1001 Penn Ave N - Churches FOR SALE


Minneapolis, MN 55411- Willard-Hay
$545,000 USD
818-657-6539
1001 Penn Ave N, Minneapolis, MN for Sale
$545,000 USD
Churches - FOR SALE
1/9
null | Request Cap Rate

1001 Penn Ave N
Minneapolis, MN 55411
Willard-Hay


HIGHLIGHTS

  • ±11,606 SF historic three-story special-purpose building originally constructed in 1900
  • Large sanctuary with vaulted ceilings, exposed wood trusses, balcony seating, and original stained glass
  • Lower level includes fellowship hall, commercial-style kitchen, and flexible community/classroom space
  • Zoned RM1 (Residence, Goods, and Services District) offering potential for religious, community, or adaptive reuse

OVERVIEW

Offered for sale is this historic 11,606 square foot church building located in the heart of North Minneapolis. Originally built in 1900, this distinguished three-story Gothic masonry structure features a prominent corner tower, grand arched entryways, and intricate brickwork that has defined its presence in the community for over 125 years. The property sits on a 0.27-acre lot adjacent to a park with strong Penn Avenue N visibility and convenient access to public transit and Olson Memorial Hwy. The crown jewel of the building is a stunning sanctuary featuring soaring vaulted ceilings with exposed wood trusses, abundant natural light from large windows, a breathtaking original stained glass window behind the raised stage, and a balcony overlooking the main floor. The lower level offers a large open fellowship hall, a commercial-style kitchen with gas range and full refrigeration, and flexible space well-suited for community programming and events. Multiple meeting and conference rooms are distributed across the main and lower level floors, providing ample space for offices, classrooms, and small group gatherings. This property is being sold as-is and is priced to reflect its current condition, presenting a compelling opportunity for the right buyer to invest in improvements and fully restore this historic gem to its former glory. Zoned RM1 (Residence, Goods and Services District), this is a rare chance to acquire a property at an exceptional price point.

FOR SALE DETAILS

PRICE

$545,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,283 SF

ZONING

R1

APN/PARCEL ID

20-029-24-11-0126

ASK ABOUT THIS PROPERTY

Lee BlackKW CommercialMore Info
818-657-6539

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Lee BlackKW CommercialMore Info
818-657-6539

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.