212 Ridgewood Avenue, Minneapolis, MN

$1,299,000

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0.23

Acres

About 212 Ridgewood Avenue

$100,000 Reduction – Motivated Seller! 9 Unit Mixed-Use For Sale with 3 apartments + 6 offices in the High Demand Loring Park/Lowry Hill area of Minneapolis. Great condition in and out with a strong rental history. Excellent opportunity for both the investor or owner/user. The 2nd level 6 offices have historically been rented to therapy/counseling uses, but were just vacated for an owner/user opportunity or investor to bring their own tenants. Unit Mix: (1) 3 bed/2 bath. (1) 2 bed/1 bath. (1) 1 bed/1 bath. (6) second level offices leased to therapists. 4 tuck under garage stalls in the rear. The first floor apartment has historically been used for an Airbnb. Built in 1932 with many updates over the years, especially in 2018-2020. 6,924 total square feet. The building sites on a double lot with 0.23 acres and is zoned UN2 Urban Neighborhood 2 District. Only being offered for sale as the Seller is an out of state investment owner with a focus in retail.

Features of 212 Ridgewood Avenue

MLS® # 6461134
Price $1,299,000
Bathrooms 0.00
Acres 0.23
Year Built 1932
Type Commercial Sale
Sub-Type Apartment,Low Rise,Office
Style Apartment,Low Rise,Office
Status Active

Community Information

Address 212 Ridgewood Avenue
Area Steven's Square - Loring Heights
Subdivision Ridgewood Add
City Minneapolis
County Hennepin
State MN
Zip Code 55403

Amenities

# of Garages 4
Garages Concrete, Tuckunder Garage
Is Waterfront No
Has Pool No

Interior

Heating Boiler
Fireplace No

Exterior

Lot Description Irregular Lot
Construction Stucco

School Information

District Minneapolis

Additional Information

Days on Market 185
Zoning Business/Commercial,Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $20,885

Listing Details

OfficeRE/MAX Results

Listing Map

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