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$950,000

  • Sold
  • Closed
  • Commercial
  • 8,014 Sq. Ft.
  • 0.28 Acres
See This Home
Save This Home
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Welcome to an exciting investment opportunity in this Industrial Mixed-Use property! Located in a prime location between Minnehaha and West River Pkwy just minutes from Highland Park. A concrete building in excellent condition with two operating businesses with over 8,000 sf and parking lot. On one side, you'll find a spacious workshop, warehouse, tandem garage all with three-phase electric service perfect for industrial or craftsman applications. Multiple office spaces, 2 baths, shower, and ample storage. The mechanical business has existed for 20 years and is relocating perfect for an owner-occupied opportunity. Adjacent is a fully renovated day care center with multiple classroom spaces that cater to different age groups. The center boasts 3 modern baths and a kitchen, designed to meet the highest industry standards for safety and functionality. Unlock your investment potential while providing valuable services to the community. It is a one-of-a-kind opportunity.

Full Property Details for 3504-3508 Snelling Ave

General

  • Sold For: $950,000
  • Taxes: $23,533 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6425620
  • Added to Site: 897 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Lot, Paved, Tandem

School Information

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

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Ductless Mini-Split
  • Heating Type: Ductless Mini-Split, Forced Air, Other
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected), Shared System
  • Utility Description: Electric Separate, Hot Water Separate

Financial Considerations

  • Tax Amount: $23,533
  • Tax Year: 2023
  • Owner Pays: Grounds Care
  • Tenant Pays: Electricity, Fuel, Gas, Taxes, Trash Collection
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Tenant Pays

Disclosures and Reports

  • Legal Description: BLOCK 008 PALMERS ADDN TO MPLS LOTS 4 AND 5 BLK 8
  • Inclusions: Building, Leases
  • Property ID: 102824410134

Listed and Sold by Edina Realty, Inc.

Listing agent

— 3504-3508 Snelling Ave —

  • Edina Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 3504-3508 Snelling Ave

Date
Details
Price
Change
Source
9/29/2023
Sold
$950,000
-5%
MLS
9/01/2023
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Edina Realty, Inc.

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3504-3508 Snelling Avenue, Minneapolis, MN 55406 (MLS# 6425620) is a Commercial property that was sold at $950,000 on September 29, 2023. Want to learn more about 3504-3508 Snelling Avenue? 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.