999 50Th AveMinneapolis, MN 55421

This 12,446 square foot mixed-use building in Columbia Heights, Minnesota, presents a unique investment opportunity. Situated on a 0.83-acre lot, this two-story, 1976-built structure offers approximately 6,200 square feet per floor, with ceiling heights ranging from 9 to 10 feet. Currently vacant, the property requires over $400,000 in renovations, but upon completion, it's projected to appraise at approximately $2.6 million. The building boasts 46 on-site parking spaces, supplemented by ample street parking, and benefits from its location in a General Business (GB) district, allowing for over 40 permitted uses, including daycare, medical office, and restaurant. The property is conveniently located near I-694 freeway access. Seller financing options are available, including contract for deed (up to 24 months) and lease-to-own agreements, providing flexible acquisition pathways for owner-occupants or multi-tenant investors. The building's zoning allows for a wide variety of commercial uses, making it an adaptable asset for various business ventures. Detailed blueprints and documents are available online. The asking price is $1,100,000, with a price per square foot of $88.38.