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Contingent
$749,900
/mo   Edit
Commercial:  Office
Built 1954
0.16 acres
Minneapolis schools
MLS# 6071954
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    Description:   Rare opportunity to own a Passive Retro-Fit Office building. Super-insulated, airtight building envelope; retrofit to the interior. Passive House windows with triple-pane glazing and motorized exterior shading. Whole-building, balanced, enthalpy heat-recovery ventilation system. Re-use of high-efficiency natural gas furnace for heating and electric heat pump for cooling. Electric on-demand hot water heating, and more. Smaller suite is leased. Could be a live work space or residential property with zoning change. Ideal NE location. Main floor Handicap 1/2 bath, LL bath with space to add a shower. LL kitchen space also. Basement could be finished or leased as studio space, seperate LL access. See supplements for more information.
    List Price: $749,900
    Property Type: Commercial
    Listing Status: Contingent
    Contingency: Inspection
    Property Style: Office
    Year Built: 1954
    Neighborhood/Area: Holland
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55418

    Interior

    Building Fin Sq Ft: 2,432 sqft
    Appliances Included: Dishwasher, Refrigerator, Tankless Water Heater
    Basement Details: Full, Block, Unfinished, Storage Space, Owner Access, Shared Access

    Exterior

    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 2,432 sqft
    Shared Amenities: In-Ground Sprinkler System, Common Garden
    Road Frontage: City Street
    Handicap Accessible: Wheelchair Ramp(s), Door Lever Handles, Grab Bars In Bathroom, Partially Wheelchair
    Exterior Material: Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 4
    Roof Details: Tar/Gravel, Age Over 8 Years, Pitched

    Rooms

    Shared Rooms: Business Center

    Lot

    Acres: 0.16
    Lot Description: Corner Lot, Public Transit (w/in 6 blks)
    Latitude: 45.01106400
    Longitude: -93.24878400
    Lot Size Dim.: 87 x 80
    Dev/Complex Name: Wilsons Rgt Blks East Side Add
    Zoning: Business/Commercial

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Electric Expense: $1,200
    Annual Fuel Expense: $850
    Annual Maintenance Expense: $2,000
    Annual Water/Sewer Expense: $1,100
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $12,147
    Assessment Pending: No
    Taxes w/ Assessments: $12,147

    Unit

    Total Units: 2

    Miscellaneous

    Current Use: Professional/Office, Professional Service, Office
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Common, Electric Common, Hot Water Common
    Water System: City Water/Connected

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    Jeff Zajac joined the Truestone Home Mortgage team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
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