Minneapolis, MN 55411 2759 Penn Avenue N
$130,000
Presented By: eXp Realty
SQFT • 1,229
Home Details
Commercial mixed use building at a great location! Corner of 29th & Penn with tons of traffic exposure. This would make a great spot for office, shop, retail, or mixed-use with apartment + business. Lot extends to alley with enough room to build a garage or add some parking. ZONE C1 - Neighborhood Commercial District allows many uses. Currently has 3 rooms street side for business/office use + kitchen & full bathroom. Back of building includes 2bedrooms apartment with kitchen & full bathroom. Projected ARV rents for current set up = $3000/month total. C1 Zoning offers a multitude of options if building new. Neighboring lot to South is vacant and possibly for sale. Opportunity knocks!
Presented By: eXp Realty
Interior Features for 2759 Penn Avenue N
Other Interior Features
Basement (Y/N)No
FuelNatural Gas
General for 2759 Penn Avenue N
AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsStucco
ContingencyNone
CountyHennepin
Current UseProfessional/Office, Professional Service, Residential, Retail
DirectionsSouthwest corner of 29th & Penn Ave N.
Garage Spaces
HeatingHot Water
High School DistrictMinneapolis
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
Number Of Units Total3
Possible UseOffice, Professional Service, Retail, Investment
PostalCityMinneapolis
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofFlat
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NamePenn Ave Add
Tax Annual Amount692
Tax Year2024
UtilitiesElectric Common, Heating Common, Hot Water Common
Year Built1912
Zoning DescriptionBusiness/Commercial
Exterior for 2759 Penn Avenue N
Building Area Total1229
Foundation Area1385
InclusionsBuilding, Land
Lot Dimensions40x127
Lot FeaturesCorner Lot
Lot Size Area0.12
Parking FeaturesOn-Street Parking Only
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent