For Sale: Minneapolis MLS# 7042211
Active
Potential Short Sale
$2,450,000
Commercial: 2 Stories
Built 1927
0.55 acres
MLS# 7042211
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Property Description
Multi tenant office/retail/workshop building. 22, 402 sq. ft. building sitting on a 24, 000 sq. ft. lot in the heart of the North Loop. Building partially occupied with several tenants. Building could be delivered vacant. Building has been completely renovated with HVAC, bathroom, roof, electrical. Now available in the North Loop, 905 5th Street North presents a rare opportunity to acquire a highly adaptable commercial property in one of Minneapolis’ most desirable areas. The building offers both immediate usability and long-term potential, making it well-suited for a variety of ownership strategies, restructuring, occupancy, or redevelopment. Seller financing available.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,450,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1927
State:
MN
Property Style:
2 Stories
Zip Code:
55401
Neighborhood/Area:
59
Subdivision Name:
Bradford & Lewis Add
Interior
Ceiling Height:
11-15
Basement Details:
Concrete
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
12,900 ft2
Foundation Dimensions:
1290 by 100
Handicap Accessible:
Fully Wheelchair
Heating System:
- Forced Air
- Other
Parking Features:
Parking Lot
Exterior Material:
Concrete
Lot & Land
Acres:
0.55
Geolocation:
44.987171, -93.28381
Inclusions:
Building
Lot Dimensions:
150 by 160
Zoning:
Business/Commercial
Schools
School District:
558
District Phone:
6126680000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$58,122
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$58,122
Units
Total Units:
1
Miscellaneous
Current Use:
Commercial
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Fidler Commercial.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.