Fully occupied commercial investment opportunity in North Minneapolis. This property is in good condition with existing tenants already in place,
offering an investor the opportunity to acquire an occupied income-producing asset. Put your money to work with a property where tenant income can
help offset ownership costs while you build equity over time. Seller is also offering additional nearby properties, providing an opportunity to acquire
multiple assets along the Penn Avenue corridor.
Listing Courtesy of: LPT Realty, LLC
612-274-4219
| Listing Id: | 7153508 |
|---|---|
| List Price: | $269,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bathrooms Full: | 0 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Tax Annual Amount: | $8,117 |
| Waterfront?: | No |
| City: | Minneapolis |
| Neighborhood: | 12 |
| County Or Parish: | Hennepin |
| Subdivision Name: | Utopia |
| Postal Code: | 55412 |
| Year Built: | 1922 |
| Number Of Units Total: | 4 |
| Accessibility Features: | None |
| Basement: | No |
| Current Use: | Beauty/Barber Shop, Professional Service |
| Directions: | Penn Ave N north of Lowry Ave N to home on west side of street. |
| Foundation Area: | 3,310 |
| Garage Spaces: | 0 |
| Heating: | Forced Air |
| High School District: | Minneapolis |
| Inclusions: | Building |
| Listing Contract Date: | 2026-09-29 |
| Living Area Units: | Square Feet |
| Lot Size Area: | 7841 |
| Lot Size Dimensions: | 60x129 |
| Lot Size Units: | Square Feet |
| Assessment Pending: | No |
| Foreclosure Status: | No |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Garage Square Feet: | 0 |
| Lender Owned: | No |
| Potential Short Sale: | No |
| Yearly/Seasonal: | Yearly |
| School District Number: | 1 |
| School District Phone: | 6126680000 |
| Tax With Assessments: | $8,117 |
| Parcel Number: | 0802924110082 |
| Parking Features: | On-Street Parking Only |
| Postal City: | Minneapolis |
| Public Survey Range: | 24 |
| Public Survey Section: | 08 |
| Public Survey Township: | 29 |
| Sewer: | City Sewer - In Street |
| State Or Province: | MN |
| Tax Year: | 2026 |
| Utilities: | Electric Separate |
| Water Source: | City Water/Connected |
| Zoning Description: | Business/Commercial |
| Township: | Minneapolis |
| Exterior Features: | Stone |
| Foundation Details: | Block |
| Commercial Style Type: | Business Opportunity, Office, Retail/Shopping Center |
| School District Full Name: | 1 - Minneapolis |
| For Sale Or Lease: | For Sale |
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The data on this website relating to real estate for sale comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota.
All information provided is deemed reliable but is not guaranteed and should be independently verified. The properties displayed may not be all of the properties available through the IDX Program. 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 for purchasing or leasing. Real estate listings held by brokerage firms other than the publisher of this website are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor the site owner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:59 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 04:59 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 04:59 PM - CT
