1844 Central Avenue NE, Minneapolis, MN 55418
$3,850,000
Property Type:
Commercial
Lot Size (sq. ft.):
22,651
Status:
Active
Current Price:
$3,850,000
List Date:
3/31/2026
Last Modified:
5/27/2026
Overview
Description
Listing Details MLS# 7046184
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 26
- Owner Occupied
- No
- Waterfront Present
- No
- Year Built
- 1897
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial, Residential-Multi-Family
- Foundation Size
- 12166
- Garage Stalls
- 6
- For Sale or Lease
- For Sale
- Acres
- 0.52
- Lot Dimensions
- 128x175
- Assessment Pending
- Unknown
Property Features
Accessible:
None
CMU Style:
Apartments and Retail; Apartments/Multi Family; Mixed Use
Construction Status:
Previously Owned
Current Use:
Beauty/Barber Shop; Residential; Restaurant; Retail; Warehouse
Existing Financing:
Free and Clear
Exterior:
Brick/Stone; Stucco
Foundation:
Slab
Fuel:
Natural Gas
Heating:
Forced Air
Loan Terms:
Cash; Contract for Deed; Conventional; Special Funding; Other
Lot Description:
Corner Lot; Public Transit (w/in 6 blks)
On Site Utilities:
Electric Separate; Heating Separate
Overhead Door Clearance:
10-14 Feet
Owner Pays:
Taxes
Parking Characteristics:
Paved Lot
Road Frontage:
City Street
Sewer:
City Sewer/Connected
Tenant Pays:
All Utilities
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 3850000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 1844
- Street Name
- Central
- Street Suffix
- Avenue
- Street Direction Suffix
- NE
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55418
- Complex/Dev/Subdivision
- Wilsons Rgt Blks East Side Add
Assessments
- Tax With Assessments
- 26204
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 29434
More Information
Income and Expenses
- Annual Gross Income
- 297000
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Square Feet
- 3000
- Paved Lot
- Yes
Public Survey Info
- Range#
- 24
- Section#
- 11
- Township#
- 29
Sale Options
- Sale Includes
- Building, Land, Leases, Rental License
Unit 1
- Unit Number
- Yes
- No. of 1 Bedroom Units
- 8
Unit 2
- No. of 2 Bedroom Units
- 4
Unit Details
- Total Units
- 19
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- BLOCK 033 WILSONS RGT BLKS EAST SIDE ADDN LOTS 1 2 AND 3
- Listing City
- Minneapolis
- Map Page
- 92
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Zip Plus 4
- 8412
- Property ID Number
- 1102924440196
- Tax Year
- 2026
- Tax Amount
- 26204
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Very unique opportunity to redevelop this property into large 100+ unit multi family building. 19 Unit Building. 12 Residential Units (8 - 1 Bedrooms, 4 - 2 bedrooms) - 6 Commercial Units - 1 Large warehouse unit. Located on a main busy road in NE Minneapolis close to downtown. 128 x 174 corner lot on High-Volume Arterial Road. Seller financing can be available.
- Directions
- Includes 1842-1852 Central Avenue NE
Accessible
- None
- Yes
Construction Status
- Previously Owned
- Yes
Existing Financing
- Free and Clear
- Yes
Exterior
- Brick/Stone
- Yes
- Stucco
- Yes
Foundation
- Slab
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Lot Description
- Corner Lot
- Yes
- Public Transit (w/in 6 blks)
- Yes
Owner Pays
- Taxes
- Yes
Road Frontage
- City Street
- Yes
Sewer
- City Sewer/Connected
- Yes
Water
- City Water/Connected
- Yes
No. of Ranges
- One Per Unit
- Yes
No. of Refrigerators
- One Per Unit
- Yes
Tenant Pays
- All Utilities
- Yes
On Site Utilities
- Electric Separate
- Yes
- Heating Separate
- Yes
CMU Style
- Apartments and Retail
- Yes
- Apartments/Multi Family
- Yes
- Mixed Use
- Yes
Current Use
- Beauty/Barber Shop
- Yes
- Residential
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Warehouse
- Yes
Loan Terms
- Cash
- Yes
- Contract for Deed
- Yes
- Conventional
- Yes
- Special Funding
- Yes
- Other
- Yes
Overhead Door Clearance
- 10-14 Feet
- Yes
Listing Office:
RE/MAX Results
Last Updated: May - 27 - 2026
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