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$749,900  (list price)
$729,900
/mo Edit
Commercial:  Office
Built 1954
0.16 acres
Minneapolis schools
MLS# 6071954
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    Property Description

    Rare opportunity to own a Passive Retro-Fit Office building. Super-insulated, airtight building envelope; retrofit to the interior. Passive House windows with triple-pane glazing and motorized exterior shading. Whole-building, balanced, enthalpy heat-recovery ventilation system. Re-use of high-efficiency natural gas furnace for heating and electric heat pump for cooling. Electric on-demand hot water heating, and more. Smaller suite is leased. Could be a live work space or residential property with zoning change. Ideal NE location. Main floor Handicap 1/2 bath, LL bath with space to add a shower. LL kitchen space also. Basement could be finished or leased as studio space, seperate LL access. See supplements for more information.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Office
    Zip Code: 55418
    Neighborhood/Area: Holland

    Interior

    Appliances Included:
    • Dishwasher
    • Refrigerator
    • Tankless Water Heater
    Basement Details:
    • Block
    • Full
    • Owner Access
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 4
    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 2,432 ft2
    Handicap Accessible: Grab Bars In Bathroom, Door Lever Handles, Partially Wheelchair, Wheelchair Ramp(s)
    Shared Amenities:
    • Common Garden
    • In-Ground Sprinkler System
    Road Frontage: City Street
    Exterior Material: Brick/Stone
    Roof Details:
    • Age Over 8 Years
    • Pitched
    • Tar/Gravel

    Rooms

    Shared Rooms: Business Center

    Lot

    Acres: 0.16
    Geolocation: 45.01106400, -93.24878400
    Lot Dimensions: 87 x 80
    Dev/Complex Name: Wilsons Rgt Blks East Side Add
    Topography: Level
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)

    Schools

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

    Expenses

    Annual Electric Expense: $1,200
    Annual Fuel Expense: $850
    Annual Maintenance Expense: $2,000
    Annual Water/Sewer Expense: $1,100
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $12,147
    Assessment Pending: No
    Taxes w/ Assessments: $12,147

    Unit

    Total Units: 2

    Miscellaneous

    Current Use:
    • Office
    • Professional Service
    • Professional/Office
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Lakes Sotheby's International.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.