$589,000

1500 W Broadway Avenue, Minneapolis, MN 55411

  • 8,580 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $69/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Unlock the full potential of this exceptional real commercial real estate package featuring a fully renovated and operational mixed-use building and an adjacent vacant lot in a rapidly growing Opportunity Zone. Perfectly positioned for developers or business owners, this offering provides a rare chance to capitalize on strong rental income, future development potential, and significant tax incentives. Located in a high-visibility corridor with strong foot traffic and easy access to major transportation hubs, this property is primed for immediate and long-term success. Property Highlights: -Mixed Use Building: Income-producing property with fully-lease, ground floor commercial space and residential units above. Tenants pay all utilities, except water/sewer and trash. -Adjacent Vacant Lot: Ideal for expansion, new development, or additional parking. -Located in a Designated Opportunity Zone: Unlock valuable tax benefits and investment growth potential. -High-traffic Location: Surrounded by thriving business, dining, and residential communities. -Easy Access to Public Transit & Major Highways: Ensures seamless connectivity for tenants and customers. -Strong Demand for Commercial & residential Spaces: A sought-after area with increasing property values. Seize this rare investment opportunity to own, expand, or develop in one of the most promising locations in the market. Whether you're looking to grow your portfolio or establish a dynamic mixed-use hub, this property offers step toward maximizing your investment potential!

Listing Status:
Active
Listing Office:
RE/MAX Results : 651-251-4800
MLS ID:
6703737
  • Heating: Forced Air

This listing courtesy of RE/MAX Results

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hall International

1601 Aldrich Ave N, Minneapolis, MN, 55411

Grades PK-5

0.52 miles away

M

Minneapolis on Line Learning

1250 W Broadway Ave, Minneapolis, MN, 55411

Grades 7-12

0.11 miles away

M

Minneapolis on Line Learning

1250 W Broadway Ave, Minneapolis, MN, 55411

Grades 7-12

0.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.