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$1,895,000  (list price)
/mo   Edit
MLS# 5334102
Built 1900
0.13 acres
Minneapolis schools
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    Description:   Portfolio of 400, 412, 420 Ridgewood Ave, Minneapolis, MN 55403. Prime development opportunity for a Multi-Family building of approximately 60+ Units. Zoned OR-1 Neighborhood Office Residence District. See Supplements for future zoning changes. Offered at $2, 295, 000. // 400 Ridgewood Ave PID 27-029-24-33-0044 Lot Acres .26 // 412 Ridgewood Ave PID 27-028-24-33-0125 Lot Acres .3247 // 420 Ridgewood Ave PID 27-029-24-0042 Lot Acres .13 // Total Frontage on Ridgewood Ave : 280 Ft. Neighborhood Highlights : Located in popular Stevens Square Neighborhood. Within walking distance to 'Eat Street' and Loring Park. Close to metro transit.
    List Price: $1,895,000
    Sold Price: $1,375,000
    Sold Date: 03/09/2020
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Sold
    Contingency: None
    Year Built: 1900
    Neighborhood/Area: Steven's Square - Loring Heights
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55403


    Building Fin Sq Ft: 1 ft²


    Heating System: Boiler
    Foundation Size: 1 ft²
    Road Frontage: City, Paved Streets, Curbs, Sidewalks
    Handicap Accessible: None
    Exterior Material: Vinyl, Stucco
    Garage Spaces: 0
    Other Parking Spaces: 10


    Acres: 0.13
    Lot Description: Tree Coverage - Medium, Irregular Lot, City Bus (w/in 6 blks)
    Latitude: 44.96386500
    Longitude: -93.28431300
    Lot Size Dim.: See Remarks
    Dev/Complex Name: Ridgewood Add
    Zoning: Other


    School District: 1 - Minneapolis
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $5,355
    Assessment Pending: No
    Taxes w/ Assessments: $5,355


    Total Units: 3


    Current Use: Professional Service, Residential, Business Service, Vacant
    Fuel System: Natural Gas
    Owner Occupied: N
    Sale Includes: Building, Land
    Sewer System: City Sewer/Connected
    Utilities: Heating Separate, Electric Separate, Hot Water Separate
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.

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    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.