About 212 Ridgewood Avenue
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 | $1,450,000 |
| Bathrooms | 0.00 |
| Acres | 0.23 |
| Year Built | 1932 |
| Type | Commercial Sale |
| 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 | 12 |
|---|---|
| Zoning | Business/Commercial,Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $20,297 |
Listing Details
| Office | RE/MAX Results |
|---|