5536-5538 Chicago Avenue, Minneapolis, MN 55417

Address: 5536-5538 Chicago Avenue, Minneapolis, MN 55417

Unique mixed-use property located in Diamond Lake! This beautiful stone and stucco building offers the perfect combination of residential living and income-producing commercial space, each with its own private entrance. The residential side welcomes you with a spacious living room with wood-burning fireplace. The large kitchen features abundant countertop space, ample cabinetry, stainless steel appliances, and storage. A convenient half bath completes the main level, while the impressive addition provides generous dining and family room spaces. Upstairs, you'll find four spacious bedrooms and a full bathroom. The finished lower level offers laundry and extensive storage. Outside, enjoy a fenced backyard and a detached two-car garage. The commercial side is currently occupied by long-term chiropractic and massage-therapy tenant, providing established rental income. The main level includes a reception area and waiting room, four private treatment rooms and storage. The lower level expands the space with three additional massage rooms, an office, 3/4 bath and ample storage. Ideally located just steps from Todd Park and close to popular restaurants, shopping, and grocery stores, this versatile property offers endless possibilities for investors or owner-occupants in one of Minneapolis's most convenient neighborhoods.

Priced at $499,900

Cooperating broker compensation: 2.7%

General details:

• Mixed-use building with long-term commercial tenant and four bedroom, two bathroom updated residential unit!

• Located in vibrant Minneapolis neighborhood close to parks, restaurants and shopping!

• Separate entrances and laundry in each unit, plus large two-car garage for residential side!