For Sale: Minneapolis MLS# 7119638
Active
NEW!
$550,000
Commercial: 1 Story
1 br • 1 ba • Built 1911
0.11 acres
Minneapolis schools
MLS# 7119638
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Property Description
Completely renovated, turn-key commercial property offering exceptional office potential with extensive improvements inside and out.
The main level offers an excellent combination of large open work areas, multiple offices, providing flexibility for reception, individual offices, conference rooms, and other business needs.
Updated flooring, recessed lighting, new bathrooms and a clean contemporary design create a bright and professional environment throughout.
Major improvements extend well beyond cosmetic finishes, including new roof, new HVAC equipment, new plumbing, and a new electrical system.
The finished lower level provides substantial additional usable space, with separate entrances at both the front and rear of the building. It includes a bedroom with egress window, an additional office space, a kitchenette, and a bathroom, providing excellent separation and flexibility for a variety of business or office configurations.
Outside, the property features a fully fenced backyard with alley access, offering additional privacy, convenience, and usable exterior space.
This property presents an excellent opportunity to acquire a truly turn-key commercial building with substantial finished office space and a highly adaptable layout that is ready for immediate use.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1911
State:
MN
Property Style:
1 Story
Zip Code:
55407
Neighborhood/Area:
66
Subdivision Name:
Higgins 1st Add
Interior
Bedrooms:
1
Bathrooms:
1
Flooring:
Carpet
Basement Details:
- Egress Window(s)
- Finished
- Single Tenant Access
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Air Conditioning:
Central Air
Foundation Size:
1,500 ft2
Foundation Dimensions:
50x30
Fencing:
Full
Handicap Accessible:
Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Open
Road Frontage:
City Street
Exterior Material:
- Block
- Stone
Roof Details:
Flat
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.11
Geolocation:
44.924728, -93.262927
Inclusions:
Building
Lot Dimensions:
40 x 124
Zoning:
- Business/Commercial
- Residential-Single Family
Lot Description:
Cleared
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$8,213
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,213
Units
Total Units:
2
Miscellaneous
Current Use:
Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of National Realty Guild.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.