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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 (33.4 ftsX 42.4 fts & 19 fts ceiling) & open parking lot. Building was rebuilt new in 2005 including the foundation, utilities, & cement floor. The roof was replaced in 2012 due to workmanship when installed in 2005. Great cash flow & investment property! Potential for more revenue when other units are leased out. Sales includes building, warehouse, lease, & 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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