3400 University Avenue SE, Minneapolis, MN 55414

$2,031
Property Type: Commercial Lot Size (sq. ft.): 13,068 Status: Closed
Current Price: $2,031 List Date: 3/08/2023 Last Modified: 6/08/2025

Overview

Description

Recent remodeled mixed use property directly on light rail in the heart of Prospect Park / Minneapolis with ample parking in rear of building & amazing visibility! LAST Unit is available, suite C on Bedford and University, 903 SF. Landlord open to tenant uses great for barber, coffee shop, or personal services type tenant. Space is built out, LVP floors, 2 tiled baths. Market rate apartments upstairs and 3 retail suites on the main level at the corner of University Avenue SE & Bedford. Tons of visibility from students, light rail, and vehicles. 2031/month+utilities.

Listing Details MLS# 6340441

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Year Built
1906
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
6114
For Sale or Lease
For Lease
Acres
0.3
Lot Dimensions
95x62x135x90x70
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: None CMU Style: Apartments and Retail Construction Status: Previously Owned Current Use: Retail Exterior: Brick/Stone Fuel: Natural Gas Heating: Steam Lease Details: Gross On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Paved Lot Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Off Market Date
2023-07-25
Closed Date
2023-07-25
Sales Close Price
2031
Original List Price
20
Contingency
None
ListPrice
2031
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3400
Street Name
University
Street Suffix
Avenue
Street Direction Suffix
SE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55414
Complex/Dev/Subdivision
Prospect Park 1st Div Rev

Assessments

Tax With Assessments
30603
Assessment Balance
0

Building Information

Building Finished SqFt
10143
Building SqFt
16926

More Information

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Square Foot
Gross
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
30
Township#
29

Sale Options

Sale Includes
Business, Other, Rental License

Unit 1

Unit Number
Yes
Full Baths
2
Unit Total SqFt
3113
Leased?
No

Unit 2

Lease Expiration Date
2033-01-31
Leased?
Yes
Unit Number
2
Unit Total SqFt
1150

Unit 3

Full Baths
2
Leased?
No
Unit Number
3
Unit Total SqFt
904

Unit Details

Total Units
3

Office/Member Info

Association
SPAAR
MLSID
RMLS

Location, Tax and Other Information

Listing City
Minneapolis
Map Page
107
Municipality
Minneapolis
Rental License?
No
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3328
Property ID Number
3002923410020
Tax Year
2022
Tax Amount
30603
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Recent remodeled mixed use property directly on light rail in the heart of Prospect Park / Minneapolis with ample parking in rear of building & amazing visibility! LAST Unit is available, suite C on Bedford and University, 903 SF. Landlord open to tenant uses great for barber, coffee shop, or personal services type tenant. Space is built out, LVP floors, 2 tiled baths. Market rate apartments upstairs and 3 retail suites on the main level at the corner of University Avenue SE & Bedford. Tons of visibility from students, light rail, and vehicles. 2031/month+utilities.
Directions
Hwy 280 to University Ave to site

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Fuel

Natural Gas
Yes

Heating

Steam
Yes

Parking Characteristics

Paved Lot
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Apartments and Retail
Yes

Current Use

Retail
Yes
IDX
Listing Office: Keller Williams Integrity Realty
Last Updated: June - 08 - 2025
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.