$105,000

2759 Penn Avenue N, Minneapolis, MN 55411

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$105,000

(25,000) 11/14/2025

2759 Penn Avenue N Minneapolis, MN 55411

For Sale MLS# 6655810

1,229 sq ft Commercial

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Data current as of 23/12/2025 02:07:15

Details for 2759 Penn Avenue N

MLS# 6655810

Description for 2759 Penn Avenue N, Minneapolis, MN, 55411


Commercial mixed use building at a great location! Corner of 29th & Penn with tons of traffic exposure. This would make a great spot for office, shop, retail, or mixed-use with apartment + business. Lot extends to alley with enough room to build a garage or add some parking. ZONE C1 - Neighborhood Commercial District allows many uses. Currently has 3 rooms street side for business/office use + kitchen & full bathroom. Back of building includes 2bedrooms apartment with kitchen & full bathroom. Projected ARV rents for current set up = $3000/month total. C1 Zoning offers a multitude of options if building new. Neighboring lot to South is vacant and possibly for sale. Opportunity knocks!

Listing Information


Property Type: Commercial, Apartments and Retail

Status: Active

Lot Size: 0.12 Acres

Square Feet: 1,229 sq ft

Year Built: 1912

Foundation: 1,385 sq ft

Subdivision: Penn Ave Add

Number Of Units Total: 3

Current Use: Business Service,Professional Service,Residential,Retail

County: Hennepin

Days On Market: 325

Construction Status: Previously Owned

School Information


District: Minneapolis

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Common,Hot Water Common

Heating: Hot Water, Natural Gas

Exterior / Lot Features


Parking Description: On-Street Parking Only

Exterior: Stucco

Roof: Flat

Lot Dimensions: 40x127

Zoning: Business/Commercial

Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Land, Road Frontage - Paved Streets, Sidewalks, City, Curbs

Driving Directions


Southwest corner of 29th & Penn Ave N.

Financial Considerations


Other Annual Tax: $506

Tax/Property ID: 0802924440166

Tax Amount: 691.99

Tax Year: 2024

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 2759 Penn Avenue N

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

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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