2427 4th Street, Minneapolis, MN
Industrial for Sale - $550,000
Property Info
CIMLS# | 1085024 |
Location 2427 4th Street Minneapolis MN 55418 | |
Updated | October 25th, 2021 |
Type | Industrial |
Price | $550,000 |
Property Description
This landmark bldg is located on the SE corner of Lowry Ave & 4th Ave NE in an emerging neighborhood. Known as the "Pink Goat" bldg for the frolicking pink goat painted on the Lowry side, it is also one of the chosen few bldgs that is home to an original Mows 510 house. The prpty has 2 recently renovated upper level apts & retail space on the 1st floor currently leased to Sacred Siren Tattoo & Art. 1 bdrm plus den apartment w/large deck; Mos to Mos tenancy - $900 per month. 1 bdrm apartment w/porch; Mos to Mos tenancy - $850 per month. Sacred Siren lease expiration 8/31/2022. Rent structure as follows: September 1, 2020 thru August 31, 2021 $2,185.45 per month modified gross. September 1, 2021 thru August 31, 2022 $2,251.00 per month modified gross. Sacred Siren pays most utilities & snow removal. Landlord pays water, sewer & trash. Bsmt storage available for tenant use. New patio on 1st floor for tenant use. On-site Prkng accommodates at least 4 vehicles. New roof & gutters 2019.