Active
212 Ridgewood Avenue
Minneapolis MN, 55403
$1,225,000
$162.25 per sqft
Active
7,550 sqft
Commercial
Built in 1932
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.
6461134
MLSⓇ ID
November 17, 2023
Listed
October 2, 2024
Updated
Map
212 Ridgewood Avenue
Minneapolis MN, 55403
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Boiler
Exterior/Building Features
Lot Size
0.23 Acres
Lot Features
Irregular Lot
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$20,885
Tax Frequency
Annually
Days on Market
236
Garage
Yes
Garage Spaces
4
Parking
Concrete, Tuckunder Garage
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
---|---|---|
7/9/2024 | Price change | $1,225,000 -6% |
5/15/2024 | Price change | $1,299,000 -8% |
1/23/2024 | Price change | $1,399,000 -4% |
Courtesy of RE/MAX Results
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Natasha Cejudo shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 12:38 AM UTC, 10/2/2024