Active
1000 5th Street SE
Minneapolis MN, 55414
$3,500,000
$239.86 per sqft
Active
14,592 sqft
Commercial
Built in 1952
We are pleased to offer a recently developed 26 room, 56-60 bed capacity Multifamily and Special Use building For Sale at the University of Minnesota. Excellent like-new condition inside and out with huge renovations & improvements in 2018 including all new systems and an entire 3rd level added. This property has a communal living setup with 1 bedroom units which can accommodate 2 beds each + excellent common area amenities. This is truly a turn-key opportunity for a new Owner who can offer move-in ready units. The Seller has beds for each room which can be part of the sale (~$60k value). Two units on the 1st floor have restrooms in the unit, all other rooms share large recently renovated communal restrooms on each floor with 3 showers and multiple stalls. Perfect for a communal living use such as mental health/rehabilitation or individual room rentals for student or market rate housing. Convenient Dinkytown location-the h
6345745
MLSⓇ ID
March 22, 2023
Listed
November 22, 2024
Updated
Map
1000 5th Street SE
Minneapolis MN, 55414
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Boiler, Forced Air
Exterior/Building Features
Lot Size
0.44 Acres
Lot Features
Corner Lot
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$24,651
Tax Frequency
Annually
Days on Market
210
Garage
No
Parking
Detached, Paved, Open
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Courtesy of RE/MAX Results
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Heather Zielinski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 7:51 AM UTC, 11/22/2024