$2,950,000
$3,500,000
15.7%For more information regarding the value of a property, please contact us for a free consultation.
1.26 Acres Lot
SOLD DATE : 07/10/2024
Key Details
Sold Price $2,950,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Croffuts Add
MLS Listing ID 6478315
Sold Date 07/10/24
Year Built 1960
Annual Tax Amount $60,360
Tax Year 2023
Contingent None
Lot Size 1.260 Acres
Acres 1.26
Lot Dimensions 345 x 170
Property Sub-Type Industrial
Property Description
Rare opportunity for a multi-tenant industrial asset in the heart of the Harrison neighborhood in Minneapolis. Located in a qualified opportunity zone, this building has in-place income from an existing 10,000 SF tenant. Owner/occupy or lease out the 15,000 SF vacancy on the southern end of the building, that was most recently a distillery. Over $1m in improvements made in 2017-2018 including new roof, HVAC, sprinklers and substantial interior improvements.
Location
State MN
County Hennepin
Zoning Industrial
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Asphalt, Parking Lot
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Present Use Commercial,Food Service,Manufacturing
Building
Foundation 25000
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Block
Schools
School District Minneapolis
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