$3,737,000
$3,600,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
2304 Park AVE Minneapolis, MN 55404
0.89 Acres Lot
Key Details
Sold Price $3,737,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision G N Merriams Add
MLS Listing ID 6638672
Year Built 1956
Annual Tax Amount $921
Tax Year 2024
Lot Size 0.890 Acres
Property Description
BROTHER LOUIS HALL IS JUST UNDER 39-THOUSAND SQUARE FEET OF SPACE AND IS FILLED WITH CLASSROOMS AND OFFICES. LAST RENOVATED IN 2008, THE BUILDING AND ITS TWO PARKING LOTS FOR 49 CARS, IS IN GREAT SHAPE AND IS MOVE-IN READY FOR A SCHOOL (EARLY EDUCATION, ELEMENTARY, MIDDLE, OR HIGH SCHOOLS). OTHER POTENTIAL USES INCLUDE: OFFICE PROPERTY, CHILD CARE AND SENIOR CARE CENTERS, MULTI-FAMILY OR RESIDENCES WITH CONVERSION OR MEDICAL USE.
THE PROPERTY IS ZONED COMMERCIAL RM3, IS ADA COMPLIANT, AND IF NEEDED COULD BE RECONFIGURED INTO A MULTI-TENANT PROPERTY OR EVEN A REDEVELOPMENT OPPORTUNITY. THE PROXIMITY TO DOWNTOWN MINNEAPOLIS AND EASE OF ACCESS TO 35W AND I-94 ARE CONSIDERABLE BENEFITS TO OWNERSHIP.
ALL MECHANICALS HAVE BEEN WELL-MAINTAINED AND IN GREAT CONDITION. THE BUILDING ALSO HAS AN EXTRA-LARGE GARAGE DOOR LEADING TO A LARGE AREA FOR STORING EQUIPMENT RANGING FROM SNOW AND LAWN CARE EQUIPMENT TO SERVICE VEHICLES.
Location
State MN
County Hennepin
Zoning Business/Commercial,Industrial
Interior
Heating Boiler
Cooling Central Air
Exterior
Parking Features Attached Garage, Parking Lot
Garage Spaces 2.0
Utilities Available Electric Common, Heating Common, Hot Water Common
Building
Foundation 18810
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Brick Veneer
Schools
School District Minneapolis
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