$1,700,000
$1,759,999
3.4%For more information regarding the value of a property, please contact us for a free consultation.
24,829 SqFt
SOLD DATE : 06/04/2025
Key Details
Sold Price $1,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 24,829 sqft
Price per Sqft $68
Subdivision Clarks Add
MLS Listing ID 6647708
Sold Date 06/04/25
Year Built 1900
Annual Tax Amount $5,112
Lot Size 0.570 Acres
Acres 0.57
Lot Dimensions Irregular
Property Description
Great opportunity for redevelopment into apartments or condos. 0.6 acres on Chicago Ave across from Peavey Park. Ideal centralized location half a mile from Minnesota Children's and Abbot Northwestern Hospitals. Less than 1.5 miles to the center of Downtown Minneapolis and 2.5 miles to the University of Minnesota. Zoned for mixed use with the ability to build up to six stories, providing great scenic views of Minneapolis. Buyer and buyer's agent to verify all measurements, taxes, and information.
Location
State MN
County Hennepin
Community Clarks Add
Direction 35W South, 11th Ave/I94W/US-12 Exit 17B, keep right, take the ramp to I35W South, left on 11th, right on E Franklin Ave/County Hwy 5, take 3rd left onto Chicago Ave S, property on the left.
Rooms
Basement Full
Interior
Heating Other
Cooling None
Exterior
Parking Features On-Street Parking Only, Other
Utilities Available Heating Separate
Roof Type Asphalt Shingles
Accessibility None
Building
Lot Description Irregular Lot
Water City Water/Connected
Others
Senior Community No
Tax ID 3502924210024
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