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2641 Girard Avenue S Minneapolis, MN $ 1,525,000
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$ 1,525,000 Get more info
2641 Girard Avenue S
$ 1,525,000
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2641 Girard Avenue S

Minneapolis, MN, 55408
$ 1,525,000
Baths0.0 Sq 10,800

Monthly Estimate*

$ 10,653

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Studio

Commercial Property for sale in Minneapolis, MN

for $1,525,000. This 10,800 square foot building was built in 1910 on a lot size of 0.14.

Price Reduced! Fully leased with a 7.7% Cap Rate! Several units were just renovated. Bring all offers to this 7-Unit Multifamily Building For Sale near the Lakes in South Minneapolis! Renovated & huge 3+ bedroom, 1,300+ square foot units. Beautiful hardwood floors, 3 season porches, exposed brick & great natural light throughout. Rear room off the kitchen could be a 4th bedroom, dining room, or office. One legal and large garden level unit. Total building size of about 10,800 square feet. Tenants pay all utilities and each unit has new separately metered high efficiency gas boilers for hot water baseboard heat. 5 off-street parking stalls for additional income.

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Commercial Active

Price

$ 1,525,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,359

Style

Apartment,Low Rise

Lot Size

0.14

Year Built

1910

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6498349
Features
General
Sewer City Sewer/Connected
Heating Boiler
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1910
Tenant Pays All Utilities
Property SubType Apartment Low Rise
Tax Year 2024
Current Use Commercial Residential
Accessibility None
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Kings Add
Directions Girard Avenue South just off Hennepin Avenue between W 26th Street and W 27th Street.
City Minneapolis
Buyer Agent Compensation 2.00
High School District Minneapolis
Zoning Description Business/Commercial Residential-Multi-Family
Total Units 7
Street Name Girard
Land Lease Y/N N
Tax Annual Amount 21359
Additional Parcels Y/N N
Days on Market 43
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Partially Finished
Basement (Y/N) Y
Street Suffix Avenue
Fuel Natural Gas
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Exterior
Parking Features Paved Open
Water Source City Water/Connected
Inclusions Building Land Leases
Lot Size Area 0.14
Building Area Total 10800
Lot Dimensions 47x129
Lot Size Units Acres
Foundation Area 2700
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Internal Only
Street Number 1 2641
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* Excluded Features
List By
Re/Max Results

Broker

mark@resultscommercial.com

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Affordability Calculator

$12,432
Per Month
86%
14%
0%
Monthly Principal & Interest
$10,653
Monthly Property Taxes
$1,780
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!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2024$1,525,000 -4.09% Price Down
3/4/2024$1,590,000 Listed Price

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2641 Girard Avenue S, Minneapolis, MN, 55408 is a Commercial Property for sale at $1,525,000 with 10,800 sqft and a lot size of 0.14. 2641 Girard Avenue S is a studio with 0.0 baths and was built in 1910. The property's zip code is 55408 which is in Minneapolis, MN

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