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6501 Portland Avenue S Minneapolis, MN $ 4,500,000
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$ 4,500,000 Get more info
6501 Portland Avenue S
$ 4,500,000
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Share Save

6501 Portland Avenue S

Minneapolis, MN, 55423
$ 4,500,000
Baths0.0 Sq 1

Monthly Estimate*

$ 29,908

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Studio

Commercial Property for sale in Minneapolis, MN

for $4,500,000. This 1 square foot building was built in 1956 on a lot size of 4.16.

4.16 Prime Richfield development location. Located adjacent to Veterans Memorial Park. Limited to 5 story building requirements. Building is no longer in public use.

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Commercial Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 143,717

Style

Lot Size

4.16

Year Built

1956

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6531920
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Common Heating Common Hot Water Common
Garage Spaces 4
Construction Materials Stucco
Year Built 1956
Tax Year 2024
Current Use Event Space Vacant
Accessibility None
County Hennepin
Property Type Commercial Sale
Contingency None
Directions 494 to Portland
City Richfield
Buyer Agent Compensation 3.00
High School District Richfield
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 1
Lot Size Units Acres
Street Name Portland
Land Lease Y/N N
Tax Annual Amount 143717
Additional Parcels Y/N N
Days on Market 11
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Detached Asphalt Paved Open
Water Source City Water - In Street
Inclusions Building
Lot Size Area 4.16
Building Area Total 1
Lot Dimensions 506x350
Foundation Area 1
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
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Internal Only
Street Number 1 6501
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* Excluded Features
List By
Century 21 Atwood

Broker

ken.meinke@c21atwood.com

Email

Affordability Calculator

$41,885
Per Month
71%
29%
0%
Monthly Principal & Interest
$29,908
Monthly Property Taxes
$11,976
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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Nearby
708414 Elementary School
708589 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2024$4,500,000 Listed Price

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6501 Portland Avenue S, Minneapolis, MN, 55423 is a Commercial Property for sale at $4,500,000 with 1 sqft and a lot size of 4.16. 6501 Portland Avenue S is a studio with 0.0 baths and was built in 1956. The property's zip code is 55423 which is in Minneapolis, MN

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