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4001 Mavelle Drive, Edina, MN 55435

$2,750,000
MLS# 7000870
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Anand Prashad, Broker

Anand Prashad, Broker
Call: (612) 790-6080

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.

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 aprashad.counselorrealty.com today.

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: 259
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

Local Schools

School District: Edina

Listed By / Shown By

Listed By

Agency Name: Sweet Home Realty, LLC
Agency Phone: 952-270-8770

Shown By

Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty

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