212 Ridgewood Avenue Minneapolis, MN 55403

$1,399,000
Active
 |  MLS # 6461134
Active
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About The Listing

9 Unit Mixed-Use For Sale with 3 apartments + 6 offices in the High Demand Loring Park/Lowry Hill area of
Minneapolis. Great condition in and out with a strong rental history. Excellent opportunity for both the investor or owner/user. The 2nd level 6 offices have historically been rented to therapy/counseling uses, but were just vacated for an owner/user opportunity or investor to bring their own tenants. Unit Mix: (1) 3 bed/2 bath. (1) 2 bed/1 bath. (1) 1 bed/1 bath. (6) second level offices leased to therapists. 4 tuck under garage stalls in the rear. The first floor apartment has historically been used for an Airbnb. Built in 1932 with many updates over the years, especially in 2018-2020. 6,924 total square feet. The building sites on a double lot with 0.23 acres and is zoned UN2 Urban Neighborhood 2 District. Only being offered for sale as the Seller is an out of state investment owner with a focus in retail.


Listing courtesy of Mark K Hulsey, RE/MAX Results
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1932
MLS #: 6461134
Garage Spaces: 4
Parking Description: Concrete, Tuckunder Garage
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler
Basement: Finished
Construction Description: Stucco
Days On Market (Continuous): 75
Disability Features: None
Latest Update: 01/30/2024
List Date: 11/17/2023
Listing Agent ID: 502019808
Listing Office: RE/MAX Results
Listing Office ID: 5057
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 89x146
Lot Size: 0.23 Acres
Lot Features: Irregular Lot
School District: Minneapolis
Tax Year: 2024
Estimated Taxes: $20,779
Contingency Type: None
City: Minneapolis
Zip: 55403
County: Hennepin
Subdivision: Ridgewood Add
State: MN
Listing last updated: 01/30/24

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