Mixed-Use Building in
2759 Penn Avenue N, Minneapolis, MN 55411
- Added:
- Jan 8, 2026
- Days on Market:
- 134
- Last Refresh:
- May 22 at 1:06 am
Property Features for 2759 Penn Avenue N
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Business/Commercial
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 0802924440166
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 488.82
Utilities
- Heating system
- Hot Water (Heating)
Building Details
- Year built
- 1912
- Roof type
- Flat
- Architectural style
- Other
Listing agent Trevor Howat (651) 304-6572
Listing office eXp Realty 4525 White Bear Parkway, White Bear Lake, MN (320) 500-4397
Listing date Jan 8, 2026
MLS# 7006652
Listing URL
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic corner location at 29th & Penn offers excellent exposure.
- C1 Zoning allows for a wide range of commercial and mixed‑use possibilities.
- Existing mixed‑use setup: street‑side commercial space plus a 2‑bedroom apartment.
- Projected ARV rents of $3000/month for the current configuration.
- Lot extends to alley, providing space for garage or additional parking.
- Potential for new construction or expansion due to C1 zoning and neighboring vacant lot.
Overview
This commercial mixed-use building is situated at the corner of 29th and Penn in Minneapolis, offering significant traffic exposure. The property is zoned C1 - Neighborhood Commercial District, which allows for a variety of uses, including office, shop, retail, or mixed-use configurations with an apartment and business. The lot extends to the alley, providing enough space to potentially build a garage or add parking. Currently, the building features three rooms street-side suitable for business or office use, along with a kitchen and a full bathroom. The back of the building includes a 2-bedroom apartment with a kitchen and a full bathroom. The projected After Repair Value (ARV) rents for the current setup total $3000 per month. The neighboring lot to the South is vacant and possibly for sale, presenting additional opportunities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.308599
- Latitude
- 45.009493
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Commercial mixed-use building in a high-traffic location, great investment!
Where is this mixed-use property located?
The property is located at 2759 Penn Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: High‑traffic corner location at 29th & Penn offers excellent exposure.; C1 Zoning allows for a wide range of commercial and mixed‑use possibilities.; Existing mixed‑use setup: street‑side commercial space plus a 2‑bedroom apartment.
