$2,750,000
4001 Mavelle Drive
Edina, MN, 55435
Tree lined classic 12-unit spacious (11 unit 2 bedroom 1 bath and 1 studio) apartment building tucked behind the Room & Board Store, across the street from the renowned Galleria Mall! Walking distance to many restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Mall. 10 minutes to Minneapolis downtown and University of Minnesota. Top Edina School District! A cozy sanctuary in the heart of Edina, close to everything you need. Floor plan is open and spacious. It comes with private 1-car detached garage and one additional parking space for each unit! Baseboard hot water radiant heat provides comfort and warmth. Tenants pay electricity bills. Coin operated laundry in the building. Potential for re-development just 1/2 block from France Ave commercial district. Zoned as PRD-4 allowing flexible higher density multifamily with commercial elements. Please check with the city of Edina for details. 1031 Exchange property.
Property Details
Price:
$2,750,000
MLS #:
NST6634496
Status:
Active
Beds:
0
Baths:
0
Address:
4001 Mavelle Drive
Type:
Commercial
Subtype:
Apartment
Subdivision:
Stows Edgemoor Add Blk 9 Rep
City:
Edina
Listed Date:
Nov 23, 2024
State:
MN
Finished Sq Ft:
15,000
Total Sq Ft:
15,000
ZIP:
55435
Year Built:
1961
Schools
School District:
Edina
Interior
Cooling
Window Unit(s)
Heating
Baseboard, Boiler
Exterior
Association Amenities
Coin-op Laundry Owned
Construction Materials
Brick/ Stone
Parking Features
Detached, Parking Lot
Financial
Tax Year
2025
Taxes
$28,991
Map
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