Date
Details
Price
Change
Source
3/23/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,000,000 Just Listed
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Property Description
NNN. Richfield strip center. 4 units completely remodeled 2025. New roof 2024. 500K put into this property. Tattoo, Shoe repair, Cannabis dispensary, Vietnamese Coffee shop, Hair salon, Ice Cream parlor, Vietnamese restaurant. 100% occupied. 7 tenants over 9 bays. 8 bathrooms. 2 in common area behind south half of bldg.
Full Property Details
Full Property Details for 6621 Penn Ave S
General
- Price: $2,000,000
- Taxes: $36,000 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7041182
- Updated: 3/23/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Concrete Slab
Rooms
Bathrooms
- Total Bathrooms: 5
Parking
- Parking Features: Paved Lot
Location
- County: Hennepin
- Township: Richfield
- Subdivision: Fairwood Park
- Driving Directions: Penn Ave and 66th St West
School Information
- School District: 1261 - Richfield
- High School District: Richfield
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 Separate, Heating Separate, Hot Water Common, Hot Water Separate
Structural Information
- Exterior Const.: Block, Brick, Frame
- Foundation Size: 7000
- Roof: Age 8 Years or Less, Flat, Other
- Ceiling Height: 11-15
- Disability Access: None
- Current Bldg. Use: Professional/Office, Commercial, Food Service, Restaurant, Retail
- Year Built: 1952
Lot Features
- Lot Size (Acres): 23,000
- Lot Dimensions: 200 x 115
- Frontage: County Road
- Zoning: Business/Commercial
- Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage
Financial Considerations
- Operating Expenses: $62,500
- Tax Amount: $36,000
- Tax Year: 2025
- Terms: Contract/Deed w/Assum, Trade, Cash, Special Funding
- Tenant Pays: All Utilities, Common Area Maintenance, Escalation, Gas, Heat, Hot Water, Percent Rent
- Pays Gas: Tenant Pays
- Pays Heat: Tenant Pays
- Pays Water: Tenant Pays
Disclosures and Reports
- Legal Description: BLOCK 006 FAIRWOOD PARK N 103 FT OF LOT 7 AND S 80 FT OF LOT 8 EX HWY
- Inclusions: Building, Land
- Property ID: 2802824320063
Listed by Real Estate Masters, Ltd.
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— 6621 Penn Ave S —
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NMLS#: 1598647
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Schools
Schools serving 6621 Penn Ave S
School District:Richfield Public School District
| Name | Grades | Distance |
|---|---|---|
Sheridan Hills Elementary School 6400 Sheridan Ave S, Richfield, MN 55423 | K-5 | 0.4 mi |
Richfield Middle School 7461 Oliver Ave S, Richfield, MN 55423 | 6-8 | 1 mi |
Richfield Senior High School 7001 Harriet Avenue, Richfield, MN 55423 | 9-12 | 1.2 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 6621 Penn Ave S
Tax History
Tax History for 6621 Penn Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$34,735
3%
$1,104,000
—
2023
$33,606
66%
$1,104,000
63%
2023
$20,274
—
$677,000
5%
2023
$20,274
—
$647,000
7%
2020
$20,358
2%
$602,000
5%
2019
$19,936
1%
$575,000
5%
2018
$19,753
7%
$547,000
7%
2017
$18,500
-5%
$511,000
—
2016
$19,384
-7%
$511,000
-4%
2015
$20,774
-13%
$534,000
-6%
2014
$23,747
2%
$571,000
—
2013
$23,183
—
$571,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6621 Penn Ave S
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- Single Family
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,440Sq. Ft.
Listed by Aaron Ritchie (612) 418-7080
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- Updated 4 days ago
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- 2Total Baths
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Listed by Keller Williams Preferred Rlty
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- Condo
- Closed
- 2Beds
- 3Total Baths
- 2,130Sq. Ft.
Listed by Ellyn Wolfenson and Matt Baker
Sold by Edina Realty, Inc.
Sold by Edina Realty, Inc.
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- Closed
- 5Beds
- 5Total Baths
- 4,954Sq. Ft.
Listed by Steve Schmitz Team
Sold by Lakes Sotheby's International
Sold by Lakes Sotheby's International
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- Closed
- 5Beds
- 5Total Baths
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Listed by Luke Team Real Estate
Sold by Dwell Realty Partners, LLC
Sold by Dwell Realty Partners, LLC
- Single Family
- Closed
- Updated 6 days ago
- 6Beds
- 5Total Baths
- 4,252Sq. Ft.
Listed by eXp Realty
Sold by Sally English
Sold by Sally English
6621 Penn Avenue S, Richfield, MN 55423 (MLS# 7041182) is a Commercial property. 6621 Penn Avenue S is currently listed for $2,000,000 and was received on March 23, 2026. Want to learn more about 6621 Penn Avenue S? Do you have questions about finding other Commercial real estate for sale in Richfield? You can browse all Richfield real estate or contact a Coldwell Banker agent to request more information.