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$1,625,000

  • Sold
  • Closed
  • Commercial
  • 20,720 Sq. Ft.
  • 0.24 Acres
See This Home
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Value add investment opportunity ideal for investor or owner occupant who interested in North Loop location. This 20,000 square foot building with a full useable basement with high ceilings, first floor with office and warehouse space, the second floor features office space and there is additional space on the third floor. Just steps from restaurants, shopping, night life, and the Downtown sports stadiums. This building is complete with large windows, high ceilings, a dock and drive-in door. There is a freight elevator and 6 off street parking spaces. Listing agent to be present at all showings.

Full Property Details for 245 2nd Ave N

General

  • Sold For: $1,625,000
  • Taxes: $50,187 (2021)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6098099
  • Added to Site: 1, 668 day(s) ago

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached Garage

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Financial Considerations

  • Tax Amount: $50,187
  • Tax Year: 2021
  • Owner Pays: Electricity, Fuel, Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Pays Electric: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: SUBD TOWN OF MPLS-LOTS 1 & 2 BLK 55 LOTS C AND D
  • Inclusions: Building, Land
  • Property ID: 2202924410040

Meet the listing agent

Meet the listing agent
— 245 2nd Ave N —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 245 2nd Ave N

School District:Minneapolis Public School District
NameGradesDistance
Webster Elementary
425 5th Street Northeast, Minneapolis, MN 55413
PK-51.1 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-83.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 245 2nd Ave N

Date
Details
Price
Change
Source
8/18/2022
Sold
$1,625,000
-35%
MLS
9/10/2021
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 245 2nd Ave N

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5535-5537 Lindsay St, Golden Valley, MN 55422 - Photo 1 Price Reduced
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2341 Unity Ave N, Golden Valley, MN 55422 - Photo 1 Price Reduced
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3100 Noble Ave N, Golden Valley, MN 55422 - Photo 1 Price Reduced
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Recent Sales near 245 2nd Ave N

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255 Hennepin Ave, Minneapolis, MN 55401 - Photo 1 Sold
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245 2nd Avenue N, Minneapolis, MN 55401 (MLS# 6098099) is a Commercial property that was sold at $1,625,000 on August 18, 2022. This property was listed by Rich & Jayne Robins from our Highland Park Office.Want to learn more about 245 2nd Avenue N? Do you have questions about finding other Commercial real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.