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For Sale:  Minneapolis MLS# 6812773

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Active NEW!
$799,900
/mo Edit
Commercial:  1 Story
Built 1937
0.25 acres
Minneapolis schools
MLS# 6812773
763-576-8286
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    Property Description

    Turnkey Automotive Business & Real Estate – Prime Lake Street Location! Exceptional opportunity to own Auto Mart, a well-established automotive sales business with real estate on a double corner lot in the heart of Minneapolis. The property features a heated garage with lift and floor drain, plus major updates completed around 2009–2010 including roof, electrical, plumbing, mechanicals, and an expanded office area with two offices and a restroom. Auto Mart averages approximately $650, 000 in annual gross revenue and is known for its strong reputation, repeat clientele, and high-traffic exposure. Sale includes both the business and property (excluding inventory)—a rare chance to own a profitable, long-standing operation with excellent visibility and future growth potential through online sales, service expansion, or marketing.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $799,900
    Property Type: Commercial
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1937
    State: MN
    Property Style: 1 Story
    Zip Code: 55406
    Neighborhood/Area: Cooper
    Subdivision Name: Riverview Add

    Interior

    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 2
    Other Parking Spaces: 50
    Foundation Size: 1,500 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Floor Drain
    • Garage Door Opener
    • Parking Lot
    • Paved
    Road Frontage:
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material: Stucco
    Roof Details:
    • Asphalt
    • Rolled/Hot Mop

    Lot & Land

    Acres: 0.25
    Geolocation: 44.948059, -93.21244
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land
    Lot Dimensions: 135 x 81
    Addl Parcels: 0602823110041
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $12,940
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $16,770

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Automotive
    • Commercial
    • Other
    • Professional/Office
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.