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718 Central Avenue Ne, Minneapolis, MN – $1,699,000

  • $1.7M Price
  • .28 Acres
  • 18 DOM
  • $1.7M Price
  • .28 Acres
  • 18 DOM

718 Central Avenue Ne

Incredible potential lies within this 3-story brick and timber building in the heart of Northeast! Building previously experienced over $200k in NOI prior to a fire that occurred in August 2019 in one of the tenant suites. The building will be delivered vacant of all tenants at closing for a new buyer to bring their ideas and restore this property to its potential. Elevator and boiler and functioning. Rarely available value-add opportunity. 19 parking spots, 2 parcels included in the sale.

Essential Information

  • MLS® #5489052
  • Price$1,699,000
  • Acres0.28
  • Year Built1922
  • TypeCommercial Sale
  • Sub-TypeIndustrial
  • StyleIndustrial
  • StatusActive

Community Information

  • Address718 Central Avenue Ne
  • AreaMarcy Holmes
  • SubdivisionMill Cos Add To St Anthony Fal
  • CityMinneapolis
  • CountyHennepin
  • StateMN
  • Zip Code55414

Amenities

Garages

Asphalt,Shared Driveway,More Parking Onsite for Fee

Interior

  • HeatingForced Air,Baseboard

Exterior

  • ConstructionBrick/Stone

Additional Information

  • Days on Market18
  • ZoningIndustrial

Listing Details

  • OfficeGold Group Realty, LLC
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Mortgage Information

Mortgage Summary

  • Monthly Payment $0.00
  • Monthly Home Owners Fee $0.00
  • Monthly Taxes $0.00
  • Private Mortgage Insurance $0.00
  • Total Monthly Payment $0.00

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Lakes | Sotheby's International Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Lakes | Sotheby's International Realty is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Lakes | Sotheby's International Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

Information deemed reliable but not guaranteed.

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Listing information last updated on April 8th, 2020 at 11:20pm CDT.

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