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Listing 12 out of 1,205
$1,650,000 For Sale

4020 Minnehaha Avenue
Minneapolis, MN 55406

18 units |

lot: 0.55 acres
Commercial: Commercial - MLS# 5135649
Property Photo
1/22

Description

Nearly 19,000 sqfts of commercial office building, attached warehouse, and open parking lot. Building was rebuilt new in 2005 including the foundation, utilities, and cement floor. The roof was replaced in 2012 due to workmanship when installed in 2005. Great cash flow and investment property! Potential for higher revenue when other units are leased out. Sales includes building, warehouse, lease, and vacant parking lot. Two property IDs. Conveniently located by Hwy 55.

Features

  • Property Type: Commercial
  • Sub Type: Commercial
  • Listing Status: Active
  • County/Area: Hennepin County
  • Zip Code: 55406
  • Year Built: 2005
  • School District: 1 - Minneapolis
  • Units: 18 units
  • Lot Size: 0.55 acres
  • Accessibility: Elevator
  • Air Conditioning: Central
  • Amenities - Shared: Elevator(S), Other
  • Amenities - Unit: Skylight, Tiled Floors, Indoor Sprinklers, Other
  • Annual Gross Income: 142188.00
  • Annual Insurance Expense: 5984
  • Annual Maintenance Expen: 10000
  • Annual Net Income: 93459.00
  • Building Finished Square: 18975
  • Exterior: Wood, Stucco, Brick/Stone, Block
  • Foundation Size: 13175
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Lot Dimensions: 120x150
  • MLS ID: RMLS
  • Neighborhood: Hiawatha
  • Other Parking Spaces: 15
  • Parking Characteristics: Uncovered/Open, Other
  • Postal City: Minneapolis (Mn)
  • Road Frontage: City
  • Roof: Asphalt Shingles, Age 8 Years Or Less
  • Sale Includes: Building, Land, Leases
  • Sewer: City Sewer/Connected
  • Tenant Expenses: Taxes, Water/Sewer, Electric, Fuel
  • Water: City Water/Connected
  • Zoning: Business/Commercial
Courtesy of RE/MAX Results

Contact






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RE/MAX Elite 4037 W Broadway #204,
Robbinsdale, MN 55422
Office: 763-208-4212  sales@mnelite.com

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