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$3,500,000

0 Beds 0 Baths 0 SQFT 0.52 Acres
Type: Commercial

1844 Central Avenue NE
Minneapolis, MN 55418

MLS#: 7046184
The Real Estate Advantage
Office: 952.224.8800
Presented by: RE/MAX Results

Property Description

 

Very unique opportunity to redevelop this property into large 100+ unit multi family building. 19 Unit Building. 12 Residential Units (8 - 1 Bedrooms, 4 - 2 bedrooms) - 6 Commercial Units - 1 Large warehouse unit. Located on a main busy road in NE Minneapolis close to downtown. 128 x 174 corner lot on High-Volume Arterial Road. Seller financing can be available.


 

Interior Features

Bedrooms

Total Bedrooms0

Bathrooms

Total Baths0

Other Interior Features

Basement (Y/N)No
FuelNatural Gas
Garage Square Feet3000

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
Current UseBeauty/Barber Shop, Residential, Restaurant, Retail, Warehouse
DirectionsIncludes 1842-1852 Central Avenue NE
Garage Spaces6
Gross Income297000
HeatingForced Air
High School DistrictMinneapolis
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total19
OwnerPaysTaxes
PostalCityMinneapolis
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameWilsons Rgt Blks East Side Add
Tax Annual Amount$26,204
Tax Year2026
Tenant PaysAll Utilities
UtilitiesElectric Separate, Heating Separate
Year Built1897
Zoning DescriptionBusiness/Commercial, Residential-Multi-Family

Exterior

Foundation Area12,166 sqft
InclusionsBuilding, Land, Leases, Rental License
Lot Dimensions128x175
Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Paved Lot
Road Frontage TypeCity Street
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$3,500,000

0 Beds 0 Baths 0 SQFT 0.52 Acres
Type: Commercial

1844 Central Avenue NE
Minneapolis, MN 55418

MLS#: 7046184
The Real Estate Advantage
Office: 952.224.8800