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Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
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4001 Mavelle Drive, Edina, MN 55435
STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Stows Edgemoor Add Blk 9 Rep
SCHOOL: Edina
Property Description
Tree-lined, classic 12-unit apartment building ideally tucked behind the Room & Board high-end furniture store and directly across from the renowned upscale Galleria Mall. The property features 11 spacious two-bedroom, one-bath units and one studio, all offering well-designed, open, and functional floor plans.Residents enjoy walking-distance access to numerous restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Center, Cub Foods, and Target. Located just 10 minutes from downtown Minneapolis and the University of Minnesota, the property is also situated within the highly sought-after Edina School District.This property offers a quiet residential sanctuary in the heart of Edina, combining privacy with unmatched convenience. Each unit includes a private one-car detached garage plus one additional off-street parking space.Additional features include:Baseboard hot water radiant heat for consistent comfortTenants pay electricCoin-operated laundry on siteLocated in Edina?one of the most affluent close-in suburbs of Minneapolis?the property presents future redevelopment potential, situated just half a block from the France Avenue commercial district, which includes hospitals, physician offices, and high-end shopping destinations. The property is zoned PRD-4, allowing for flexible higher-density multifamily development with commercial elements (buyer to verify with the City of Edina).1031 Exchange property.
Property Features
Property Type: Commercial - Business Cooling: Window Unit(s) Fuel Type: Electric, Natural Gas Garage: 12 Heating: Baseboard, Boiler Lot Size: 0.67 Acres Taxes: $28,991 Year Built: 1961
Feature Descriptions
Current Use: Residential
Days on Site: 121
Foundation Size: 500
Handicap Accessible: No Stairs External
Lot Dimensions: Irregular
Parcel#: 3102824110083
Parking: Detached Garage, Parking Lot
Sale Includes: Building, Land, Leases
Sewer: City Sewer/Connected
Units: 12
Utilities: Electric Separate, Heating Common
Water: City Water/Connected
Listed By / Shown By
Agency Name: Sweet Home Realty, LLC
Agency Phone: 952-270-8770
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4001 Mavelle Drive | MLS# 7000870
This commercial property located at 4001 Mavelle Drive, Edina, MN 55435 is currently listed for sale with an asking price of $2,750,000. Mavelle Drive is located within the Edina school district. Search Edina real estate on nanderson.counselorrealty.com today.