2515 Nicollet Avenue, Minneapolis, MN 55404 (MLS# 6422217)
$1,795,000
Minneapolis, MN 55404
MLS# 6422217
Status: Closed
1 / 59
Property Description
Become an owner of this beautifully remodeled building on Eat Street in the Whittier neighborhood of Minneapolis. This 3-unit (Two Retail + One Residential Unit on second floor) has been carefully maintained and is ready for its new owner. Pride in ownership throughout, with many updates. Property grosses 200k+ annually and is being sold with an in place 6.9 cap. Long term leases in place.
Details
Maps
Contract Information
Digitally Altered Photos: No
Status: Closed
Off Market Date: 2023-12-01
Current Price: 1680000
Closed Date: 2024-01-05
Sales Close Price: 1680000
Contingency: None
ListPrice: 1795000
List Date: 2023-09-20
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1938
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 5586
For Sale or Lease: For Sale
Acres: 0.17
Lot Dimensions: 60x126
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 2515
Street Name: Nicollet
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55404
Assessments
Tax With Assessments: 28061.8
Building Information
Building Finished SqFt: 10298
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Other
Unit Details
Total Units: 1
Property Features
Accessible: Other
CMU Style: Office; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Commercial
Exterior: Brick/Stone
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Forced Air
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Unassigned; Uncovered/Open
Road Frontage: City Street; Sidewalks
Roof: Flat
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: Keller Williams Integrity Realty
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Saturday 30th of May 2026 09:14 AM
218-998-4400
Mohagen Real Estate
Let's Connect
Mohagen Real Estate
sue@MohagenRealEstate.com
Office: 218-998-4400
Cell: 218-731-7376
Mohagen Real Estate is licensed in the State of Minnesota