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Investment Highlights

  • Ten (10) apartment units above restaurant
  • A phenomenal opportunity for hospitality owner/operator to supplement their investment with residential income
  • Extraordinary location at Seven Corners, next to University of MN Law School and The Carlson School of Management

Executive Summary

Asking Price: $2,150,000.00
20,064 SF Total [3-stories]. 4,911 SF Retail + 9,120 SF Multi-family, Built in 1900 w/ extensive upgrades annually.

Property Facts

Price $2,150,000
Price Per Unit $215,000
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.66 AC
Building Size 14,031 SF
No. Stories 3
Year Built 1900
Opportunity Zone Yes
Zoning C3A
Exceptionally walkable
90/100
Very drivable
80/100
Exceptional public transit
100/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
25-029-24-23-0075
Land Assessment
$96,000
Improvements Assessment
$2,144,000
Total Assessment
$2,240,000
  • Listing ID: 31749045

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 221-225 Cedar Ave S, Minneapolis, MN 55454

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