Minneapolis, MN 55403,212 Ridgewood AVE
Minneapolis, MN 55403,212 Ridgewood AVE
Minneapolis, MN 55403,212 Ridgewood AVE
Minneapolis, MN 55403,212 Ridgewood AVE
Minneapolis, MN 55403,212 Ridgewood AVE
Minneapolis, MN 55403,212 Ridgewood AVE
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$1,150,000

$1,195,000

3.8%
Est.Price: ?

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Est. payment /mo

10,018 Sqft Lot


SOLD DATE : 03/03/2025

Key Details

Sold Price $1,150,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Ridgewood Add

MLS Listing ID 6625789

Sold Date 03/03/25

Year Built 1932

Annual Tax Amount $20,885

Tax Year 2024

Contingent None

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 89x146

Property Description

Another Reduction – Motivated Seller! 2nd level offices can easily be converted to multifamily.

9 Unit Mixed-Use For Sale with 3 apartments + 6 offices in the High Demand Loring Park/Lowry Hill. 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 owner with a focus in retail.

Location

State MN

County Hennepin

Zoning Business/Commercial,Residential-Multi-Family

Rooms

Basement Finished

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Concrete, Tuckunder Garage

Garage Spaces 4.0

Utilities Available Electric Separate, Heating Common, Hot Water Common

Present Use Bed & Breakfast,Professional/Office,Commercial,Office,Professional Service,Recreational,Residential,Bar/Tavern

Building

Lot Description Irregular Lot

Foundation 2138

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Stucco

Schools

School District Minneapolis

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Listed by Mark Hulsey • RE/MAX Results
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