3100 W 50th Street Minneapolis, MN 55410

$2,150,000 N/A N/A
Price Bedrooms Bathrooms
Price has dropped 4.4% since 8/29/2022 Price History
Status: Active

MLS #: 6254304

Retail Sq. Feet: N/A
On Site: 36 Days Lot Size: 0.25 Acres
Neighborhood: See All Properties for Sale in Fulton
DESCRIPTION
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Fantastic opportunity to own 3 retail store fronts on W 50th St. in South Minneapolis. Sale price includes 6 underground heated parking spots and an additional 10x10 private office on the main floor. Suite 101 had a $105,000 renovation completed in 2021 and suite 104 had a $90,000 renovation in 2020. All showings require listing agent to be present with a 24-hour notice. Please do not disturb current businesses or their staff and refrain from touring the building without an appointment. Owner is licensed agent.
FEATURES / AMENITIES
Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp(s)
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.25 Acres
Lot Dimensions: .25
Garage Spaces: 6
Parking Features: Attached Garage, Garage Door Opener, Heated Garage, More Parking Offsite for Fee, Underground
Utilities: Electric Separate, Heating Separate, Hot Water Common
Sewer: City Sewer/Connected
Water: City Water/Connected
Zoning: Business/Commercial
Directions: Building is located on the corner of 50th St. and Xerxes Ave.
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Sale Includes: Building, Leases
Tax Year: 2022
Tax Annual Amount: $23, 096
Gross Income: $151, 611
Net Income: $107, 268
Association Amenities: Fire Sprinkler System
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Listing Information Last Updated 10/3/2022
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Property Summary

3100 W 50th Street
Minneapolis, MN 55410

MLS®: 6254304

List Price: $2,150,000

Description:

MLS # 6254304: This property at 3100 W 50th Street, Minneapolis, MN 55410 is located in the Fulton subdivision and is listed for $2,150,000. MLS # 6254304 has been on the market for 35 days.