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Active NEW!
$275,000
/mo Edit
Commercial:  Other
Built 1950
0.12 acres
MLS# 7045101
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    Property Description

    Prime south Minneapolis location, this property presents a rare opportunity for investors, developers, or owner-users to bring their vision to life. Fully gutted commercial building with demolition already completed—skip the heavy upfront demo costs and start designing your vision immediately. Additional plans and permits will be required to complete construction. Currently classified as Business (B) occupancy, supporting a variety of office or service-based uses (buyer to verify). Ideal location supports strong long-term appreciation and business visibility. Whether you're looking to customize your own commercial space or capitalize on a value-add investment, this property offers exceptional upside in one of Minneapolis’ most in-demand areas.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Other
    Zip Code: 55407
    Neighborhood/Area: 64
    Subdivision Name: Powder Horn Park Add

    Interior

    Appliances Included: None
    Basement Details: Crawl Space

    Exterior

    Garage Spaces: 0
    Air Conditioning: None
    Foundation Size: 1,850 ft2
    Handicap Accessible: No Stairs External, No Stairs Internal
    Heating System: None
    Parking Features: Parking Lot

    Lot & Land

    Acres: 0.12
    Geolocation: 44.946292, -93.252096
    Inclusions: Building
    Lot Dimensions: 42 x 122
    Zoning: Business/Commercial

    Schools

    School District: 558
    District Phone: 6126680000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,678
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $8,577

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Vacant
    Fuel System: Other
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: None Available
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of National Realty Guild.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.