Back to search
2020 E Franklin Avenue Minneapolis, MN $ 1,899,900
Share Save
$ 1,899,900 Get more info
2020 E Franklin Avenue
$ 1,899,900
Back to search
Share Save

2020 E Franklin Avenue

Minneapolis, MN, 55404
$ 1,899,900
Bedrooms-- Baths-- Sq 20,400

Monthly Estimate*

$ 13,122

2020 E Franklin Avenue, Minneapolis, MN 55404 - Image 1
2020 E Franklin Avenue, Minneapolis, MN 55404 - Image 2
2020 E Franklin Avenue, Minneapolis, MN 55404 - Image 3
2020 E Franklin Avenue, Minneapolis, MN 55404 - Image 4
2020 E Franklin Avenue, Minneapolis, MN 55404 - Image 5
2020 E Franklin Avenue, Minneapolis, MN 55404 - Image 6

Commercial Property for sale in Minneapolis, MN

for $1,899,900. This 20,400 square foot building was built in 1916 on a lot size of 0.41.
Commercial Active

Price

$ 1,899,900

Property Type

Commercial

Taxes

$ 34,921

Style

Lot Size

0.41

Year Built

1916

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6724331
Features
General
Sewer City Sewer/Connected
Heating Boiler Radiator
Cooling Window Unit(s)
Utilities Electric Separate Heating Separate Hot Water Separate
Appliances Freezer Range Refrigerator
Garage Spaces 0
Year Built 1916
Tenant Pays Electricity Gas
Tax Year 2024
Current Use Residential
Gross Income 254400
Accessibility None
County Hennepin
Net Operating Income 86400
Operating Expense 168000
Insurance Expense 18000
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 10000
Subdivision Name Murphys Add
Directions 94 to Riverside Exit. Go S on 26th to E Franklin. Go W on East Franklin to 21st Ave S. Property is NW corner of E Franklin and 21st Ave S.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 16
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 34921
Electric Expense 1000
Fuel Expense 1000
Trash Expense 2500
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
See more
Exterior
Parking Features Asphalt Parking Lot Paved Lot Open
Water Source City Water/Connected
Inclusions Other
Lot Size Area 0.41
Building Area Total 20400
Lot Dimensions 165 X 107
Waterfront Y/N N
Foundation Area 1700
See more
Interior
Basement (Y/N) N
Foundation Dimensions 35*48
Fuel Natural Gas
Garage Dimensions 0
Garage Door Width 0
Garage Square Feet 0
See more
Internal Only
Street Number 1 2020
See more
* Excluded Features
List By
Nai Gateway Commercial

Broker

patrick@naigateway.com

Email

Affordability Calculator

$16,032
Per Month
82%
18%
0%
Monthly Principal & Interest
$13,122
Monthly Property Taxes
$2,910
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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! What's my home worth?
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/3/2025$1,899,900 -5.00% Price Down
5/20/2025$1,999,900 Listed Price

Map

More homes like this one

homes for you

See all
See all

2020 E Franklin Avenue, Minneapolis, MN, 55404 is a Commercial Property for sale at $1,899,900 with 20,400 sqft and a lot size of 0.41. 2020 E Franklin Avenue was built in 1916. The property's zip code is 55404 which is in Minneapolis, MN

Get more info