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NE Mixed-Use Development 1844 Central Ave NE Apartment Building For Sale Minneapolis, MN 55418
Investment Highlights
- High-Traffic Corridor
- Storefront
- Development Opportunity
Executive Summary
18 Unit Building
12 Residential Units - 6 Commercial Units - 1 Large warehouse space
Located on a main busy road in NE Minneapolis close to downtown
Very unique opportunity to develop into large 120+ unit multi family building
128 x 174 corner lot on High-Volume Arterial Road
Seller financing can be available.
12 Residential Units - 6 Commercial Units - 1 Large warehouse space
Located on a main busy road in NE Minneapolis close to downtown
Very unique opportunity to develop into large 120+ unit multi family building
128 x 174 corner lot on High-Volume Arterial Road
Seller financing can be available.
Property Facts
| Sale Type | Investment | Building Class | C |
| Property Type | Multifamily | Building Size | 29,434 SF |
| Property Subtype | No. Stories | 3 | |
| Apartment Style | Low-Rise | Year Built | 1897 |
| Zoning | C1 - Commercial | ||
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 29,434 SF |
| No. Stories | 3 |
| Year Built | 1897 |
| Zoning | C1 - Commercial |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 11-029-24-44-0196 | Improvements Assessment | $411,600 |
| Land Assessment | $358,400 | Total Assessment | $770,000 |
Property Taxes
Parcel Number
11-029-24-44-0196
Land Assessment
$358,400
Improvements Assessment
$411,600
Total Assessment
$770,000
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NE Mixed-Use Development | 1844 Central Ave NE
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