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2517 Golden Valley Road Minneapolis, MN $ 2,500,000
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$ 2,500,000 Get more info
2517 Golden Valley Road
$ 2,500,000
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2517 Golden Valley Road

Minneapolis, MN, 55411
$ 2,500,000
Baths0.0 Sq 35,493

Monthly Estimate*

$ 16,616

2517 Golden Valley Road, Minneapolis, MN 55411 - Image 1
2517 Golden Valley Road, Minneapolis, MN 55411 - Image 2
2517 Golden Valley Road, Minneapolis, MN 55411 - Image 3
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2517 Golden Valley Road, Minneapolis, MN 55411 - Image 7
Studio

Commercial Property for sale in Minneapolis, MN

for $2,500,000. This 35,493 square foot building was built in 1929 on a lot size of 0.34.

This trio of historic apartment buildings totaling 35 Units is located on the western fringe of Minneapolis, in the city’s Willard-Hay neighborhood. Tenants enjoy access to Theodore Wirth Parkway/Park amenities less than a ½ mile away, as well as quick walking access to the newly opened METRO C Line for fast access to downtown Minneapolis. The buildings have been cared for, well maintained, and are fully stabilized. These properties MUST be sold as a package. Currently all 3 properties are professionally managed by a quality local management company. ADDRESSES: 2517 Golden Valley Road, 2601 Golden Valley Road, 1900 Thomas Avenue.

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Commercial Pending

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 39,649

Style

Apartment

Lot Size

0.34

Year Built

1929

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6382838
Features
General
Sewer City Sewer/Connected
Heating Boiler
Utilities Electric Separate Heating Common
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1929
Property SubType Apartment
Tax Year 2023
Current Use Residential
Gross Income 376618
Accessibility None
Additional Parcels Description 1702924420004 1702924140112
County Hennepin
Net Operating Income 188309
Property Type Commercial Sale
Contingency None
Subdivision Name Fairlawn Add
Directions From HWY100 Exit Duluth Street/Golden Valley Road. Eastbound 1.8 Miles to destination.
City Minneapolis
Buyer Agent Compensation 2.00
High School District Minneapolis
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 35
Lot Size Units Acres
Street Name Golden Valley
Land Lease Y/N N
Tax Annual Amount 39649
Additional Parcels Y/N Y
Days on Market 226
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.34
Building Area Total 35493
Lot Dimensions 34406
Foundation Area 35493
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Interior
Basement (Y/N) N
Street Suffix Road
Fuel Natural Gas
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Internal Only
Street Number 1 2517
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* Excluded Features
List By
Mrg Realty Partners, Llc

Broker

david@mrgrealtypartners.com

Email

Affordability Calculator

$19,920
Per Month
83%
17%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
$3,304
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/6/2023$2,500,000 Listed Price

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2517 Golden Valley Road, Minneapolis, MN, 55411 is a Commercial Property for sale at $2,500,000 with 35,493 sqft and a lot size of 0.34. 2517 Golden Valley Road is a studio with 0.0 baths and was built in 1929. The property's zip code is 55411 which is in Minneapolis, MN

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