For Sale: Minneapolis MLS# 6699865
Active
$800,000
Commercial: Business Opportunity
Built 1937
0.15 acres
Minneapolis schools
MLS# 6699865

Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Exceptional Business Opportunity in the Heart of Minneapolis!
Discover a rare chance to own Auto Mart, a well-established automotive sales business paired with prime real estate located on bustling Lake Street. This dynamic business offers a robust clientele and a stellar reputation in the community, making it an ideal investment for aspiring entrepreneurs or seasoned investors.
Key Features:
Profitable Business Model: Auto Mart has a proven track record of success, delivering consistent revenue and growth potential in a thriving market.
Prime Location: Nestled in a high-traffic area, the property benefits from excellent visibility and accessibility, attracting both local residents and visitors.
Complete Package: This offering includes both the business and the real estate, ensuring a seamless transition for the new owner while providing stability and equity in a coveted location.
Potential for Growth: With untapped opportunities in service expansions, online sales, and strategic marketing, the potential for revenue increase is significant.
Strong Community Ties: Auto Mart is known for its customer service excellence and community involvement, positioning it as a trusted name in the local automotive market.
Donā??t miss out on this unique opportunity to own a thriving business in Minneapolis! Contact us today for more details and to schedule a viewing.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$800,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1937
State:
MN
Property Style:
Business Opportunity
Zip Code:
55406
Neighborhood/Area:
Cooper
Subdivision Name:
Riverview Add
Exterior
Garage Spaces:
2
Other Parking Spaces:
10
Foundation Size:
1,500 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Attached Garage
Exterior Material:
Block
Lot & Land
Acres:
0.15
Geolocation:
44.948059, -93.21244
Inclusions:
Building, Business Assets, Business, Fixture/Equipment
Lot Dimensions:
22 x 3 x 31 x 29 x 52 x 31
Zoning:
- Business/Commercial
- Industrial
- Other
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,972
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,235
Units
Total Units:
1
Miscellaneous
Current Use:
Automotive
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of Rize Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.