7940 PENN AVE S
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Location
7940 PENN AVE S
City, State, Zip
BLOOMINGTON, MN 55431
Property ID #
0502724110004
Owner
PENN AVENUE PARTNERS LLC
Total Market Value
$10,156,900
School District
271
Lot Type
COMMERCIAL
Assessing District
494
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$7,206,200$2,950,700$10,156,900

Owner of Record
OwnerPENN AVENUE PARTNERS LLC
Co-Owner
Address7650 EDINBOROUGH WAY
SUITE 200
EDINA, MN 55435
Sale Price$4,300,000
Book & Page 0/0
Sale Date05/12/2005

Building Information
Building 1 : Section 1
Year Built: 2006
Living Area: 23,016
Building Attributes
FieldDescription
StyleNeighborhood Shopping Center
Stories1
BillboardNo
Comm TowerNo
Total Bsmt Area0
Total Mezz Area0
Gross Bldg Area23016
Total Park Spaces109
Efficiency Units0
One BR Units0
Two BR Units0
Three BR Units0
Four BR Units0
Hotel Room #0
Living Units0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
RETAILRetail / C Store First Floor 23,016 23,016
CANCanopy 486 0
   23,502 23,016

Extra Features
Extra Features
CodeDescriptionSize
CNPYCanopy486.00 SQFT

Land
Land Use
Use Code412
DescriptionNeighborhood Shopping Center  
ZoningCR-1
Neighborhood
Land Line Valuation
Size (Sqr Feet)98355
Total Market Land$2,950,700

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$6,929,000$2,951,000$9,880,000
2024$6,549,000$2,951,000$9,500,000
2023$6,241,100$2,458,900$8,700,000
2022$6,241,100$2,458,900$8,700,000
2021$5,941,100$2,458,900$8,400,000

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