$4,800,000
$5,000,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
1010 2nd AVE N Minneapolis, MN 55405
2.84 Acres Lot
Key Details
Sold Price $4,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Bassett Valley Add
MLS Listing ID 6214285
Sold Date 01/27/23
Year Built 1986
Annual Tax Amount $98,364
Tax Year 2021
Contingent None
Lot Size 2.840 Acres
Acres 2.84
Lot Dimensions Irregular
Property Description
Well maintained owner/user office opportunity, conveniently located in the Harrison neighborhood. Opportunity to re-purpose the existing structure, or take advantage of favorable redevelopment zoning and construct a new mixed use property on the 2.84 acre site. 2040 guidance supports up to a 15 story tower. Property is located in a Qualified Opportunity Zone. Immediate area features over 500 new/proposed apartment units and is home to La Dona, Royal Foundry Craft Spirits, Unleashed Hops and Hounds and the Mpls Farmers Market. Amazing access to I-394 and I-94.
Location
State MN
County Hennepin
Zoning Industrial,Residential-Multi-Family
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Paved
Utilities Available Electric Common, Heating Common, Hot Water Common
Present Use Commercial,Industrial,Office
Building
Foundation 15000
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Block,Brick/Stone
Schools
School District Minneapolis
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