a Berkshire Hathaway affiliate

$3,100,000

2300 University Avenue NE, Minneapolis, MN 55418


2300 University Avenue NE Minneapolis, MN 55418

For Sale MLS# 5496081

9,092 sq ft Commercial

Data current as of {{getLocalTime('2021-05-09T12:05:36Z')}}

Details

MLS# 5496081

Description for 2300 University Avenue NE, Minneapolis, MN, 55418


Highly sought after NE Minneapolis location with abundant parking. Very visible and easy access to highways. Located in a trending neighborhood on a main artery in close proximity to shopping, eateries, and area services in a very accessible neighborhood. Walkable, bikeable to area restaurants, shopping and public transportation. Development opportunities include market rate apartments, with Affordable Apartments per Minneapolis Inclusionary Zoning Rules, Affordable Housing Rentals, Mixed Use Retail/Office/Apartments, 55+ Rental,Assisted Living Rental and Condominiums-Market Rate & Affordable Housing.Please Do not contact workers on property. Arrange all tours directly through listing agents.

Listing Information


Property Type: Commercial, Apartments and Retail,Apartments/Multi Family

Status: Active

Lot Size: 1.20 Acres

Square Feet: 9,092 sq ft

Year Built: 1947

Foundation: 9,092 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: B S Wrights Add

Builder:

Foundation:

Total Units: 1

Current Use: Business Service,Commercial

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 337

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Other

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common,Electric Separate

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 0

Parking Description: Uncovered/Open

Exterior: Wood, Stucco

Lot View:

Farm Type:

Crop Type:

Zoning: Business/Commercial,Other

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Driving Directions


From the north: take Interstate 94 south, exit Lowry Ave. N, go east to University Ave. NE, turn right, follow to property; from thesouth: take Interstate 94 north, exit Broadway St. NE, take east to University Ave. NE, turn left, follow to property.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 1102924320061

Tax Amount: $50,371

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$3,950,000 Original Price
$3,100,000 Current Price
-$850,000 Total Change
Date Price Change
3/19/2021 01:52 PM $3,100,000 -$100,000
10/27/2020 05:07 PM $3,200,000 -$750,000
4/3/2020 03:09 PM $3,950,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 2300 University Avenue NE

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings