unit City View Ethernet Wired In-Ground Sprinkler
Buyer Agent Compensation Type %
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Interior
Basement Finished Full
Basement (Y/N) Y
Street Suffix Avenue
Ceiling Height 8-10
Fuel Natural Gas
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Exterior
Parking Features Carport Covered Concrete Paved More Parking Offsite for Fee
Lot Features Public Transit (w/in 6 blks) Corner Lot Tree Coverage - Medium
Water Source City Water/Connected
Inclusions Building Fixture/Equipment Other
Lot Size Area 0.23
Building Area Total 8000
Lot Dimensions 150x68
Lot Size Units Square Feet
Foundation Area 2947
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Internal Only
Street Number 1 1802
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* Excluded Features
List By
Bridge Realty, Llc

Broker

steven11pierce@gmail.com

Email

Affordability Calculator

$15,454
Per Month
90%
10%
0%
Monthly Principal & Interest
$13,936
Monthly Property Taxes
$1,518
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2024$1,995,000 -9.32% Price Down
9/6/2023$2,200,000 Listed Price

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1802 11th Avenue S, Minneapolis, MN, 55404 is a Commercial Property for sale at $1,995,000 with 8,000 sqft and a lot size of 0.23. 1802 11th Avenue S is a studio with 0.0 baths and was built in 1902. The property's zip code is 55404 which is in Minneapolis, MN