$339,500
3501 Penn Avenue N Minneapolis, MN 55412
For Sale MLS# 6773663
Other
Details for 3501 Penn Avenue N
MLS# 6773663
Description for 3501 Penn Avenue N, Minneapolis, MN, 55412
Northside Ownership Opportunity! This is an excellent opportunity to launch or expand your real estate portfolio with this Northside Land Trust property. Option to purchase through Land trust or as a standard sale. Building currently approximately 75% occupied with active month-to-month leases & established tenants. Middle store front (3503) currently vacant and being updated. Tons of basement storage and additional bonus space/SF. Located on high visibility Penn Ave. in close proximity to public transit, freeway access, downtown Minneapolis, and more.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 0.18 Acres
Square Feet: 6,571 sq ft
Year Built: 1922
Foundation: 3,310 sq ft
Stories: 1 Story
Subdivision: Utopia
Number Of Units Total: 4
Current Use: Beauty/Barber Shop,Business Service,Food Service,Office
County: Hennepin
Days On Market: 197
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Basement: Partial Finished
Utilities
Water: City Water - In Street, City Water/Connected
Sewer: City Sewer - In Street
Other Utilities: Electric Separate,Hot Water Separate
Cooling: Central
Heating: Forced Air, Hot Water, Natural Gas
Exterior / Lot Features
Open Parking: 10
Parking Description: On-Street Parking Only, gravel lot, Garage Dimensions - 0, Garage Door Height - 0, Garage Door Width - 0, Garage Sq Ft - 0.00
Exterior: Brick/Stone
Lot Dimensions: 60x129
Zoning: Business/Commercial,Other
Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Land
Driving Directions
South on Dowling. North on Lowry. End 3501 Penn Ave. N.
Financial Considerations
Tenant Pays: Electric
Owner Pays: Taxes
Tax/Property ID: 0802924110082
Tax Amount: 7777
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Assembly MN LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
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 & Tax Summary for 3501 Penn Avenue N
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3501 Penn Avenue N
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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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