1223 42nd Avenue N Minneapolis, MN - Image 1

1223 42nd Avenue N Minneapolis, MN - Image 2

$599,900

4 Beds 6 Baths 7,700 SQFT 0.16 Acres

Type: Commercial

1223 42nd Avenue N
Minneapolis, MN 55412

MLS#: 7149007

Courtney Maas-Peker

The Real Estate Advantage

Realtor

Phone: 612.618.4823

Office: 952.224.8800

Visit Website

Presented by: Keller Williams Realty Integrity Lakes

Property Description

This amazing opportunity to own a mixed-use building in the Camden Neighborhood of Minneapolis. Sale includes the bar. Two residential units upstairs, plus 5 commercial units on main level. Lots of off-street parking and opportunities to expand. One residential unit is vacant but has on offer to rent. Second residential unit has same tenants for 15 years. A great corner location with multiple revenue streams!

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths6

Other Interior Features

BasementFull, Single Tenant Access

Basement (Y/N)Yes

Ceiling Height8-10

FuelNatural Gas

Garage Dimensions25x30

Garage Square Feet750

General

AccessibilityNone

Additional Parcels Y/NNo

AppliancesGas Water Heater, Range, Refrigerator

CityMinneapolis

Construction MaterialsBrick, Frame

ContingencyNone

CoolingNone

CountyHennepin

Current UseBeauty/Barber Shop, Residential, Retail, Bar/Tavern

Directions94W to Dowling Ave Exit. Left at the light to Fremont Ave N. Right on Fremont until arriving at the property on the right.

Electric Expense0

Fuel Expense0

Garage Spaces1

Gross Income53400

HeatingBoiler

High School DistrictMinneapolis

Insurance Expense0

Land Lease Y/NNo

Lender OwnedNo

Lot Size UnitsSquare Feet

MaintenanceExpense0

Net Operating Income25400

New ConstructionNo

Number Of Units Total6

Operating Expense0

OwnerPaysCommon Area Maintenance, Electricity, Exterior Maintenance, Gas, Heat, Hot Water, HVAC Maintenance, Insurance, Janitorial Service, Repairs, Management, Pest Control, Roof Maintenance

Pool FeaturesNone

PostalCityMinneapolis

Property TypeCommercial Sale

RoofAge Over 8 Years, Rubber

SewerCity Sewer/Connected

Standard StatusActive

Subdivision NameWyoming Park Add

Tax Annual Amount$13,119

Tax Year2026

Tenant PaysCable TV, Electricity, Telephone

Trash Expense0

UtilitiesElectric Separate, Heating Common

Water Sewer Expense0

Year Built1901

Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total7,700 sqft

FencingNone

Foundation Area2,950 sqft

InclusionsBuilding, Business, Fixture/Equipment, Inventory, Leases, Liquor License

Lot Dimensions55.1x128

Lot FeaturesInfill Lot

Lot Size Area7,052 sqft

Parking FeaturesDetached Garage, Parking Lot, Paved Lot, Unassigned

Road Frontage TypeCity Street

Road ResponsibilityPublic Maintained Road

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

$599,900

4 Beds 6 Baths 7,700 SQFT 0.16 Acres

Type: Commercial

1223 42nd Avenue N
Minneapolis, MN 55412

MLS#: 7149007

Courtney Maas-Peker

The Real Estate Advantage

Realtor

Phone: 612.618.4823

Office: 952.224.8800

Visit Website

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$599,900

1223 42nd Avenue N
Minneapolis, MN 55412

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$599,900

1223 42nd Avenue N
Minneapolis, MN 55412

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$599,900

1223 42nd Avenue NMinneapolis, MN 55412

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$599,900

1223 42nd Avenue NMinneapolis, MN 55412

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1223 42nd Avenue N
Minneapolis, MN 55412

1223 42nd Avenue N
Minneapolis, MN 55412