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7112 Minnetonka BLVD Saint Louis Park, MN 55426
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Key Details
Sold Price $725,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision West Minneapolis Junction Rev Add
MLS Listing ID 6636352
Year Built 2019
Annual Tax Amount $14,478
Tax Year 2024
Lot Size 0.260 Acres
Property Description
Multi use opportunity in one of the best locations in the city. Operate as a successful rental property or group home, as approved by the city of SLP. Double lot available to build a manager's suite or just have extra space. This stunning property boasts a spacious shared kitchen that serves as the heart of each unit, fostering a sense of community among residents.
The generous living and dining areas provide ample space for relaxation and entertainment. On the lower level, a well-equipped laundry room adds convenience, while a recreation room offers a space for leisure and social gatherings. Each of the eight identical units is thoughtfully designed, featuring a large bedroom, full bath and walk in closet.
The city of SLP is discussing zoning changes. The future district for this property will add additional housing types such as two-unit, three-unit, and four-unit structures. It will also allow for low-rise apartment buildings and small townhouse structures meaning a new owner could build up, out, or an additional structure on this lot for additional unit capability.
Rent Roll available upon request please email both agents.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Single Family
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Parking Lot
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Age 8 Years or Less
Building
Story Two
Foundation 1700
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Vinyl Siding
Schools
School District St. Louis Park
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