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Wilen Real Estate

1802 11th Avenue, Minneapolis, MN 55404

1802 11th Avenue, Minneapolis, MN 55404

$1,900,000
Commercial Sale
N/A Beds
N/A Baths
N/A SQFT
1,902 Year Built
0.23 Acres
No Waterfront
THIS IS BASICALLY A BRAND NEW BUILDING WITH A BEAUTIFUL BROWNSTONE SHELL ! A return to the pre-covid use of short term stays will be the likely course of action for a new owner. The income was up to $229,000. There are many short term stay platforms now; not just AIRBNB. CONTRACT FOR DEED TERMS AVAILABLE! The owner started out with 12 worn out apartments, gutted the entire building, and put in 6 brand new apartments / condominiums. The units are set up so they can be condos with the values showing up as $450,000 to $480,000. It is very energy efficient; it was insulted with spray foam and has solar panels.

Listed by: Bridge Realty, LLC
TALK WITH AN AGENT & SCHEDULE A SHOWING

Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
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