224 Cedar Lake Road S Minneapolis, MN 55405

$1,460,000
224 Cedar Lake Road S, Minneapolis, MN 55405
4911010

Commercial Property for sale in Minneapolis, MN

for $1,460,000. This building was built in 1926 on a lot size of 192x180.

Property Information

  • $1,460,000
  • Commercial
  • Taxes are $23,952
  • Business
  • Active
  • Lot size of 192x180
  • Built in 1926
  • Minneapolis, MN
  • Bryn-Mawr Neighborhood
  • Hennepin County
  • MLS/Web ID is 4911010

Description

224-230 Cedar Lake Rd S is located in the desirable neighborhood of Bryn Mawr within the Calhoun-Isles community directly west of downtown Minneapolis. This property has a strong mix of tenants with a rare vacancy of approximately 1, 000 sf coming available Oct 1, 2018, making it a great opportunity for an owner/user or investor. Tenants include La Mesa Restaurant, Prestige Salon and Vivid Interiors.

Interior 4

Heating Source

  • Natural Gas

Heating System

  • Forced Air

Sewer

  • City Sewer

Water Source

  • City Water

Exterior 2

Parking

  • Open Parking
  • Parking Spaces - multiple

Siding

  • Brick

Miscellaneous 2

Accessibility

  • No Step Entry
  • Single Level Living

Commercial

  • Sale Includes Building
  • Sale Includes Land

† Excluded Feature

Neighborhood & Schools

School District: 1 - Minneapolis

Listed By

Broker: CHRISTIANSON & COMPANY

224 Cedar Lake Road S, Minneapolis, MN, 55405 is a Commercial Property for sale at $1,460,000 with a lot size of 192x180. 224 Cedar Lake Road S has 0.0 baths and was built in 1926. The property's zip code is 55405 which is in Minneapolis, MN

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Market Pricing

Average % of sale price Median % of sale price
All listings in Minneapolis $452,731 69 % below $309,250 79 % below
Commerical listings in Minneapolis $880,704 40 % below $549,900 62 % below

Get the facts about Minneapolis, MN!

Population 404,352
Population Growth (since 2000) 6 %
Median Income $51,945
Median Age 33.67
Households w/ Children 22 %

Residential Dwellings

  • Owned 87539
  • Vacant 14609
  • Rented 86598

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