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241 Fremont Avenue N Minneapolis, MN $ 3,500,000
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$ 3,500,000 Get more info
241 Fremont Avenue N
$ 3,500,000
Back to search
Share Save

241 Fremont Avenue N

Minneapolis, MN, 55405
$ 3,500,000
Baths0.0 Sq 25,000

Monthly Estimate*

$ 24,449

241 Fremont Avenue N, Minneapolis, MN 55405 - Image 1
241 Fremont Avenue N, Minneapolis, MN 55405 - Image 2
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241 Fremont Avenue N, Minneapolis, MN 55405 - Image 4
241 Fremont Avenue N, Minneapolis, MN 55405 - Image 5
241 Fremont Avenue N, Minneapolis, MN 55405 - Image 6
241 Fremont Avenue N, Minneapolis, MN 55405 - Image 7
241 Fremont Avenue N, Minneapolis, MN 55405 - Image 8
241 Fremont Avenue N, Minneapolis, MN 55405 - Image 9
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241 Fremont Avenue N, Minneapolis, MN 55405 - Image 11
241 Fremont Avenue N, Minneapolis, MN 55405 - Image 12
Studio

Commercial Property for sale in Minneapolis, MN

for $3,500,000. This 25,000 square foot building was built in 1960 on a lot size of 1.26.

Rare opportunity for a multi-tenant industrial asset in the heart of the Harrison neighborhood in Minneapolis. Located in a qualified opportunity zone, this building has in-place income from an existing 10,000 SF tenant. Owner/occupy or lease out the 15,000 SF vacancy on the southern end of the building, that was most recently a distillery. Over $1m in improvements made in 2017-2018 including new roof, HVAC, sprinklers and substantial interior improvements.

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Commercial Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 60,360

Style

Industrial

Lot Size

1.26

Year Built

1960

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6478315
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Construction Materials Block
Year Built 1960
Property SubType Industrial
Tax Year 2023
Current Use Commercial Food Service Manufacturing
Accessibility Fully Wheelchair
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Croffuts Add
Possible Use Office Professional Service Rest/Lounge Restaurant Retail Wholesale Operation Investment Industrial Bar/Tavern
Directions Take 394 east head north on van white boulevard building is on the left before Glenwood Ave
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
Zoning Description Industrial
Total Units 2
Street Name Fremont
Land Lease Y/N N
Tax Annual Amount 60360
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Asphalt Parking Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 1.26
Building Area Total 25000
Lot Dimensions 345 x 170
Lot Size Units Acres
Foundation Area 25000
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
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Internal Only
Street Number 1 241
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* Excluded Features
List By
Gold Group Realty, Llc

Broker

aaron@thegold.group

Email

Affordability Calculator

$29,479
Per Month
83%
17%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$5,030
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/17/2024$3,500,000 Listed Price

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241 Fremont Avenue N, Minneapolis, MN, 55405 is a Commercial Property for sale at $3,500,000 with 25,000 sqft and a lot size of 1.26. 241 Fremont Avenue N is a studio with 0.0 baths and was built in 1960. The property's zip code is 55405 which is in Minneapolis, MN

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