Address
2717 Hennepin Avenue Minneapolis, MN
Price
$ 579,000
Property Attributes
  • ML#4688161
  • TypeContingent
  • CountyHENNEPIN
  • CityMinneapolis
  • NeighborhoodLowry Hill East
  • Zip55408
  • StyleApartments and Retail,Retail/Shopping Center,Low R
  • Year Built1904
  • Taxes22456
  • Price$ 579,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4156
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Coldwell Banker Realty
Property Description

Rare opportunity for owner occupant or investor. Four levels of retail, office or apartment space in prime Uptown location. Building currently leased for coffee shop, retail business, office/shop space and residential. Convert to apartments or maintain mixed/commercial use. Lower level can be converted to an efficiency apartment to create additional revenue stream. Superb location, many updates inside and out.

Price History
3/10/2016 Listed $750,000
2/15/2019 10% - $675,000
4/17/2019 8% - $625,000
4/6/2020 8% - $579,000

General Features

Annual Gross Income 66000.00
Contingency Inspection
Cumulative Days on Market 1534
Handicap Accessible None
Municipality Minneapolis
Neighborhood Lowry Hill East
Potential Short Sale No
Property Type CMU
School District 1 - Minneapolis
Status Active
Tax Year 2020
Total Number of Units 3
Year Built 1904
Zoning Residential-Multi-Family, Business/Commercial

Interior Features

Fuel Natural Gas
Heating Hot Water
Number Of 1 Bedroom Unit 1
Utilities Heating Separate

Exterior Features

Lender Owned No
Sale Includes Building, Land, Leases
Acres 0.150
Building Finished Square 4156
Exterior Wood
Foundation Size 1352
Road Frontage Paved Streets, Curbs, Sidewalks
Sewer City Sewer/Connected, City Sewer - In Street
Water City Water/Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55408

Price
AVG $490K
$580K
Taxes
AVG $8,111
$22,456
Year Built
AVG 1920
1904

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