2759 Penn Avenue N Minneapolis, MN $ 149,900
2759 Penn Avenue N
$ 149,900
Share Save

2759 Penn Avenue N

Minneapolis, MN, 55411
$ 149,900
Baths0.0 Sq 1,385

Monthly Estimate*

$ 1,047

2759 Penn Avenue N, Minneapolis, MN 55411 - Image 1
2759 Penn Avenue N, Minneapolis, MN 55411 - Image 2
2759 Penn Avenue N, Minneapolis, MN 55411 - Image 3
Studio

Commercial Property for sale in Minneapolis, MN

for $149,900. This 1,385 square foot building was built in 1912 on a lot size of 0.12.

Commercial mixed use building at a great location! Corner of 29th & Penn with tons of traffic exposure. This would make a great spot for office, shop, retail, or mixed-use with apartment + business. Lot extends to alley with enough room to build a garage or add some parking. ZONE C1 - Neighborhood Commercial District allows many uses. Currently has 3 rooms street side for business/office use + kitchen & full bathroom. Back of building includes 2bedroom apartment with kitchen & full bathroom. Projected ARV rents for current set up = $2500/month total. C1 Zoning offers a multitude of options if building new. Neighboring lot to South is vacant and possibly for sale. Opportunity knocks!

See more

Commercial Active

Price

$ 149,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 699

Style

Business

Lot Size

0.12

Year Built

1912

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6441087

Features
General
Sewer City Sewer/Connected
Heating Hot Water
Utilities Electric Common Heating Common Hot Water Common
Garage Spaces 0
Construction Materials Stucco
Year Built 1912
Property SubType Business
Tax Year 2023
Current Use Professional Service
Accessibility None
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Penn Ave Add
Directions Southwest corner of 29th & Penn Ave N.
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
Zoning Description Business/Commercial
Total Units 2
Street Name Penn
Land Lease Y/N N
Tax Annual Amount 699
Additional Parcels Y/N N
Days on Market 39
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
See more
Exterior
Parking Features None
Lot Features Public Transit (w/in 6 blks) Corner Lot
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.12
Building Area Total 1385
Lot Dimensions 40x127
Lot Size Units Acres
Foundation Area 1385
See more
Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
Garage Dimensions 0
See more
Internal Only
Street Number 1 2759
See more
* Excluded Features
List By
Exp Realty

Broker

trevor@mnsold.net

Email

Affordability Calculator

$1,105
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,047
Monthly Property Taxes
$58
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

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
9/28/2023$149,900 Listed Price

Map


See all

2759 Penn Avenue N, Minneapolis, MN, 55411 is a Commercial Property for sale at $149,900 with 1,385 sqft and a lot size of 0.12. 2759 Penn Avenue N is a studio with 0.0 baths and was built in 1912. The property's zip code is 55411 which is in Minneapolis, MN