• 50TH MINNEAPOLIS, MN 55421

  • 6,223 SqFt
  • Commercial / Rent To Own

Property Details for 50TH St, MINNEAPOLIS, MN 55421

Features

Facts

Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

12, 000+ SF Commercially Zoned Building - Two level building with parking lot & street parking available - Approx. 6, 200+ SF per floor - 9' ceilings on the upper level and up to 10' ceilings in lower level - Long Term Lease Available, Lease to Own, Built to Suit or Simply Buy it "AS IS" needs over $400K of repairs & updates - Updated building would appraise for approx. 2.6 million - Seller financing, making repairs and improvements to suit are an option - Lots of possibilities for owner occupant or multi-tenant building - Sellers bought the property a little over a year ago - It has been vacant for over 4 years - Sellers are looking to close on 1/2/24 or later - Over 40 Uses are available in this business district

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Property Brokerage: EXP REALTY 4525 White Bear Parkway Suite 122 White Bear Lake MN 55110
Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.