233 Groveland Avenue, Minneapolis, MN 55403

$389,000
Property Type: Commercial Status: Active
Current Price: $389,000 List Date: 10/16/2025 Last Modified: 6/14/2026

Overview

Description

Six-office commercial conversion in the heart of Minneapolis — zoned for live/work, business use, or single-family reversion. This 2000-converted property delivers turnkey office infrastructure with six private offices, two waiting rooms, updated mechanicals (roof, furnace, A/C), and a lower-level kitchen and full bath. Sweeping downtown views, a stamped concrete patio, and mature gardens add genuine lifestyle appeal. Smart C/I zoning creates multiple exit strategies: operate as-is, lease to tenants, reposition for creative or professional use, or convert back to residential. Priced for the investor who sees the angle. Schedule a private showing.

Listing Details MLS# 6802864

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Owner Occupied
No
Waterfront YN
No
Year Built
1928
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Residential-Single Family
Foundation Size
714
Garage Stalls
Yes
For Sale or Lease
For Sale
Lot Dimensions
50x50x50x60
Assessment Pending
No
Other Parking Spaces
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: Deck; Patio Basement: Egress Windows; Full CMU Style: Office; Other Commercial Kitchen Appliances: Dishwasher; Refrigerator Construction Status: Previously Owned Current Use: Office Exterior: Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Tuckunder Garage Road Frontage: City Street Roof: Age 8 Years or Less Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
389000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
233
Street Name
Groveland Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55403

Additional Parcels Information

Property ID #2
tbd

Assessments

Tax With Assessments
11534
Assessment Balance
0

More Information

Building Information

Building Finished SqFt
2142
Building SqFt
2142

Income and Expenses

Annual Gross Income
81000

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
27
Township#
29

Sale Options

Sale Includes
Building

Unit Details

Total Units
6

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 023 BLOCK 004 RIDGEWOOD ADDN TO MPLS THAT PART LYING N OF A LINE RUNNING FROM A PT IN E LINE OF LOT 23 DIS 91 5/10 FT N FROM SE COR THEREOF TO A PT IN W LINE OF LOT 23 DIS 91 FT N FROM SW COR THE
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Property ID Number
2702924340039
Tax Year
2025
Tax Amount
11534
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Six-office commercial conversion in the heart of Minneapolis — zoned for live/work, business use, or single-family reversion. This 2000-converted property delivers turnkey office infrastructure with six private offices, two waiting rooms, updated mechanicals (roof, furnace, A/C), and a lower-level kitchen and full bath. Sweeping downtown views, a stamped concrete patio, and mature gardens add genuine lifestyle appeal. Smart C/I zoning creates multiple exit strategies: operate as-is, lease to tenants, reposition for creative or professional use, or convert back to residential. Priced for the investor who sees the angle. Schedule a private showing.
Directions
Lyndale Av. to Groveland Av. East on Groveland to building.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Deck
Yes
Patio
Yes

Basement

Egress Windows
Yes
Full
Yes

Construction Status

Previously Owned
Yes

Exterior

Stucco
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Parking Characteristics

Tuckunder Garage
Yes

Road Frontage

City Street
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Refrigerators

One
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Office
Yes
Other
Yes

Commercial Kitchen Appliances

Dishwasher
Yes
Refrigerator
Yes

Current Use

Office
Yes
IDX
Listing Office: Pemberton RE
Last Updated: June - 14 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.