Minneapolis MN Commercial for Sale

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Type:
Low-Rise
Sq.Ft.:
19,200
Status:
Active
Beds:
n/a
Lot size:
0.32 Acres
Year built:
1966
Baths:
MLS#:
6640491

ADDITIONAL INFORMATION

ATTRACTIVE 21-UNIT IN THE HIGHLY SOUGHT AFTER WHITTIER PARK NEIGHBORHOOD OF MINNEAPOLIS, MINNESOTA. ALL BRICK AND STUCCO EXTERIOR BUILT IN 1966 WITH GREAT CURB APPEAL. THE UNIT MIX FEATURES TWO WELL APPOINTED 2-BEDROOMS, FIFTEEN LARGE 1-BEDROOMS, AND FOUR STUDIOS. MOST OF THE APARTMENTS HAVE BEEN RENOVATED INCLUDING NEWER KITCHENS, BATHROOMS, LVP FLOORING, LIGHTING FIXTURES, AND UPDATED APPLIANCE PACKAGES. PROPERTY HAS NEWER DOUBLE PANE VINYL REPLACEMENT WINDOWS, TWO ENERGY EFFICIENT HOT WATER BOILERS, AND NEWER COIN OPERATED LAUNDRY MACHINES. CLOSE PROXIMITY TO THE MINNEAPOLIS COLLEGE OF ART & DESIGN (MCAD), MPLS. INSTITUTE OF ARTS MUSEUM, AND DOWNTOWN.

Type:
Apartment
Sq.Ft.:
6,474
Status:
Active
Beds:
n/a
Lot size:
0.26 Acres
Year built:
1969
Baths:
MLS#:
6638564

ADDITIONAL INFORMATION

Apartment with new roof & updated units blocks from Lake and Lyndale in Uptown. Appraised within the last three years for $2.4 million. Management in place willing to stay on during a 6 month transition period. 5 - 2 BR units and 7 - 1 BR units. Some furnished units. Seller has made significant improvements and investments to the property in the last several years. Near the lakes, the heart of Uptown, US Bank Stadium and the Convention Center, many shops & restaurants. Open layouts, updated kitchens and baths & new roof. Don’t miss this rare chance for an equity building investment with value add opportunity.

Type:
Low-Rise
Sq.Ft.:
6,534
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1926
Baths:
MLS#:
6634818

ADDITIONAL INFORMATION

Type:
Other
Sq.Ft.:
5,000
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1932
Baths:
MLS#:
6631652

ADDITIONAL INFORMATION

Tremendous opportunity for an owner/occupant to work from this blank slate! High visibility location on Hennepin Avenue!

Type:
Apartment
Sq.Ft.:
4,412
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1960
Baths:
MLS#:
6624634

ADDITIONAL INFORMATION

CONTRACT FOR DEED AVAILABLE! Fantastic investment opportunity to buy an apartment with seller-financing in the heart of Lyn-Lake! This fully renovated, fully occupied, six-unit building at 3029 Garfield offers modern, updated units with leases running through Summer of 2025. The unit mix consists of 1 x studio, and 5 x one-bedrooms. Tenants enjoy the convenience of mobile-friendly laundry and eight dedicated parking spaces. The property generates over $7,300/month, which includes revenue from rent, parking, pet fees, RUBs, and laundry. A turnkey investment in one of Minneapolis’s most popular rental areas—this is an income-producing property you won’t want to miss! The property can be purchased on a contract for deed with the following terms: 25+% down, 5.0% interest, interest-only monthly payments, on a seven-year term.

Type:
Apartment
Sq.Ft.:
5,328
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1959
Baths:
MLS#:
6624560

ADDITIONAL INFORMATION

MOTIVATED SELLER - Encouraging Offers! Located in the heart of the Whittier neighborhood, this beautifully renovated 8-unit apartment presents an exceptional investment opportunity - featuring a unit mix of seven x one-bedroom units and one x studio, along with five parking stalls. With a mix of long-term tenants and fully furnished mid-term and short-term units, this property is already generating strong income, grossing north of $11,000 per month, representing an in-place cap rate of 7.81%! The property has undergone an extensive renovation, addressing everything from the exterior façade and landscaping to the common areas and in-unit upgrades. Each unit is tastefully updated, ensuring a modern living experience for all residents. Whether you're looking to expand your portfolio or seeking a solid investment in a vibrant Minneapolis neighborhood, 2700 Garfield Avenue South offers a rare blend of immediate income and long-term value appreciation. Don’t miss out on this well-maintained, high-performing asset in one of the city's most sought-after areas!

Type:
Retail
Sq.Ft.:
1,000
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1931
Baths:
MLS#:
6619750

ADDITIONAL INFORMATION

Expand your brand and grow your business in the bustling Uptown Neighborhood of Minneapolis. This location offers high visibility, high traffic counts, and lots of foot traffic giving your business maximum exposure to the public. The property has 1,000 square feet of main level retail space and 900 square feet of usable space in the basement. Can be combined with the next door space to double your footprint. To top it off, the building has dedicated parking in the rear. A tenant improvement allowance is available to qualified tenants willing to sign a longer term lease. Owner is an architect and offering space planning, and interior design services. Zoned CM1

Type:
Apartment
Sq.Ft.:
6,540
Status:
Active
Beds:
n/a
Year built:
2023
Baths:
MLS#:
6616329

ADDITIONAL INFORMATION

Great investment deal! Three newly built townhomes in South Minneapolis, all units are rented out for a total monthly income of $8,600. Each unit boasts 3 bedroom, 3 bathroom, and a beautiful kitchen with granite countertops and stainless steel appliances. The primary bedroom features two walk-in closets with a convenient second level laundry room. A fully finished basement includes the third bedroom and full bathroom. 3 PID numbers, each townhome has own PID number.

Type:
Low-Rise
Sq.Ft.:
10,800
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1910
Baths:
MLS#:
6612328

ADDITIONAL INFORMATION

Price Reduced - Fully leased with nearly an 8% Cap Rate! Several units were just renovated with new kitchens and baths. Bring all offers to this 7-Unit Multifamily Building For Sale near the Lakes in South Minneapolis! Renovated & huge 3+ bedroom, 1,300+ square foot units. Beautiful hardwood floors, 3 season porches, exposed brick & great natural light throughout. Rear room off the kitchen could be a 4th bedroom, dining room, or office. One legal and large garden level unit. Total building size of about 10,800 square feet. Tenants pay all utilities and each unit has new separately metered high efficiency gas boilers for hot water baseboard heat. 5 off-street parking stalls for additional income.

Type:
Low-Rise
Sq.Ft.:
6,800
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1910
Baths:
MLS#:
6600433

ADDITIONAL INFORMATION

Location is King on this building. 1 block to Greenway, Lakes, Bus Station, Lunds and Dining. Quiet building on an easy to park 1 way street. 4 1150 sq ft identical units with original woodwork and leaded glass. Top unit is 1550 sq ft with own roof top deck - great for an owner occupied situation. Units are never vacant and always have multiple applications when they come available. This building has had a ton of work completed. It has been completely upgraded. 2005-2008 period. Back 2/3 of roof was flat. It was removed and rebuilt adding space to the 3rd floor. All 5 bathrooms replaced. Water upgraded to copper. Electric updated with new wiring, breakers, and meter for each unit. NO knob and tube. Brick work on outside completely replaced. The 3rd floor deck completely replaced (new flat roof on that 2018). 2020-2023 - 80% of windows replaced. All eves, trim and front columns stripped to wood and repainted. 2023 - New $30k roof. New $35k paint job on entire building.

Type:
Retail
Sq.Ft.:
5,400
Status:
Active
Beds:
n/a
Lot size:
0.38 Acres
Year built:
1930
Baths:
MLS#:
6535652

ADDITIONAL INFORMATION

Beautifully Maintained Stand-Alone Retail/Office/Live-Work building with great parking for up to 18 cars! Sale includes both 3040 Lyndale (corner building, 5 car lot, and 3 garages connected to building) + 3045 Aldrich (10 car lot). Generous CM3 building zoning with many retail, office, and residential/multifamily/Live-work uses permitted. Owner occupied by Top Shelf Apparel – building will be vacated at closing, possibility for a short term lease-back. Perfect for an Owner/User to occupy or Investor. These properties have been meticulously cared for both inside and outside. 4 floors totaling 7,600 SF with 2,200 SF in the basement, 1st, and 2nd floors and 1,000 SF on the 3rd floor. The 3 garage stalls are conveniently attached to the first floor to provide additional storage and parking. The basement is unfinished, but useable - currently used for alterations. Excellent location on the convenient corner of Lyndale and 31st in Lyn-Lake. Contract for Deed possible.

Type:
Other
Sq.Ft.:
8,100
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1953
Baths:
MLS#:
6520677

ADDITIONAL INFORMATION

Type:
Other
Sq.Ft.:
3,200
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1952
Baths:
MLS#:
6520667

ADDITIONAL INFORMATION

Type:
General Commercial
Sq.Ft.:
2,121
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
2017
Baths:
MLS#:
6490685

ADDITIONAL INFORMATION

Type:
General Commercial
Sq.Ft.:
8,062
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1947
Baths:
MLS#:
6469049

ADDITIONAL INFORMATION

Landlord will want to see 2 years of financials for an existing business or a proof of funds.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Minneapolis Real Estate

The median home value in Minneapolis, MN is $294,200. This is lower than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Minneapolis, MN is $294,200. Approximately 45.07% of Minneapolis homes are owned, compared to 48.7% rented, while 6.23% are vacant. Minneapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Minneapolis real estate agent to arrange a tour today!

Minneapolis, Minnesota 55408 has a population of 425,091. Minneapolis 55408 is less family-centric than the surrounding county with 26.08% of the households containing married families with children. The county average for households married with children is 33.3%.

The median household income in Minneapolis, Minnesota 55408 is $70,099. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Minneapolis 55408 is 32.7 years.

Minneapolis Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 31.9 inches per year, with 52.4 inches of snow per year.

Minneapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    91
    30-day change

Minneapolis Schools and Demographics

Education near Minneapolis, MN

Metric City County
High School Graduates 90.7 93.87
College Degree - 2 year 7.44 8.7
College Degree - 4 year 52.64 51.85
Graduate Degree 14.47 13.68
Expenditures per Student 19,300 19,300
Students per Teacher 16.1 16.1

Elementary Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Andersen Community PK - 08 1,199 11.3 55407
Armatage Elementary School PK - 05 632 20 55410
Bancroft Elementary School PK - 05 545 12 55407
Barton Open Elementary School KG - 08 761 20.4 55409
Burroughs Elementary School KG - 05 789 21 55419
Emerson Elementary School PK - 05 513 13.9 55403
Folwell Arts Magnet PK - 08 883 15.1 55407
Green Central Park Elementary School PK - 08 511 11.2 55408
Hale Elementary School KG - 04 650 20.3 55417
Hmong International Academy PK - 08 539 11.6 55411
Jefferson Elementary School PK - 08 726 12 55405
Lake Harriet Lower Elementary School KG - 03 542 21.2 55410
Lucy Laney @ Cleveland Park Elementary School PK - 08 599 11.9 55412
Lyndale Elementary School PK - 05 551 13.7 55408
Marcy Open Elementary School KG - 08 676 18.5 55414
Nellie Stone Johnson Elementary School PK - 08 747 11.5 55411
Pillsbury Elementary School PK - 05 576 11.9 55418
Seward Elementary School KG - 08 859 19.3 55406
Sullivan Elementary School PK - 08 708 11.7 55406
Whittier International PK - 05 638 15 55404

Middle Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Anthony Middle School 06 - 08 633 16.6 55419
Anwatin Middle Com & Spanish D I 06 - 08 632 12.2 55405
Field Elementary School 05 - 08 501 19.4 55419
Lake Harriet Upper School 04 - 08 640 22.3 55410
Northeast Middle School 06 - 08 604 13.3 55418
Olson Middle School 06 - 08 271 10.4 55430
Ramsey Middle 06 - 08 625 20.4 55419
Sanford Middle School 06 - 08 789 15.9 55406

High Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Edison Senior High School 09 - 12 756 12.7 55418
Henry Senior High 09 - 12 1,087 15 55412
Minneapolis on Line Learning 07 - 12 29 4.4 55407
North Senior High School 12 - 12 49 5.8 55411
Roosevelt Senior High School 09 - 12 884 13.4 55406
South Senior High School 09 - 12 1,777 19.3 55407
Southwest Senior High School 09 - 12 1,725 20 55410
Washburn Senior High School 09 - 12 1,468 20.4 55419
Wellstone International High School 09 - 12 336 15 55406

Ungraded Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
* American Indian OIC 09 - 12 38 21.1 55404
* Basic Skills-4 09 - 12 0 55411
* Broadway Arts & Technology 07 - 12 97 12.5 55406
* Center School 07 - 12 53 12.1 55404
* Challenge Academy 10 - 12 5 55404
* Extended Day Program 09 - 12 22 55413
* Harrison Education Center 09 - 12 61 6.1 55405
* Loring-Nicollet High School 09 - 12 52 15.3 55403
* Menlo Park Academy 09 - 12 73 12.2 55413
* Merc. 09 - 12 62 12.3 55404
* Mpls. H.S. Alternative Program 11 - 12 10 55407
* Plymouth Youth Center 09 - 12 179 14.3 55411
* Transition Plus Services 12 - 12 309 10 55407
* Urban League Academy High School 07 - 12 47 7.8 55403
* VOA High School 09 - 12 170 16.4 55404
Early Childhood Assessment/Special PK - PK 0 55411
Fair Elementary UG - UG 0 55403
Fair Senior High UG - UG 0 55403
Franklin Middle School UG - UG 0 55411
Heritage Science & Technology 06 - 12 257 16.8 55414
MPS Metro C KG - 12 17 7.4 55403
MPS Metro Ha KG - 12 36 3.3 55413
MPS Metro SJ KG - 12 46 5.7 55407
Nonpublic SP Ed Program PK - 12 0 55413
North Academy Arts/Communication 09 - 11 258 11.4 55411
River Bend Educational Center KG - 12 89 4.3 55405
Ronald McDonald House KG - 12 7 6.9 55414
Shelters KG - 12 11 55413
Special Ed - Speech Only PK - PK 62 138.6 55413
Special Education PK - 12 0 55413
Stadium View 06 - 12 40 4 55415
Webster Elementary UG - UG 0 55413

Demographics near Minneapolis, MN 55408

Metric Zip Code City
Neighborhood Type Inner City
Population 425,091 1,270,283
Population Density 7,872 2,294
Median Age 32.7 36.9
People per Household 2.2 2.4
Median Household Income 70,099 85,438
Average Income per Capita 43,925 50,478