212 RIDGEWOOD AVENUE
212 Ridgewood Avenue, Minneapolis, 55403, MN
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Price: $1,225,000
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Status type: For Sale
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City: Minneapolis
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Neighborhood: Steven's Square - Loring Heights
Bedrooms: 0
Property Size :0
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Listing Agent: NST16271,NST43451
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Property type : Apartment,Low Rise,Office
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Zip code: 55403
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Street: 212 Ridgewood Avenue
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Street: 212 Ridgewood Avenue
Bathrooms: N/A
Year: 1932
Listing Brokerage: RE/MAX Results
DETAILS
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.
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
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Basement Details: Finished,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: 4
Construction Materials: N/A
Foundation Size: 2138ft²
Unit Amenities:
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Heating System:
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- Boiler
LOT
Acres: N/A
Lot Size Dim.: 89x146
Longitude: 44.9641
Latitude: -93.2815
Zoning: Business/Commercial,Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2024
Tax annual amount: $20,885
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADITIONAL INFORMATION
MLS#: NST7307498
Listing Brokerage: RE/MAX Results
ID: 2491844
Published: November 17, 2023
Last Update: November 17, 2023
Views: 54
