Property Listing
Description
Another Reduction – Motivated Seller! 2nd level offices can easily be converted to multifamily. 9 Unit Mixed-Use For Sale with 3 apartments + 6 offices in the High Demand Loring Park/Lowry Hill. 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 owner with a focus in retail.
Property Information
Status: Active
Sub Type: ********
List Price: $1,195,000
MLS#: 6625789
Current Price: $1,195,000
Address: 212 Ridgewood Avenue, Minneapolis, MN 55403
City: Minneapolis
State: MN
Postal Code: 55403
Geo Lat: 44.964111
Geo Lon: -93.281521
Subdivision: Ridgewood Add
County: Hennepin
Property Description
Year Built: 1932
Lot Size SqFt: 10018.8
Gen Tax: 20885
Specials Inst: 0
High School: ********
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Total SqFt.: ********
Style: ********
Total Bedrooms: 6
Total Bathrooms: 4
Total Full Baths: ********
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Garage Stalls: 4
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Lot Feat/Fld Plain: Array
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Inclusions: Building, Land, Leases, Rental License
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