1724 Lowry Avenue N Minneapolis, MN ^$ 524,900

1724 Lowry Avenue N

^$ 524,900

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1724 Lowry Avenue N

Minneapolis, MN, 55411

^$ 524,900

Bedrooms-- Baths-- Sq 3,250

Monthly Estimate*

^$ 3,144

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Commercial Property for sale in Minneapolis, MN

for $524,900. This 3,250 square foot building was built in 1941 on a lot size of 0.24.

Excellent opportunity to open your restaurant in a convenient location with parking. The dining room, bathrooms. were recently updated. HVAC System and Roof recently done 2012. Sale includes many restaurant equipment, tables, chairs. The exhaust hood is 21x5. The Walk in Cooler is 8x14. Large prep station. Large open dining area for your restaurant creativity or any other business ventures.

Commercial Active

Price

^$ 524,900

Property Type

Commercial

Taxes

^$ 12,367

Style

Lot Size

0.24

Year Built

1941

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6615040

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Common Heating Common

Roof Age Over 8 Years Flat

Garage Spaces 0

Construction Materials Brick/Stone Stucco

Year Built 1941

Levels One

Tax Year 2024

Current Use Restaurant

Accessibility Fully Wheelchair

County Hennepin

Property Type Commercial Sale

Contingency None

Subdivision Name Sylvan Park Add

Possible Use Other Restaurant Retail

Directions FROM I-94 WEST ON DOWLING SOUTH ON FREMONT WEST ON LOWRY

City Minneapolis

High School District Minneapolis

Zoning Description Business/Commercial

NumberOfUnitsTotal 1

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 12367

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Block Drain Tiled Full Sump Pump

Basement (Y/N) Y

Ceiling Height 8-10

Foundation Dimensions 50X65

Fuel Natural Gas

Exterior

Parking Features Parking Lot

Lot Features Public Transit (w/in 6 blks) Corner Lot Tree Coverage - Light

Water Source City Water/Connected

Inclusions Building Fixture/Equipment

Lot Size Area 0.24

Building Area Total 3250

Lot Dimensions 90X113

Foundation Area 3250

Road Frontage Type City Street

Internal Only

Street Number 1 1724

* Excluded Features

List By

Realty Executive Associates

Broker

tomyangrealtor@gmail.com

Affordability Calculator

$4,174

Per Month

Monthly Principal & Interest: $3,144
Monthly Property Taxes: $1,031
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% 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

Trends
Schools

Commerical listings in Minneapolis, MN

Average List Price ^$1,095,733

Percent of Sale Price 109%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/17/2025	$524,900	-4.55%	Price Down
11/11/2024	$549,900	-8.20%	Price Down
10/8/2024	$599,000		Listed Price

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1724 Lowry Avenue N, Minneapolis, MN, 55411 is a Commercial Property for sale at $524,900 with 3,250 sqft and a lot size of 0.24. 1724 Lowry Avenue N was built in 1941. The property's zip code is 55411 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/23/2025.

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1724 Lowry Avenue N

Commercial Property for sale in Minneapolis, MN

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