212 Ridgewood Ave

212 Ridgewood Ave, Minneapolis, MN 55403

  • For Sale $1,399,000
  • Property Type Multi-Family
  • Property Size 7,550 SF
  • Units 9
  • Lot Size 0.23 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1932
  • Year Renovated 2020
  • Date Updated Mar 12, 2024
Minneapolis9 Unit Mixed-Use For Sale with 3 apartments totaling ~6,050 square feet + 6 offices totaling ~1,500 square feet in the High Demand Loring Park/Lowry Hill area of Minneapolis. The offices can be configured/remodeled for additional apartment units, or can remain as offices. Great condition in and out with a strong rental history. Excellent opportunity for both the investor or owner/user. The 2nd level 6 offices have historically been rented to therapy/counseling uses, but were just vacated for an owner/user opportunity or investor to bring their own tenants. Unit Mix: (1) 3 bed/2 bath on 1st floor. (1) 2 bed/1 bath on lower level. (1) 1 bed/1 bath on 3rd floor. ~7,550 total square feet. 4 tuck under garage stalls in the rear. The first floor apartment has historically been used for an Airbnb, but has been vacated for the sale and can become a standard annual apartment rental. Built in 1932 with many updates over the years, especially in 2018-2020. The building sites on a double lot with 0.23 acres and is zoned UN2 Urban Neighborhood 2 District. Only being offered for sale as the Seller is an out of state investment owner with a focus in retail.

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Attachments

Highlights

  • 9 Unit Mixed Use: 3 Apartments (6,050 SF) + 6 Offices (1,500 SF)
  • Excellent condition in & out
  • High Demand Minneapolis location
  • 4 rear garage stalls

Contacts

broker

Mark Hulsey

Results Commercial

(651) 256-7404

Location

Getting Around

  • Walk Score ®

    90/100 Very Walkable

  • Transit Score ®

    65/100 Good Transit

  • Bike Score ®

    78/100 Very Bikeable
Powered by Walk Score ®
  • City Minneapolis, MN
  • Neighborhood Stevens Square - Loring Heights
  • Zip Code 55403
  • Market Minneapolis St Paul

Points of Interest

  • Bassett Creek Valley

    0.99 miles

  • Nicollet Mall

    1.15 miles

  • Government Plaza

    1.17 miles

  • Warehouse District/Hennepin Avenue

    1.18 miles

  • Royalston

    1.19 miles

  • U.S. Bank Stadium

    1.30 miles

  • Target Field - Platform 1

    1.31 miles

  • Target Field

    1.34 miles

  • Target Field - Platform 2

    1.35 miles

  • Bryn Mawr

    1.38 miles

  • Speedway

    0.40 miles

  • Speedway

    0.41 miles

  • BP

    0.43 miles

  • Holiday

    0.81 miles

  • Speedway

    0.83 miles

  • Marathon

    0.91 miles

  • Speedway

    1.17 miles

  • Holiday

    1.42 miles

  • Mobil

    1.47 miles

  • Bobby and Steve's Auto World

    1.64 miles

  • 110 Grant Apartments Visitor Parking

    0.43 miles

  • Leaning Tower Parking Lot

    0.43 miles

  • Loring Parking Ramp

    0.45 miles

  • 110 Grant Apartments Resident Parking

    0.47 miles

  • Vineland Place Ramp

    0.50 miles

  • Marquette Parking Ramp

    0.65 miles

  • MCAD Parking Lot C

    0.66 miles

  • Leamington Municipal Ramp

    0.74 miles

  • Hawthorne Transportation Center

    0.96 miles

  • Minneapolis Club Parking Ramp

    0.96 miles

  • Minneapolis International Hostel

    0.45 miles

  • Millennium Hotel

    0.50 miles

  • Hyatt Regency Minneapolis

    0.51 miles

  • Hotel Ivy

    0.66 miles

  • DoubleTree Suites by Hilton Hotel Minneapolis

    0.68 miles

  • Holiday Inn Express Minneapolis Downtown Convention Center

    0.68 miles

  • Hilton Garden Inn Minneapolis Downtown

    0.71 miles

  • Hilton Minneapolis

    0.73 miles

  • The Chambers Hotel

    0.85 miles

  • W Minneapolis - The Foshay

    0.88 miles

  • Jimmy John's

    0.19 miles

  • Cajun Boiling

    0.21 miles

  • Rudolphs

    0.31 miles

  • The Nicollet Diner

    0.31 miles

  • Muffin Top Cafe

    0.32 miles

  • Mortimer's Bar and Restaurant

    0.32 miles

  • Eggy's

    0.34 miles

  • Kulan Deli Express

    0.37 miles

  • Ping's

    0.38 miles

  • Red Dragon

    0.38 miles

  • Learning in Style

    0.29 miles

  • Blind Inc.

    0.33 miles

  • Waldorf School

    0.36 miles

  • City of Lakes Waldorf School

    0.36 miles

  • MCAD MFA Studios and Gallery

    0.39 miles

  • Hennepin Elementary School

    0.54 miles

  • Minneapolis Community & Technical College

    0.58 miles

  • Minneapolis College of Art and Design

    0.63 miles

  • Whittier International Elementary School

    0.65 miles

  • The Blake School - Northrup Campus

    0.70 miles

  • Central Care for Children

    0.24 miles

  • Lucky Stars Child Care Services

    0.68 miles

  • Child Garden Montessori

    0.71 miles

  • New Horizon Academy

    0.76 miles

  • Grandma's House Children's Center

    1.29 miles

  • Summit Early Learning Center

    1.47 miles

  • Hooyo Child Care Center

    1.85 miles

  • Sunshine Tree Child Development

    2.14 miles

  • Perfect Balance Child Care

    2.19 miles

  • Creative Minds Daycare

    2.20 miles

Frequently Asked Questions

What is the lease rate for 212 Ridgewood Ave?

Rental asking rate at 212 Ridgewood Ave is $699,500.00/YR.

What is the total square footage of 212 Ridgewood Ave?

212 Ridgewood Ave totals 7,550 square feet.

When was this property built?

212 Ridgewood Ave was built in 1932.

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Contact Listing Broker

broker

Mark Hulsey

Results Commercial

(651) 256-7404