1627 Washington St NE
Minneapolis, MN 55413
Retail Property For Sale
Property Facts
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About 1627 WASHINGTON ST NE , MINNEAPOLIS, MN 55413
Stable NE Minneapolis 11 Unit Mixed-Use Investment Opportunity! 21,254 SF Building comprised of 5 street-level retail spaces and 6 residential units (4 up, 2 down). Approximately 11,000 commercial SF, 7,300 apartment/residential SF, and 6,000 basement SF. Tenants include: Sikora's Polish Market, Red Dog Run Coffee, Halal corner-market, as well as a photography studio and auto-repair shop located in the back of the building. Many property improvements made by Seller. Zoned C-1 neighborhood commercial district. Located in the heart of NE Minneapolis, in the rapidly growing "arts district." Excellent proximity to breweries, restaurants, and major transit/roadways. Built in retail client base with high density apartments next door (to north of subject property). Potential to increase rental rates. Please review OM for details. Financials upon request and signed CA. All tours through Broker.
Property Taxes
| Parcel Number | 14-029-24-12-0202 | Improvements Assessment | $1,432,900 |
| Land Assessment | $187,100 | Total Assessment | $1,620,000 |
Property Taxes
