710 Lowry Avenue N Minneapolis, MN ^$ 449,900

710 Lowry Avenue N

^$ 449,900

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710 Lowry Avenue N

Minneapolis, MN, 55411

^$ 449,900

Studio Baths0.0 Sq 4,334

Monthly Estimate*

^$ 2,990

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Studio

Commercial Property for sale in Minneapolis, MN

for $449,900. This 4,334 square foot building was built in 1922 on a lot size of 0.1.

Turnkey cash-flow mixed-use commercial building sitting on a prime location. 5 units total. 2 are residential units, 3 are business use. Business is also for sale, separately from the building. Basement is unfinished but can be for a full business use unit.

Commercial Active

Price

^$ 449,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,304

Style

Mixed Use,Business

Lot Size

0.1

Year Built

1922

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6516616

Features

General

Sewer City Sewer/Connected City Sewer - In Street

Heating Boiler Radiator(s)

Cooling Window Unit(s)

Utilities Electric Separate

Roof Flat

Appliances Range Refrigerator

Garage Spaces 2

Construction Materials Block Brick/Stone Brick Veneer

Year Built 1922

Topography Walkout

Levels Two

Property SubType Mixed Use Business

Tax Year 2024

Current Use Professional/Office Commercial Residential

Gross Income 47760

Accessibility Other

County Hennepin

Net Operating Income 26160

Property Type Commercial Sale

Association Amenities Deck

Contingency None

Subdivision Name Bakers 4th Add

Possible Use Office Professional Service Retail Investment

Directions Lyndale avenue n to Lowry take left and building on the right

City Minneapolis

Buyer Agent Compensation 2.50

High School District Minneapolis

Zoning Description Business/Commercial

NumberOfUnitsTotal 5

Lot Size Units Acres

Street Name Lowry

Land Lease Y/N N

Tax Annual Amount 6304

Additional Parcels Y/N N

Days on Market 5

Standard Status Active

Lender Owned No

Amenities Unit Hardwood Floors

Buyer Agent Compensation Type %

Interior

Basement Full

Basement (Y/N) Y

Street Suffix Avenue

Fuel Natural Gas

Exterior

Parking Features Detached Guest Parking On-Street Parking Only

Lot Features Irregular Lot

Water Source City Water/Connected City Water - In Street

Inclusions Building Land

Lot Size Area 0.1

Building Area Total 4334

Lot Dimensions 48.4 X 92

Foundation Area 3200

Road Frontage Type Sidewalks

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 710

* Excluded Features

List By

Creative Results

Broker

sthao1982@gmail.com

Affordability Calculator

$3,516

Per Month

Monthly Principal & Interest: $2,990
Monthly Property Taxes: $525
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Minneapolis, MN

Average List Price ^$1,251,284

Percent of Sale Price 178%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/12/2024	$449,900		Listed Price

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710 Lowry Avenue N, Minneapolis, MN, 55411 is a Commercial Property for sale at $449,900 with 4,334 sqft and a lot size of 0.1. 710 Lowry Avenue N is a studio with 0.0 baths and was built in 1922. The property's zip code is 55411 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/2/2024.

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710 Lowry Avenue N

Commercial Property for sale in Minneapolis, MN

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