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  • 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.

    KEY DETAILS
    • Price:
    • $1,650,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • n/a
    • Acreage:
    • 0.55
    • Year Built:
    • 2005
    • MLS #:
    • 5135649
    • Street Address:
    • 4020 Minnehaha Ave
    • City:
    • Minneapolis
    • State:
    • MN
    • Postal Code:
    • 55406
    • County:
    • Hennepin
    • Listing Status:
    • For Sale - Active

    Building

    • Amenities:
    • Elevator(s), Other
    • Ease Of Access:
    • Elevator
    • Exterior Features:
    • Wood, Stucco, Brick/Stone, Block
    • Number Of Units:
    • 18
    • Type Of Roof:
    • Asphalt Shingles, Age 8 Years Or Less
    • Year Built:
    • 2005

    Business

    • Annual Gross Income:
    • 142188.00
    • Annual Income:
    • 93459.00
    • Annual Insurance Expenses:
    • 5984

    Land

    • Conforms To Zoning:
    • Business/Commercial
    • Existing Land Use:
    • Business Service, Professional Service, Warehouse, Commercial, Other
    • Road Frontage:
    • City

    Listing

    • Included In Sale:
    • Building, Land, Leases

    Money

    • Property Taxes:
    • $36,286
    • Tax Year:
    • 2018

    Systems

    • Cooling System:
    • Central
    • Existing Water:
    • City Water/Connected
    • Heating:
    • Forced Air
    • Heating Fuel:
    • Natural Gas
    • Sewage Type:
    • City Sewer/Connected

    Source

    • Listing Provided By RE/MAX Results

      MINNE
    REQUEST SHOWING
    SCHOOL RATINGS
    n/a

    SCHOOL DISTRICT: MINNEAPOLIS

    NOTES

    No notes have been added for this home.

    CONTACT AN AGENT

    SCORECARD

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    0
    CONS
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