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1016 N 5th Street Minneapolis, MN $ 1,990,000
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$ 1,990,000 Get more info
1016 N 5th Street
$ 1,990,000
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1016 N 5th Street

Minneapolis, MN, 55411
$ 1,990,000
Baths0.0 Sq 10,450

Monthly Estimate*

$ 13,226

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Studio

Commercial Property for sale in Minneapolis, MN

for $1,990,000. This 10,450 square foot building was built in 1980.

Set in the North Loop, this property consists of a 10,450 warehouse building, which includes some office and warehouse space, a 3BR single family home and parking lot. The address include 1016, 1018, 1020 and 1022 and is a total of 0.61 acres. The home is rented out as a standard 3BR home. The warehouse currently has about 3,500 sq ft leased through 2026, and the remaining 7,000 sq ft is vacant. The North Loop has experienced a tremendous amount of development in recent years. The LRT Blue Line expansion is slated to be a half block away. 14-ft drive-in garage door.

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Commercial Active

Price

$ 1,990,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 45,278

Style

Office,Warehouse

Year Built

1980

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6536553
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Common
Garage Spaces 2
Construction Materials Block
Year Built 1980
Property SubType Office Warehouse
Tax Year 2024
Current Use Professional/Office Office Residential Storage Facility Warehouse
Accessibility None
Additional Parcels Description 2202924220023 2202924220024
County Hennepin
Property Type Commercial Sale
Association Amenities Common Garden Concrete Floors & Walls Patio
Contingency None
Subdivision Name Gerald Add
Directions Lookup on Google Maps or Waze on how to get there.
City Minneapolis
Buyer Agent Compensation 2.00
High School District Minneapolis
Zoning Description Business/Commercial Residential-Single Family
NumberOfUnitsTotal 1
Street Name 5th
Land Lease Y/N N
Tax Annual Amount 45278
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Attached Garage Parking Lot
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0
Building Area Total 10450
Lot Dimensions 168X159
Foundation Area 10450
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Interior
Basement (Y/N) N
Street Suffix Street
Foundation Dimensions 143X85
Fuel Natural Gas
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Internal Only
Street Number 1 1016
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* Excluded Features
List By
Manarola Llc

Broker

alex@eigpm.com

Email

Affordability Calculator

$16,999
Per Month
78%
22%
0%
Monthly Principal & Interest
$13,226
Monthly Property Taxes
$3,773
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/15/2024$1,990,000 Listed Price

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1016 N 5th Street, Minneapolis, MN, 55411 is a Commercial Property for sale at $1,990,000 with 10,450 sqft. 1016 N 5th Street is a studio with 0.0 baths and was built in 1980. The property's zip code is 55411 which is in Minneapolis, MN

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