For Sale Commercial MLS# 7153508

3501 Penn Avenue N

Minneapolis, MN 55412

$228,000

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About 3501 Penn Avenue N

Fully occupied commercial investment opportunity in North Minneapolis. This property is in good condition with existing tenants already in place, offering an investor the opportunity to acquire an occupied income-producing asset. Put your money to work with a property where tenant income can help offset ownership costs while you build equity over time. Seller is also offering additional nearby properties, providing an opportunity to acquire multiple assets along the Penn Avenue corridor.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1922
Lot
0.18
Original price
$269,000
MLS #
7153508

Interior

Features
Forced Air
Heating
Forced Air

Exterior & lot

Features
Stone, On-Street Parking Only
Construction
Block
Foundation
Block
Lot
0802924110082, Beauty/Barber Shop, Professional Service
Parking
On-Street Parking Only

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer - In Street, City Water/Connected, Electric Separate
Water
City Water/Connected
Sewer
City Sewer - In Street

Financial

Financial
northstar
Annual tax
$8,117
Tax year
2026
Parcel
0802924110082

Location

Subdivision
Utopia
County
Hennepin
Neighborhood
Cleveland
Community
Hennepin, northstar, Minneapolis
Directions
Penn Ave N north of Lowry Ave N to home on west side of street.

Location

Neighborhood
Cleveland
Subdivision
Utopia
School district
Minneapolis Public School District

Ask about this property

Questions on 3501 Penn Avenue N, Minneapolis, MN 55412, or want to see it in person?

Listed by Anthony Macon, LPT Realty, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.