6319 Penn AveMinneapolis, MN 55423

Property Details for 6319 Penn Ave

Year built

1957

Construction

CONCRETE BLOCKS

Lot size

0.12 AC

Property type

Commercial real estate

APN

28-028-24-22-0130

APU

2802824220130

Description

This exceptional commercial property, located at 6319 Penn Avenue South in Richfield, Minnesota, presents a unique investment opportunity. Boasting a generous 1,600 square feet of space situated on a sizable 0.12-acre lot, this property offers significant potential for a variety of commercial uses. The building's versatile layout allows for customization to suit diverse business needs. Its strategic location on Penn Avenue South provides excellent visibility and accessibility, ensuring high traffic flow and convenient access for customers and employees. Richfield's thriving business community and strong infrastructure further enhance the property's appeal. The asking price of $500,000 represents a compelling value for a property of this size and location in a desirable market. This is an ideal opportunity for entrepreneurs and investors seeking a well-positioned commercial space with significant growth potential. The property's size and location make it suitable for a range of businesses, from retail establishments to professional offices. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed property information and specifications are available upon request. Don't miss this chance to acquire a prime commercial asset in a dynamic and growing area. Act quickly, as opportunities like this are rare.

• Alternative Use

  Use

  Valuation

  Residential

  $1,793,003

  Hospitality

  $1,642,381

  Educational

  $1,366,442

  Medical

  $1,413,436

  Retail

  $2,125,576

Location Insight

City

Richfield

County

Hennepin

State

Minnesota

Latitude

44.8883

Longitude

-93.3083

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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