• Listing ID: 1162881
  • (Seller ref: 9623 DJ)

Mixed Use Property For Sale


Location:
Category:
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Type:

Listed by:


Asking price:
$499,000 (Furniture / Fixtures included)
Sales revenue:
$84,000
Cash flow:
Available on request
Years established:
7

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We are proud to present this new listing of a 2-story mixed use building with prime frontage on popular Central Avenue in Northeast Minneapolis. This building has approximately 3,500sqft of lease space that just came available on the 1st floor. It is currently divided for two tenants. Space 1 is set for office and is offered for lease at $1,500/month. Space 2 is set for retail/convenience and is offered at $2,000/month. The 2nd floor is approximately 3,500sqft, consisting of 4 apartments that are currently occupied. Basement is finished, and perfect for office space, storage, etc. 12 space parking lot in the back is included. In 2010, this building grossed $84,000 in rental income. Operating expenses of $22,000 includes real estate taxes and utilities for the apartments. This building is offered for immediate sale at $499,000 as-is. Seller seeks other business venture causing sale.


Real Estate:
Real Property Included
Location:
Northeast Minneapolis on Central Ave.
Premises details:
Mixed Use building, 2 story building
Size in square feet:
3,500 sq.ft.

Support & training:
TBD
Reasons for selling:
Other Interests

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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