Listed By
Agency Name: Keller Williams Classic Rlty NW
Agency Phone: 763-463-7500
Shown By
Agent Name: Bill Lieb
Agent Phone: (763) 360-0878
Agency Title: Counselor Realty
Property Description
This property presents an opportunity for investors seeking a value add asset with both residential and commercial components. the residential units are naturally occurring affordable housing units with some vacancies, and can be renovated and rented with the potential of a fully stabilized cash flowing asset.Located along the growing Glenwood Avenue corridor in Minneapolis, this mixed use investment opportunity offers long term upside in the evolving urban Harrison neighborhood adjacent to Bryn Mawr and near downtown Minneapolis. The property consists of 8 residential units, including seven 2-bedroom units and one 3-bedroom unit, along with two main level retail spaces - a restaurant and an open space with an overhead drive in door providing flexibility for a variety of commercial uses.Commercial spaces include Milda's Cafe and an additional flexible space known as The Living Room, featuring an open layout, kitchenette, and an overhead drive-in door suitable for a variety of uses.Additional features include separately metered gas and electric, central heating and air conditioning, shared laundry facilities on each residential level, rear off-street parking, and a lower level basement space with future potential for storage income.Contact us today for additional information or to schedule a private tour.
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1720 Glenwood Avenue, Minneapolis, MN 55405
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1720 Glenwood Avenue, Minneapolis, MN 55405
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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1720 Glenwood Avenue | MLS# 7065912
This commercial property located at 1720 Glenwood Avenue, Minneapolis, MN 55405 is currently listed for sale with an asking price of $875,000. Glenwood Avenue is located within the Minneapolis school district. Search Minneapolis real estate on blieb.counselorrealty.com today.