3300 Penn Avenue N, Minneapolis, MN 55412 (MLS# 6609000)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 8
Owner Occupied: No
Waterfront Present: No
Year Built: 1940
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Single Family
Foundation Size: 1455
For Sale or Lease: For Sale
Acres: 0.23
Lot Dimensions: 79x126x79x126
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: Other Assumable Loan: Not Assumable Basement: Full CMU Style: Apartments and Retail; Business Opportunity; Low Rise; Mixed Use; Office; Other Commercial Kitchen Appliances: Oven; Refrigerator Construction Materials: Brick Construction Status: Previously Owned Current Use: Commercial; Office; Other; Residential; Retail Exterior: Brick/Stone Financing Terms: Cash Foundation: Brick/Mortar; Concrete Block Fuel: Natural Gas Heating: Forced Air Location Description: Free Standing Lock Box Type: Supra Lot Description: Irregular Lot On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Potential Use: Income; Office; Other; Professional; Retail; Shop Rent Rate per Foot: Per Month Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Off Market Date: 2026-03-14
Closed Date: 2026-04-07
Sales Close Price: 273000
Contingency: None
ListPrice: 299000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3300
Street Name: Penn
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55412
Complex/Dev/Subdivision: Latimers Add

Assessments

Tax With Assessments: 5227
Assessment Balance: 0

Building Information

Building Finished SqFt: 3934
Building SqFt: 3422

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 09
Township#: 29

Sale Options

Sale Includes: Building, Land

Unit 1

Unit Number: Yes
Monthly Rent: 925
Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 4
Level: 2nd Level
Leased?: No
No. of 1 Bedroom Units: Yes

Unit 2

Leased?: No
Level: Main Level
Monthly Rent: 1550
Total Rooms: 4
Unit Number: 2

Unit 3

Leased?: No
Level: Main Level
Monthly Rent: 700
Total Rooms: 2
Unit Number: 3

Unit 4

Leased?: No
Level: Below Ground
Unit Number: 4

Unit Details

Total Units: 4

Unit Information

No. of Efficiency Units: Yes

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 002 LATIMERS ADDN TO MPLS LOTS 16 AND 17
Listing City: Minneapolis
Map Page: 92
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 3023
Property ID Number: 0902924230099
Tax Year: 2024
Tax Amount: 5227
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Mixed-Use space in prime location with great cash flow opportunity! Office Space with Conference Rooms and Break Areas at an exceptional value in Minneapolis. Main level features two office spaces that include ample storage with large closets, and conference rooms. The main level also includes a rest room for employees and guests. The Lower Level features a spacious meeting room complete with a fireplace. The lower level also includes a small kitchenette for quick snacks or lunch breaks, and a bathroom to accommodate your team and guests. Upstairs includes a one-bedroom apartment with a kitchen and full bathroom. Exterior features include plenty of parking with at least 8 spaces. Conveniently located near schools, dining, retail and childcare.
Directions: From Broadway, Turn left onto Oakdale Ave N. Continue onto Lowry Ave N. Turn left onto N Penn Ave.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Shared

Other: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes

Construction Materials

Brick: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Financing Terms

Cash: Yes

Foundation

Brick/Mortar: Yes
Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

Supra: Yes

Lot Description

Irregular Lot: Yes

Parking Characteristics

Parking Lot: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Apartments and Retail: Yes
Business Opportunity: Yes
Low Rise: Yes
Mixed Use: Yes
Office: Yes
Other: Yes

Commercial Kitchen Appliances

Oven: Yes
Refrigerator: Yes

Current Use

Commercial: Yes
Office: Yes
Other: Yes
Residential: Yes
Retail: Yes

Location Description

Free Standing: Yes

Potential Use

Income: Yes
Office: Yes
Other: Yes
Professional: Yes
Retail: Yes
Shop: Yes

Rent Rate per Foot

Per Month: Yes