718 Central Avenue Ne Minneapolis, MN 55414 (Sold)

$1,400,000 N/A N/A
Price Bedrooms Bathrooms
Price did not change before being sold on 5/8/2020
Status: Sold

MLS #: 5489052

Industrial, Office, Warehouse Sq. Feet: N/A
Date Sold: 5/8/2020 Lot Size: 0.28 Acres
Neighborhood: See All Properties for Sale in Marcy Holmes
DESCRIPTION
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Incredible potential lies within this 3-story brick and timber building in the heart of Northeast! Building previously experienced over $200k in NOI prior to a fire that occurred in August 2019 in one of the tenant suites. The building will be delivered vacant of all tenants at closing for a new buyer to bring their ideas and restore this property to its potential. Elevator and boiler and functioning. Rarely available value-add opportunity. 19 parking spots, 2 parcels included in the sale.
FEATURES / AMENITIES
Handicap Accessible: Elevator
Heating: Forced Air, Baseboard
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.28 Acres / 12196.8 Sq. Ft.
Lot Dimensions: 152 x 60
Garage: Driveway - Asphalt, Driveway - Shared, More Parking Onsite for Fee
Water: City Water/Connected
Sewer: City Sewer/Connected
Utilities: Heating Common
Zoning: Industrial
Directions: Take Hennepin Ave to Central Ave, turn left, building is located on the right just past 7th St SE.
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Sale Includes: Building
Tax Amount: $27, 093.00
Tax Year: 2019
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Listing Information Last Updated 5/24/2020
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Property Summary

718 Central Avenue Ne
Minneapolis, MN 55414

MLS®: 5489052

List Price: $1,400,000

Description:

MLS # 5489052: This property at 718 Central Avenue Ne, Minneapolis, MN 55414 is located in the Marcy Holmes subdivision and is listed for $1,400,000. MLS # 5489052 has been on the market for 93 days.