{"@odata.id":"https:\/\/api.mlsgrid.com\/v2\/Property('NST7753754')","AccessibilityFeatures":["Doors 36\"+"],"AdditionalParcelsYN":false,"NST_AgentOwner":"No","NST_AmenitiesUnit":["Deck","Hardwood Floors","Security System"],"Appliances":["Cooktop","Freezer","Microwave","Refrigerator","Stainless Steel Appliances","Wall Oven","Washer"],"LivingAreaUnits":"Square Feet","NST_AssessmentPending":"Unknown","Basement":["Storage Space","Tile Shower"],"BasementYN":false,"BuyerOfficeName":"eXp Realty","CumulativeDaysOnMarket":8,"NST_CeilingHeight":"8-10","City":"Minneapolis","CloseDate":"2025-07-21","ClosePrice":450000,"PossibleUse":["Retail"],"NST_RefrigeratorNum":["Two"],"NST_CommercialStyleType":["Mixed Use"],"ConcessionsAmount":0,"ConstructionMaterials":["Frame"],"NewConstructionYN":false,"Contingency":"None","NST_ForSaleOrLease":"For Sale","Cooling":["Central Air"],"CountyOrParish":"Hennepin","CurrentUse":["Commercial","Residential","Retail"],"Directions":"Cedar Avenue to east on E. Minnehaha Pkwy to south on 34th Avenue to property.","DocumentsCount":1,"DocumentsChangeTimestamp":"2025-07-23T19:16:21.000Z","DaysOnMarket":8,"NST_DomIncrementTimestamp":"2025-07-30","NST_DomIncrementYN":"false","ExteriorFeatures":["Stucco"],"Fencing":["Full"],"Flooring":["Wood"],"FoundationArea":1032,"FoundationDetails":["Other"],"NST_FractionalOwnershipYN":"No","NST_Fuel":["Natural Gas"],"GarageSpaces":2,"GrossIncome":63024,"Heating":["Radiator"],"HighSchoolDistrict":"Minneapolis","NST_ForeclosureStatus":"No","Inclusions":"Building,Land,Rental License","InternetAddressDisplayYN":false,"InternetAutomatedValuationDisplayYN":false,"InternetConsumerCommentYN":false,"InternetEntireListingDisplayYN":true,"LandLeaseYN":false,"Latitude":44.9132019999999982928784447722136974334716796875,"NST_LenderOwned":"No","Levels":["One"],"ListPrice":450000,"ListingContractDate":"2025-06-04","ListingId":"NST6732823","ListingKey":"NST7753754","Longitude":-93.2224439999999958672560751438140869140625,"LotFeatures":["Infill Lot"],"LotSizeArea":0.11999999999999999555910790149937383830547332763671875,"LotSizeDimensions":"40x134","LotSizeUnits":"Acres","NST_NeighborhoodName":"Minnehaha","NST_NeighborhoodNumber":"55","NetOperatingIncome":37415,"NumberOfUnitsTotal":2,"OffMarketDate":"2025-06-12","OperatingExpense":25609,"OriginalEntryTimestamp":"2025-06-04T10:12:52.000Z","OwnerPays":["See Remarks"],"ParcelNumber":"1802823240118","ParkingFeatures":["Detached Garage","Parking Lot"],"NST_PatioPorchType":["Deck"],"PendingTimestamp":"2025-06-12T11:01:16.000Z","PhotosCount":43,"PhotosChangeTimestamp":"2026-07-24T06:17:15.356Z","PostalCity":"Minneapolis","PostalCode":"55417","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"PROPERTY HIGHLIGHTS\n- Property has a boiler system for heat; the front portion of building has central rooftop\nunit for A\/C, and other portions have window A\/C units 2008 roof\n- 3-year old rubber membrane roof on front of building; shingled roof on back side of building\n- Washer, dryer, breakroom, and storage in lower level\n- 21'x20' detached garage, 2-stalls\n- Recent Renovations: New 10'x 25' shed, new shower and kitchen in residential portion, new concrete apron for driveway, painted exterior in 2022, new gutters, new 40 gallon water heater, new awning, new double pane windows for residential portion, new doors upstairs Lower-level laundry\n- Seconds from shopping destinations: Grocery, retail, restaurants, and coffee shops\nSeller willing to leaseback the main and lower level for 3 years at $3,000\/month. The AIRBNB has averaged $2,252\/month over the last 18 months. Assuming those numbers, below is how the property performs financially:\nGross Income: $63,024\nOperating Expenses:$25,609\nDebt Service: $27,345 (25% down payment, $450K purchase price, 6.50% interest rate, 25 year amortization)\nCash Flow After Debt Service: $10,069\nCap Rate: 8.31%\nCash on Cash: 8.95%","PublicSurveyRange":"23","PublicSurveySection":"18","PublicSurveyTownship":"28","RoadFrontageType":["City Street"],"Roof":["Asphalt","Rubber"],"NST_SchoolDistrictPhone":"6126680000","Sewer":["City Sewer\/Connected"],"StandardStatus":"Closed","StateOrProvince":"MN","StreetDirSuffix":"S","StreetName":"34th","StreetNumber":"4935","StreetNumberNumeric":4935,"StreetSuffix":"Avenue","SubdivisionName":"Minnehaha Park Add","TaxAnnualAmount":10292.860000000000582076609134674072265625,"NST_TaxWithAssessments":"10292.86","TaxYear":2025,"TenantPays":["Electricity","Fuel","Gas","Lawn Care","Snow Removal"],"Topography":"Sloped","Township":"Minneapolis","Utilities":["Electric Common","Heating Common","Hot Water Common"],"VideosCount":0,"WaterSource":["City Water\/Connected"],"YearBuilt":1923,"ZoningDescription":"Business\/Commercial","NST_SchoolDistrictFullName":"1 - Minneapolis","NST_SchoolDistrictNumber":"1","WaterfrontYN":false,"BuyerAgentKey":"NST52124","BuyerAgentMlsId":"NST502018726","BuyerOfficeMlsId":"NST26146","BuyerOfficeKey":"NST26146","CoBuyerAgentKey":"NST228497","CoBuyerAgentMlsId":"NST502050844","CoBuyerOfficeName":"eXp Realty","ListAgentKey":"NST225971","ListAgentMlsId":"NST502211908","ListOfficeMlsId":"NST6588","ListOfficeName":"Keller Williams Premier Realty Lake Minnetonka","ListOfficeKey":"NST10642","ModificationTimestamp":"2026-07-24T06:17:15.356Z","OriginatingSystemName":"northstar","MlgCanView":true,"MlgCanUse":["IDX"]}