MLS# NST7041182 - 6621 Penn Avenue S Richfield, MN 55423

Real Estate Masters, Ltd. is the brokerage office representing the seller for this listing.

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{"Id":531927,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST7041182","MLSAGENTID":"NST502012035","MLSOFFICEID":"NST8814","ADDRESS":"6621 Penn Avenue S","ACRES":23000.0,"AGENTOWNER":true,"AUCTIONYN":false,"BASEMENT":"None","BATHSTOTAL":5.0,"BEDROOMS":0.0,"CITY":"Richfield","CONTINGENCY":"None","COUNTY":"Hennepin","CURRENTUSE":"Professional/Office,Commercial,Food Service,Restaurant,Retail","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Block,Brick,Frame","FORECLOSURE":"No","LASTPRICE":2000000.0,"LASTPRICEDATE":"2026-03-23T17:59:06.49","LATITUDE":44.882303,"LENDEROWNED":"No","LISTDATE":"2026-03-23T05:00:00","LISTPRICE":2000000.0,"LIVINGAREA":0.0,"LONGITUDE":-93.308231,"LOTDESCRIPTION":"Public Transit (w/in 6 blks),Tree Coverage - Light","MODIFICATIONTIMESTAMP":"2026-03-23T19:14:06.414","OFFICE_OFFICENAME":"Real Estate Masters, Ltd.","PHOTOCOUNT":0,"POSTALCODE":"55423","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"NNN. Richfield strip center. 4 units completely remodeled 2025. New roof 2024. 500K put into this property. Tattoo, Shoe repair, Cannabis dispensary, Vietnamese Coffee shop, Hair salon, Ice Cream parlor, Vietnamese restaurant. 100% occupied. 7 tenants over 9 bays. 8 bathrooms. 2 in common area behind south half of bldg.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Age 8 Years or Less,Flat,Other","SALEINCLUDES":"Building,Land","SCHOOLDISTRICTNUMBER":"1261-Richfield","SCHOOLDISTRICTPHONE":"6127986010","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-03-23T17:59:06.49","LASTSTATUS":"Active","STREETDIRSUFFIX":"S","STREETNAME":"Penn","STREETNUMBER":"6621","STREETSUFFIX":"Avenue","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1952,"ZONING":"Business/Commercial","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-03-23T17:59:06.49","SOURCE":"MG_NST"}
{"ListingKey":"NST7872192","AccessibilityFeatures":"None","AdditionalParcelsYN":"False","NST_AgentOwner":"Yes","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","Basement":"None","BasementYN":"False","BathroomsTotalInteger":"5","BedroomsTotal":"0","CumulativeDaysOnMarket":"62","NST_CeilingHeight":"11-15","City":"Richfield","ConstructionMaterials":"Block,Brick,Frame","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","Cooling":"Central Air","CountyOrParish":"Hennepin","CurrentUse":"Professional/Office,Commercial,Food Service,Restaurant,Retail","Directions":"Penn Ave and 66th St West","DaysOnMarket":"0","Flooring":"Concrete Slab","FoundationArea":"7000","NST_FoundationDimensions":"140x50","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","NST_GarageSquareFeet":"0","GarageSpaces":"0","GrossIncome":"185808","Heating":"Forced Air","HighSchoolDistrict":"Richfield","NST_ForeclosureStatus":"No","Inclusions":"Building,Land","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"44.882303","NST_LenderOwned":"No","Levels":"One","ListPrice":"2000000","ListingContractDate":"2026-03-23T05:00:00Z","ListingId":"NST7041182","LockBoxType":"None","Longitude":"-93.308231","LotFeatures":"Public Transit (w/in 6 blks),Tree Coverage - Light","LotSizeArea":"23000","LotSizeDimensions":"200x115","LotSizeUnits":"Square Feet","NetOperatingIncome":"123308","NumberOfUnitsTotal":"9","OperatingExpense":"62500","OriginalEntryTimestamp":"2026-03-23T12:58:54Z","NST_OverheadDoorClearance":"0-9 Feet","NST_OwnerOccupied":"No","ParcelNumber":"2802824320063","NST_SchoolDistrictNumber":"1261","ParkingFeatures":"Paved Lot","PostalCity":"Minneapolis","PostalCode":"55423","NST_PotentialShortSale":"No","NST_PowerCompanyName":"Xcel Energy","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"NNN. Richfield strip center. 4 units completely remodeled 2025. New roof 2024. 500K put into this property. Tattoo, Shoe repair, Cannabis dispensary, Vietnamese Coffee shop, Hair salon, Ice Cream parlor, Vietnamese restaurant. 100% occupied. 7 tenants over 9 bays. 8 bathrooms. 2 in common area behind south half of bldg.","PublicSurveyRange":"24","PublicSurveySection":"28","PublicSurveyTownship":"28","RoadFrontageType":"County Road","Roof":"Age 8 Years or Less,Flat,Other","NST_SchoolDistrictPhone":"6127986010","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"S","StreetName":"Penn","StreetNumber":"6621","StreetNumberNumeric":"6621","StreetSuffix":"Avenue","SubdivisionName":"Fairwood Park","TaxAnnualAmount":"36000","NST_TaxWithAssessments":"34735","TaxYear":"2025","TenantPays":"All Utilities,Common Area Maintenance,Escalation,Gas,Heat,Hot Water,Percent Rent","Topography":"Level","Township":"Richfield","Utilities":"Electric Separate,Heating Separate,Hot Water Common,Hot Water Separate","WaterSource":"City Water/Connected","WindowFeatures":"Display Window(s)","YearBuilt":"1952","ZoningDescription":"Business/Commercial","ListAgentKey":"NST49786","ListAgentMlsId":"NST502012035","ListOfficeMlsId":"NST8814","ListOfficeName":"Real Estate Masters, Ltd.","ListOfficeKey":"NST16747","ModificationTimestamp":"2026-03-23T19:14:06.414Z","OriginatingSystemName":"northstar","PhotosCount":"0","PhotosChangeTimestamp":"2026-03-23T17:59:06.49Z","DocumentsCount":"0","DocumentsChangeTimestamp":"2026-03-23T17:59:06.49Z","UnitTypes":"[{\"NST_LeaseExpirationDt\":\"3030-03-01\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeKey\":\"NST20945\",\"UnitTypeActualRent\":2600,\"NST_UnitBathHalf\":1,\"NST_UnitLevel\":\"Main Level\"},{\"NST_LeaseExpirationDt\":\"3030-03-01\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeKey\":\"NST20946\",\"UnitTypeActualRent\":2150,\"NST_UnitBathHalf\":1},{\"NST_LeaseExpirationDt\":\"3030-03-01\",\"UnitTypeBathsTotal\":2,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeKey\":\"NST20947\",\"UnitTypeActualRent\":3000,\"NST_UnitBathHalf\":2,\"NST_UnitLevel\":\"Main Level\"},{\"NST_LeaseExpirationDt\":\"3030-03-01\",\"UnitTypeBathsTotal\":0,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeKey\":\"NST20948\",\"UnitTypeActualRent\":3000,\"NST_UnitLevel\":\"Main Level\"},{\"NST_LeaseExpirationDt\":\"3030-03-01\",\"UnitTypeBathsTotal\":0,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeKey\":\"NST20949\",\"UnitTypeActualRent\":500,\"NST_UnitLevel\":\"Main Level\"},{\"NST_LeaseExpirationDt\":\"3030-03-01\",\"UnitTypeBathsTotal\":0,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeKey\":\"NST20950\",\"UnitTypeActualRent\":950,\"NST_UnitLevel\":\"Main Level\"},{\"NST_LeaseExpirationDt\":\"3030-03-01\",\"UnitTypeBathsTotal\":0,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeKey\":\"NST20951\",\"UnitTypeActualRent\":1100,\"NST_UnitLevel\":\"Main Level\"},{\"NST_LeaseExpirationDt\":\"3030-03-01\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeKey\":\"NST20952\",\"UnitTypeActualRent\":500,\"NST_UnitBathHalf\":1,\"NST_UnitLevel\":\"Main Level\"},{\"NST_LeaseExpirationDt\":\"3030-03-01\",\"UnitTypeBathsTotal\":0,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeKey\":\"NST20953\",\"UnitTypeActualRent\":2100,\"NST_UnitLevel\":\"Main Level\"}]","UnitTypes__NST_LeaseExpirationDt":"3030-03-01","UnitTypes__UnitTypeBathsTotal":"1","UnitTypes__NST_UnitIsLeased":"Yes","UnitTypes__UnitTypeKey":"NST20945","UnitTypes__UnitTypeActualRent":"2600","UnitTypes__NST_UnitBathHalf":"1","UnitTypes__NST_UnitLevel":"Main Level","MlgCanView":"True","MlgCanUse":"IDX","CustomVTourURL":""}