Home › 3501 Penn Avenue N, Minneapolis, MN 55412 (MLS# 7153508)

3501 Penn Avenue N, Minneapolis, MN 55412 (MLS# 7153508)

$228,000
3501 Penn Avenue N
Minneapolis, MN 55412
MLS# 7153508

3501 Penn Avenue N, Minneapolis, MN 55412
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3501 Penn Avenue N, Minneapolis, MN 55412 3501 Penn Avenue N, Minneapolis, MN 55412 3501 Penn Avenue N, Minneapolis, MN 55412 3501 Penn Avenue N, Minneapolis, MN 55412 3501 Penn Avenue N, Minneapolis, MN 55412 3501 Penn Avenue N, Minneapolis, MN 55412 3501 Penn Avenue N, Minneapolis, MN 55412

Property Description
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.

Details
Maps
Contract Information
Status: Active
Current Price: 228000
Contingency: None
ListPrice: 228000
List Date: 2026-09-29
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Square Feet
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1922
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Size SqFt: 7841
Foundation Size: 3310
For Sale or Lease: For Sale
Lot Dimensions: 60x129
Assessment Pending: No
Location Tax and Other Information
House Number: 3501
Street Name: Penn
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55412
Complex/Dev/Subdivision: Utopia
Assessments
Tax With Assessments: 8117
Building Information
Building Finished SqFt: 6571
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 08
Township#: 29
Sale Options
Sale Includes: Building
Unit Details
Total Units: 4
Property Features
Accessible: None
CMU Style: Business Opportunity; Office; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Beauty/Barber Shop; Professional Service
Exterior: Brick/Stone
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Lock Box Type: Combo
On Site Utilities: Electric Separate
Sewer: City Sewer - In Street
Water: City Water/Connected

Listing Office: LPT Realty, LLC

Last Updated: October - 15 - 2026

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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 18th of October 2026 09:33 PM

218-998-4400

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